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Showing 1471 - 1480 of 4944 results for "fees"

Stephen Jones admits to anti-life insurance bias

ELIZABETH MCARTHUR  |  THURSDAY, 15 OCT 2020
... said that if financial advisers could successfully communicate their value proposition as lawyers have done, people may pay fees in a similar manner. One question from the audience, however, pointed out that the average Australian can't afford legal ...

Active managers grapple with EM

KARREN VERGARA  |  WEDNESDAY, 14 OCT 2020
... $6.5 billion of assets over three years to August and found only a quarter (28%) outperformed their benchmarks on an after-fees basis. The average active fees charged were 1.1% per annum. Even if active management fees were not charged, investors were ...

Vanguard launches new ESG offerings

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 OCT 2020
... custom-built FTSE Australia 300 Choice Index and seeks to track the return of this index before taking into account management fees, expenses and tax. The new products bring the total number of fund offerings for Vanguard Australia to 83, including 30 ...

APRA highlights heatmaps success

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 OCT 2020
... outcomes by publicly identifying superannuation products that are underperforming in the areas of investment returns and fees," APRA said. "The first MySuper heatmap was published in December 2019, with an updated version published in June 2020 to reflect ...

Proposed changes ahead for APRA's heatmaps

ANNABELLE DICKSON  |  TUESDAY, 13 OCT 2020
... savings," she said. The package includes an interactive comparison tool which allows members to see MySuper products ranked by fees and investment returns. The tool will be based on information by APRA-regulated funds and persistently underperforming ...

Sydney boutique sharpens focus on HNWs

KANIKA SOOD  |  FRIDAY, 9 OCT 2020
... balance sheet, not through the funds) and typical fee structures include an establishment fee (about 2%), funds management fees (about 0.5%) and performance fees on returns above a performance hurdle. "It is an area we are looking to grow. Certainly ...

MySuper reforms could have downsides

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
... investment managers, they do not appear to generate commensurate benefits for plan sponsors via higher gross returns or lower fees," the research found. Hiring on the basis of performance is problematic too though. The research found past performance ...

BT cuts fees, premiums for super members

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
From October 1, most BT Super members will pay less in admin fees and insurance premiums - except those with a balance less than $17,000 who will see a rise in admin fees. "At BT, we've been working to simplify and enhance the products we offer to ensure ...

Ausbil drops fees on global equities fund

KANIKA SOOD  |  THURSDAY, 8 OCT 2020
Ausbil Investment Management has dropped the fees on a global equities fund with a sustainability focus by about 30bps. The Candriam Sustainable Global Equity Fund went from charging 1.05% per year in management costs to about 0.75% per year, effective ...

Crypto exchange owners charged

KARREN VERGARA  |  THURSDAY, 8 OCT 2020
... all funds are safe." In January 2020, BitMEX's daily trading volume exceeded US$3 billion. The CFTC estimates BitMEX earned fees of over US$1 billion since it began operating. The CFTC's division of enforcement director James McDonald said: "Effective ...