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Showing 1501 - 1510 of 4947 results for "fees"

ETFs undermine product comparison: Research

KARREN VERGARA  |  TUESDAY, 29 SEP 2020
... standardisation in calculating NAV per share (which is often undisclosed); and hidden costs like advisory and index-licensing fees. ETFGI estimates there is US$6.1 trillion of assets sitting in ETFs/ETPs globally. Australia has about $65.5 billion of ...

Watermark LIC seeks restructure

KANIKA SOOD  |  MONDAY, 28 SEP 2020
... will allow the LIC's unitholders to redeem monthly at NAV. ALF is also offering two sweetners: there will be no management fees on the new, unlisted managed fund for the first year, and redemption fees will be rebated for the first year (lower of 2% ...

Group risk inflows fall 15%

ALLY SELBY  |  MONDAY, 28 SEP 2020
... 'Protecting Your Super' legislation, which came into effect on 1 July 2019 (to protect super savings from unnecessary erosion by fees and insurance costs) and the 'Putting Member's Interests First' legislation, which came into effect on April 1 earlier ...

Cbus appoints new investment leadership role

ELIZABETH MCARTHUR  |  MONDAY, 28 SEP 2020
... investment capability since 2016 when its board approved a new investment strategy, seeking to minimise outflows through fees and to target investments with a positive impact on the economy - particularly buildings and infrastructure. The shift in investment ...

Corporate fund overhauls admin fees, premiums

ELIZABETH MCARTHUR  |  MONDAY, 28 SEP 2020
... billion corporate superannuation fund has reduced death, total and permanent disability (TPD) premiums and administration fees - but income protection premiums will rise. Mercy Super reduced admin fees for super accounts from $1.10 a week plus 0.30% ...

Six Park, Rollit Wealth announce partnership

ALLY SELBY  |  MONDAY, 28 SEP 2020
... Australians want and desperately need financial guidance, but many of those people don't have the budget for elaborate advice or fees." Scaled digital advice is an effective solution for this demographic, Aranwela said. "We've seen it happen in the US ...

Morningstar ratings tally for global equities

KANIKA SOOD  |  FRIDAY, 25 SEP 2020
... and Dimensional Global Value Trust. Both Dimensional funds moved up as Morningstar's new methodology put a greater focus on fees. Six funds moved from silver to gold: Platinum Asia, Robeco Emerging Conservative Equity AUD, Stewart Investors W Worldwide ...

MLC cuts fees, commissions

ELIZABETH MCARTHUR  |  FRIDAY, 25 SEP 2020
MLC has cut fees and commissions on its platform for MLC MasterKey Investment Service and MLC MasterKey Unit Trust. For MLC MasterKey Investment Service the administration fee on the cash fund will reduce from 0.81% to 0.55%. The admin fee for the MLC ...

AMP Capital Ethical Leaders loses another mandate

ELIZABETH MCARTHUR  |  THURSDAY, 24 SEP 2020
... ESSSuper's growth option and 30% allocation to its shares only option. As a result, from 16 September 2020 investment fees for members in the ESSSuper Ethically Minded Option have been temporarily decreased from 0.73% per annum to 0.47% per annum ...

Super funds squander member money: Bragg

KARREN VERGARA  |  THURSDAY, 24 SEP 2020
... objective of what superannuation wants to achieve; improving transparency of how members' money is spent; and lowering fees. He slammed super funds for not disclosing related-party payments made to trade unions for example, which are set to profit ...