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Showing 131 - 140 of 212 results for "Investment fees"

Industry fund implements fee changes

JAMIE WILLIAMSON  |  WEDNESDAY, 9 OCT 2019
... retirement accounts. The change also applies to additional accumulation accounts of defined benefit members. Meanwhile, investment fees on some account-based pension options have also changed. Members that will see savings are those in the balanced growth ...

Kogan Super launches

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2019
... enhanced indexed growth option with a balance of $50,000 for example, will be charged $332 per annum, split into investment fees (0.24%), administration fees (0.33%) and indirect costs (0.10%). Kogan founder and chief executive Ruslan Kogan said Australians ...

Industry fund overhauls fee structure

KARREN VERGARA  |  THURSDAY, 15 AUG 2019
... investment (0.28%), admin (0.39%) and ICR (0.34%). The EISS Super MySuper Conservative Balanced fund charges 0.24% for investment fees, 0.39% in admin fees and 0.21% in indirect costs. Previously, it charged 0.84% of indirect costs, which is equal to ...

Industry super fund adds director

HARRISON WORLEY  |  WEDNESDAY, 7 AUG 2019
... experience will make him a great asset to AvSuper," Firkins said. Recently the fund announced it would lower its investment fees for all investment choice members, with savings of $103 per year for members with an average balance invested in the fund's ...

AFA, FPA slam haste in ending grandfathered commissions

KRISTI CHENG  |  FRIDAY, 2 AUG 2019
... cost of the commission is embedded in the fees, meaning the consumer doesn't stop paying them through their investment fees just because a financial adviser stops receiving commissions. He also criticised the bill for making no provision to prevent ...

Industry super fund discounts investment fees

KARREN VERGARA  |  TUESDAY, 30 JUL 2019
A $2.6 billion superannuation fund will lower its investment fees for some options as of August 1. Profit-for-member fund AvSuper is reducing fees for all investment choice members. AvSuper chief executive Michelle Wade said while the reductions vary ...

Corporate fund updates members on fee changes

KARREN VERGARA  |  FRIDAY, 19 JUL 2019
... options, and Retirement Access products, which provides income stream payments. On a per annum basis, estimated investment fees for the following investment options have decreased: Australian shares from 0.47% to 0.41%; fixed interest from 0.28% to 0.27% ...

Super fund launches new options

KARREN VERGARA  |  MONDAY, 15 JUL 2019
... offered members eight investment options in total. Christian Super also reduced its MySuper My Ethical Super option investment fees from 1.04% to 0.45% and increased its indirect cost ratio from zero to 0.55%. As of July 1, a member with a $50,000 balance ...

Super fund increases fees

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2019
A $12 billion superannuation fund has made a series of changes to its administration and investment fees. As of July 1, LGIAsuper has introduced a flat administration fee of $1.50 per week across all of its investment options, including diversified ...

QSuper lowers balanced fund fees

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
Members invested in QSuper's default balanced option will benefit from lower investment fees. In addition to the group insurance policy changes the $72 billion super fund introduced on July 1, investment fee changes have been rolled out. Investment ...