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Showing 1401 - 1410 of 4944 results for "fees"

Mercer restructures fees, asset allocation

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
Mercer is introducing a series of changes to its default and lifecycle products, which includes slashing administration fees and simplifying fee structures. From 1 April 2021, Mercer Super Trust will drop two sets of headline admin fees. MySuper members ...

New fund to invest in AI companies

KANIKA SOOD  |  TUESDAY, 1 DEC 2020
... debt or equity in AI businesses in startup to pre-IPO life stages. The return target is set at 10-12% per year IRR after fees but before tax. Fees as 1.65% p.a. in base fees and 20% above a 7% hurdle in performance fees. The firm is pitching it to sophisticated ...

Trading platform partners with Sharesight

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... platform targets active share traders with two offerings: FocusLite, for lower-volume traders that pay minimum brokerage fees of $10 per trade or 0.04% and Focus, which is for active traders that pay a $45 monthly subscription, and a minimum $5 or 0.02% ...

AMP Capital drops fees on listed property fund

KANIKA SOOD  |  FRIDAY, 27 NOV 2020
... The fund, which invests in REITs and stocks of real estate related sectors, is dropping from 0.97% per year in management fees to 0.79% per year. The fund has been running since December 1997 and has returned 6.81% per year which is 0.27% higher than ...

T. Rowe Price launches entity, restructures

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
... to be deemed a change of control or management of T. Rowe Price Associates (TRPA), nor does the firm expect any changes to fees or services provided to the funds and client accounts," T. Rowe Price said. President and chief executive William J. Stromberg ...

Retail superannuation funds grilled on member priorities

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
... inaugural heatmap, 18 of Mercer's SmartPath lifecycle products were deemed expensive, slugging low-balance members with admin fees of up 2.3%. Mulino said: "The trouble I see is that [it's] all too easy then for a fund that's underperforming ...

SMSFs are cost-effective, deliver for members

KARREN VERGARA  |  MONDAY, 23 NOV 2020
... New research suggests that self-managed super funds are giving retail and industry funds a run for their money in terms of fees and returns. Joint research by the SMSF Association and Rice Warner found SMSFs with $200,000 or more are cost competitive ...

Which longevity product yields the highest income?

KANIKA SOOD  |  FRIDAY, 20 NOV 2020
... age 92, making CPI-indexed payments. Its net earnings were assumed to be a conservative 3.7% (assumed return of 6.2% minus fees of 2.5% per year). "This product is one of many longevity products that could provide retirement income and longevity protection. ...

Retirement income failing Aboriginal, Torres Strait Islander people

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... Aboriginal and Torres Strait Islander people are more likely to have multiple super accounts with balances being eroded by fees, there is a lack of data on this issue. It is not possible to quantify how much this really effects the population because ...

Macquarie to offer private market solutions

KARREN VERGARA  |  FRIDAY, 20 NOV 2020
... of reach for sophisticated investors due to a complex mix of legal and structural limitations, including large minimums, fees, retirement plan ineligibility, cumbersome tax reporting, cash drag, and gates, according to the firms. The partnership will ...