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Showing 1391 - 1400 of 4947 results for "fees"

ISA ramps up campaign against super reforms

ELIZA BAVIN  |  MONDAY, 14 DEC 2020
... taking in profit through party payments is in the best financial interest of members and excluding the for-profit sector's fees from performance benchmarks. Additionally, it said the reforms shield most underperforming products from performance tests ...

How far are we from a trillion-dollar super fund?

KANIKA SOOD  |  FRIDAY, 11 DEC 2020
... returns while also driving down costs for members," AustralianSuper chief executive Ian Silk said. "Investment management fees have reduced by 30% over the last 10 years. AustralianSuper's internalisation of investment management has seen members ...

Key advice reforms tabled

KARREN VERGARA  |  THURSDAY, 10 DEC 2020
New regulation that requires financial advisers to disclose conflicts of interest and stamp out fees-for-no service have been tabled in parliament. The Financial Sector Reform (Hayne Royal Commission Response No. 2) Bill 2020 aims to strengthen many ...

Aberdeen Standard pulls plug on Aussie fixed income

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
... currently led by Garreth Innes as head of Australian fixed income, including a $180 million income fund that trimmed its fees just last month. "Aberdeen Standard Investments (ASI) has decided to cease the management of Australian fixed income products ...

Advice associations join forces

ANNABELLE DICKSON  |  WEDNESDAY, 9 DEC 2020
... include access to TSA events, webinars and newsletters which will be funded by a reduction in the AIFOP annual membership fees where the cost for the combined membership will not exceed the current price. Back in August the AIOFP called for opt-in provisions ...

AMP launches retirement product

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... MyNorth Guarantees aim to help investors nearing retirement protect their nest egg against sequencing risk. Notwithstanding the fees, investors who keep investments for a full period of either five or 10 years "will get their initial investment sum back ...

Acadian hires from Macquarie

ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
... quantitative firm's Australian office as vice president product and wholesale markets. At the start of December, Acadian reduced fees for several of the funds it manages in Australia. The asset manager said in addition to reducing base fees, all ...

Iress scores dealer group mandate

JAMIE WILLIAMSON  |  TUESDAY, 8 DEC 2020
... general manager Andrew Wootton said. "As a result, we can more efficiently ensure advisers' service obligations are met, fees are appropriately charged, and a myriad of other Best Interest Duty risks are mitigated." FYG sees significant opportunities ...

ASIC takes iSignthis to court

ANNABELLE DICKSON  |  TUESDAY, 8 DEC 2020
... out-sourcing services from the integration arrangements. However, iSignthis told the market revenue for one-off or up-front fees accounted for less than 15% of the total revenue in the fourth quarter to 30 June 2018 when it amounted to 75%. As a result ...

AllianceBernstein Australia eyes ETFs

KANIKA SOOD  |  MONDAY, 7 DEC 2020
... Driscoll said she expects the ETF's investors to come primarily from SMSFs and financial advisers who prefer listed funds. The fees for the quoted units will be the same at 55bps per year. The exchange is yet to be decided, Driscoll said.