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Showing 1521 - 1530 of 9372 results for "Fee"

Vanguard cuts fee on bond ETF

KARREN VERGARA  |  TUESDAY, 11 APR 2023
A Vanguard fixed interest exchange-traded fund has reduced its management fees following a pricing review. The Vanguard Australian Fixed Interest Index ETF (VAF) reduced management costs from 0.15% per annum to 0.10% p.a. from April 6. Commenting on ...

Drawdown reforms boosts post-retirement phase

KARREN VERGARA  |  TUESDAY, 11 APR 2023
Overhauling superannuation drawdown rules can significantly ease the cost-of-living pressures for retirees and improve retirement income by up to 20%. This is one of three recommendations presented by the Financial Services Council and NMG Consulting ...

Investor education combats emotions: Experts

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
Superannuation funds must prioritise members financial interests, guiding emotionally driven investors towards apt solutions for investment success. Brighter Super head of advice Steven O'Donoghue says that members can be driven by emotions in their ...

Pacific Current Group buys stake in PE firm

CHLOE WALKER  |  TUESDAY, 11 APR 2023
Pacific Current Group (PAC) has acquired a minority investment in San Francisco-based private equity firm Cordillera Investment Partners (Cordillera). The $44.9 million deal will see PAC take on 16.4% of Cordillera's revenues, both management fees and ...

YFYS recommendations not enough: AIST

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
... particularly relevant if they have received advice from unscrupulous providers to switch from a MySuper product to a high fee, underperforming Choice product." She added that more needs to be done to ensure members can't be stapled to untested or underperforming ...

SG Hiscock commences abrdn fund changes

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
Changes to several abrdn funds are due to be rolled out this month, following the handover of its Australian equities business to SG Hiscock. The fund manager has notified investors that changes will be made to the abrdn Ex-20 Australian Equities Fund ...

Consumer interests prioritised in YFYS review

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
... being bypassed through employee onboarding processes, resulting in people being pulled out of quality funds and placed in high-fee, poor-performing options, often leading to the creation of costly duplicate accounts. However, he welcomed the ATO's ...

Spark Financial Group launches digital investing solution

CASSANDRA BALDINI  |  WEDNESDAY, 5 APR 2023
The platform offers five diversified portfolios and is managed by Spark's chief investment officer Andrew Coloretti and the wider investment team. Spark Invest has a minimum investment of $5000 per portfolio, with a suite of solutions that ranges from ...

Hostplus cuts Choiceplus fees

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2023
... deposits. Platform administration fees have been cut from $180 per annum to $168. In terms of brokerage fees, the minimum fee has dropped to $13 from $19.95, while the maximum brokerage fee of 0.11% of trade value has been reduced to 0.10%. Finally ...

Global X debuts US corporate bond ETF

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
... bond in a cost-effective, highly liquid and currency hedged vehicle. The new fund by Global X has a 30-basis point management fee and follows the Bloomberg USD Liquid Investment Grade Corporate Hedged to AUD Index. The ETF provides investors with access ...