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Showing 1371 - 1380 of 4947 results for "Fees"

Pendal reports $1.6bn in net outflows

KANIKA SOOD  |  FRIDAY, 15 JAN 2021
... which added $9.3 billion, resulting in a net gain on total assets for the period. JO Hambro business reported performance fees of $41.2 million for the year ending December, a significant improvement from just $600,000 in the previous corresponding period. ...

Six Park launches ESG options

ELIZA BAVIN  |  FRIDAY, 15 JAN 2021
... used include E200 by State Street, Vanguard's VESG and BetaShares' HETH. The minimum investment in the options is $5000 and fees start at $9.95 a month, according to Six Park's website. "We've reviewed the sustainable ETFs currently available on the ...

Rice Warner weighs in on Your Future, Your Super

KARREN VERGARA  |  THURSDAY, 14 JAN 2021
... most pensions were provided by employers as a staff benefit that were typically tailored to their demographic and subsidised fees and premiums, the submission document shows. Such employer schemes "will be starved of new members and will inevitably dwindle" ...

HESTA hikes group insurance premiums again

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
... death cover. It does not include total permanent disability cover (TPD). For most HESTA members on it, overall insurance fees will increase from four cents to 22 cents a week, across all age groups on a net insurance fee basis. The changes come into ...

Australian banks among most fined

ELIZABETH MCARTHUR  |  TUESDAY, 12 JAN 2021
... financing law. The other two Australian bank fines in 2020 both went to National Australia Bank. One was $57.5 million in the fees for no service scandal and the second was $15 million for credit law breaches. Israel was in third place, although just ...

Tasplan says goodbye to lifecycle MySuper

KANIKA SOOD  |  MONDAY, 11 JAN 2021
... launched in December 2016. It classified members into four stages: Build (those below 49 years of age, 60 bps per year in fees), Sustain (members aged 50 to 54 years, 54 bps), Control (members aged 55 to 59 years, 48 bps) and Maintain (members 60 years ...

Arowana winds up LIC

KARREN VERGARA  |  THURSDAY, 7 JAN 2021
... million net loss after making a profit of $466,000 in FY19. It returned 6%, slightly beating the benchmark's 7.7% net of fees. It paid a fully franked yield of 15% based on the closing price of $0.79 as at 30 June 2020. While the board said it supports ...

Prioritise underperformance over stapling: AIST

KARREN VERGARA  |  WEDNESDAY, 6 JAN 2021
... Productivity Commission's recommendation to allow the regulator to wind up underperforming funds. AIST also pointed out that all fees should be included in performance comparisons. "The annual performance assessment and the YourSuper comparison tool ...

Class action launched against OnePath

ELIZA BAVIN  |  TUESDAY, 5 JAN 2021
... action alleges that OnePath Custodians breached its duties as trustee of various superannuation funds by charging higher fees to members in order to pay unnecessary commissions to financial advisers for no ongoing benefit for the members. It also alleges ...

Super underperformance needs to be addressed: Research

ELIZA BAVIN  |  TUESDAY, 5 JAN 2021
... matched or beat the index. "A super fund's active investment management strategy should be purpose-built to earn back the fees and tax margins. If not, super funds should use indexed strategies," Dunnin said. The International shares asset class ...