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Showing 131 - 140 of 261 results for "Investment fee"

Super fees hit record lows: Research

JAMIE WILLIAMSON  |  THURSDAY, 13 AUG 2020
... management. That said, NFP funds have an average 0.32% administration fee while the retail segment has a 0.09% investment fee advantage. Rainmaker also said retail fund fees are on their way down and have been since 2015, largely as a result of the FoFA ...

HESTA consolidates investment options

JAMIE WILLIAMSON  |  WEDNESDAY, 12 AUG 2020
... will be set at 0.93% with an indirect cost ratio 0.17%. This is a reduction to the Property option's current 1.07% investment fee and 0.17% ICR. Meanwhile, the strategic asset allocation will change to 10% cash, 45% property and 45% infrastructure. Those ...

New platform launches for super funds

ELIZA BAVIN  |  MONDAY, 10 AUG 2020
A new platform has been launched for super funds aiming to help navigate the mounting pressure to improve returns and lower investment fees, costs and taxes. Parametric announced the new platform, saying with super funds facing increased pressures it ...

Media Super names chief operating officer

ANNABELLE DICKSON  |  FRIDAY, 24 JUL 2020
The $6 billion fund has appointed Elise van der Heyde, as chief operating officer ahead of the proposed merger with the Cbus. Van der Heyde joins from Link Group where she was head of product and strategy. She also previously served as a senior change ...

Industry fund lowers fees

KANIKA SOOD  |  FRIDAY, 17 JUL 2020
... contributes to stronger retirement outcomes," Mine Super chief investment Seamus Collins said. Account-based pension investment fee for bond options increased from 0.18% to 0.19% while term deposits and property option fees were held steady at 0% and ...

Cbus, Media Super start due diligence

KANIKA SOOD  |  THURSDAY, 9 JUL 2020
The $54 billion Cbus Super and $6 billion Media Super have signed a memorandum of understanding and will commence due diligence. The two industry funds are aiming for the joint agreement to be in operation in 2021, conditional on due diligence to establish ...

Super for women under scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... year plus 0.79% per annum. The $93.60 fee is waived for balances below $5000. It also charges a 0.30% per annum investment fee. Verve invests through Future Super Investment Services, both Verve and Future Super are sub-plans of Diversa. They share an ...

Industry fund in successor fund transfer

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JUN 2020
The industry super fund that is home to several superannuation startups has notified members it will be transferring all accounts to another master trust. LESF Super will be merged into Smartsave 'Member's Choice' Superannuation, with the ...

VicSuper disputes fee hike claim

HARRISON WORLEY  |  WEDNESDAY, 10 JUN 2020
The $23 billion industry superannuation fund has responded to a claim its members will face increased financial advice fees upon its mega-fund merger with First State Super. Following reports in the Australian Financial Review that internal documents ...

AMP, Pendal launch new managed portfolio

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAY 2020
... equivalent managed portfolios offered through MyNorth. For example, the Lonsec Balanced Portfolio charges a 0.25% investment fee plus weighted total indirect costs of 0.76%. "MyNorth's rapid growth over the previous year and a half reflects the investments ...