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Showing 121 - 130 of 261 results for "Investment fee"

Future Fund asked to table detailed fee spend

KANIKA SOOD  |  WEDNESDAY, 21 OCT 2020
At the budget estimates this morning, the Future Fund was asked to provide its fee spend by each asset class, instead of the total-portfolio figure it usually reports. The $163 billion sovereign wealth fund uses 'total portfolio approach' meaning ...

Industry fund launches new passive options

JAMIE WILLIAMSON  |  WEDNESDAY, 14 OCT 2020
... three passive options: Indexed Balanced, Australian Shares (Indexed) and International Shares (Indexed). With an investment fee of just 0.06%, the Indexed Balanced option's objective is to achieve a net return exceeding the increase in CPI by at least ...

Australian Ethical cuts fees

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
... what it says is a continued effort to provide lower cost ethical investment options. The super fund reduced the investment fee for its defensive investment option in super and pensions effective from 1 October 2020. It halved the fee from 0.40% to 0.20% ...

AMP Capital Ethical Leaders loses another mandate

ELIZABETH MCARTHUR  |  THURSDAY, 24 SEP 2020
A third superannuation fund in mere months has terminated its mandate with AMP Capital to manage to its ethical investment option. ESSSuper, the $30 billion government fund for the emergency services, terminated AMP Capital Ethical Leaders Balanced ...

Ethical super fund overhauls fees

ELIZABETH MCARTHUR  |  TUESDAY, 22 SEP 2020
An ethical superannuation fund which targets young, socially aware people has overhauled its investment and administration fees. Cruelty Free Super will change its fees from 1 October 2020, in a move that the fund says should lower the cost over all ...

Super fund overhauls performance on red rating

KARREN VERGARA  |  TUESDAY, 15 SEP 2020
After underperforming its peers and receiving a red rating from the regulator, an $11 billion superannuation fund is turning its performance around. Mine Super initiated several strategic investment changes to its MySuper products, which are now delivering ...

Industry fund reduces fees

KARREN VERGARA  |  MONDAY, 31 AUG 2020
A $1.7 billion superannuation fund is cutting some of its fees as of 1 October 2020. The majority of Christian Super's 28,000 members will benefit from asset allocation changes, lower fees paid to investment managers, and reduced indirect costs ...

Macquarie introduces new wrap cash fee

ELIZABETH MCARTHUR  |  TUESDAY, 25 AUG 2020
... including super contributions, pension payments, fees and charges are processed. The cash account already had an investment fee of 0.44% per annum, which will continue to apply until December. But from 25 September 2020 customers will be hit with a new ...

Sunsuper announces investment, insurance changes

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
Sunsuper is making a raft of changes to its investment fees and costs, transactional and operation costs and the definition of Total & Permanent Disability (TPD). Effective 1 July 2020, Sunsuper updated their fees and costs. Overall, the fees and costs ...

Kogan Super reports growth

ELIZABETH MCARTHUR  |  TUESDAY, 18 AUG 2020
... Superannuation is the trustee. It also sells its super offering as having very low fees. It has a 0.24% per annum investment fee in the enhanced indexed growth option and an admin fee of 0.33% per annum. Life insurance for Kogan Super members is provided ...