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Showing 131 - 140 of 214 results for "Investment fee"

Former Liberal Party leader joins Islamic super fund

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
A former Liberal Party leader has joined the board of a $250 million Islamic superannuation fund. John Hewson will join the board of Crescent Wealth as it prepares for significant growth in 2019. Hewson led the Liberal Party from 1990 to 1994. Hewson ...

Superannuation fund introduces fee changes

KARREN VERGARA  |  THURSDAY, 13 DEC 2018
A $3.6 billion public offer fund has made a number of fee changes to its superannuation and retirement products. WA Super has ceased charging an $80 exit fee and $80 withdrawal fee for its Retirement Solutions product from 5 November 2018. Members can ...

New super fund to secure female financial security

JAMIE WILLIAMSON  |  MONDAY, 3 DEC 2018
... erosion. That fee is $93.60 per annum plus 0.79% and is not charged to accounts of less than $1000. The additional investment fee is set at 0.3% and indirect costs are charged at 0.1% per year. For a balance of $50,000, a member - not on parental leave ...

SMSF investment platform begins, announces senior hire

DARREN SNYDER  |  WEDNESDAY, 28 NOV 2018
... keep the investor informed on the rationale behind investment decisions. " Each investment manager sets their own investment fee; OpenInvest then adds its administration fee to arrive at a total management fee. The platform was recently launched on the ...

Productivity Commission pushes for superannuation scale benefits

KARREN VERGARA  |  MONDAY, 26 NOV 2018
The Productivity Commission has made another "compelling" argument for economies of scale in superannuation, estimating it to save the industry $340 million each year. The benefits however, aren't flowing to members. In its final supplementary paper ...

AustralianSuper to cut equities

KANIKA SOOD  |  THURSDAY, 1 NOV 2018
The $142 billion superannuation fund is trimming stocks in its default option, as it moves from a growth outlook to a more neutral one. Speaking at a members' forum in Sydney last night, AustralianSuper chief investment officer Mark Delaney said ...

SMSFs most affordable: Research

KARREN VERGARA  |  THURSDAY, 18 OCT 2018
Self-managed super funds continue to have the lowest fees across all superannuation vehicles, charging an average total expense ratio of 0.82%, latest Rainmaker Research shows. The 2018 Rainmaker Fee Study, which analysed more than 2500 fee options ...

The joys of an independent board

KANIKA SOOD  |  WEDNESDAY, 3 OCT 2018
What value does an independent board of directors add to an investment company? That's a question that directors of top UK investment companies met to answer yesterday. At a conference organised by 86-year old Association of Investment Companies (AIC) ...

Suncorp charged super members incorrect fees

KANIKA SOOD  |  FRIDAY, 14 SEP 2018
... Suncorp Employee Super and Brighter Super funds and is working on remediating clients. Suncorp charged an incorrect investment fee to its members who joined under the 30 September 2017 PDS for its Suncorp Brighter Super and Suncorp Employee super plans. ...

IFM Investors return fees to investors

KANIKA SOOD  |  TUESDAY, 4 SEP 2018
The $111 billion institutional fund manager is kicking back a portion of investment fees to its clients, as majority of its mandates outperform. IFM Investors' institutional clients in 19 countries are getting a fee rebate equivalent to 7.5% of ...