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Showing 1571 - 1580 of 4947 results for "fees"

New platform launches for super funds

ELIZA BAVIN  |  MONDAY, 10 AUG 2020
... 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 aims ...

Perpetual launches two ESG funds

KANIKA SOOD  |  FRIDAY, 7 AUG 2020
... Trillium ESG Global Equity Fund hold 70-150 stocks, excluding fossil fuels and integrating ESG research. Perpetual has set the fees at 89bps per year (plus 15bps buy/sell spread). The equivalent US retail fund has been running since 1999 and has US$579 ...

IOOF divests Australian Ethical

ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
... Australian Ethical divested AMP over revelations about AMP's advice business that emerged during the Royal Commission. It cited fees for no service, failure to reprimand dishonest advisers and remediate clients and keeping clients in expensive products ...

UK competition watchdog blocks merger

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
... investment platforms, and therefore indirectly millions of UK consumers who hold pensions or other investments, facing higher fees and lower quality services. We're now inviting comments on our provisional findings and possible remedies," he said. A ...

Vanguard funds downgraded by Morningstar

KANIKA SOOD  |  WEDNESDAY, 5 AUG 2020
... conviction on the fund's potential to outperform its peers. As a part of it, the ratings house put greater emphasis on fees (for example, it started to rate different share classes of the same fund separately). It also added greater calibration in ...

ASIC slammed over SMSF data

ANNABELLE DICKSON  |  WEDNESDAY, 5 AUG 2020
... "ASIC didn't put in the effort to enquire as to why half of the max contribution to their super fund would be eaten up in fees and costs," Wilson said. ASIC chair James Shipton said he has been working with his colleagues in the last 24 hours to ...

Pinnacle reports FY20 inflows, profits

KANIKA SOOD  |  TUESDAY, 4 AUG 2020
... putting people on ground outside of Australia, as first reported by Financial Standard. Five affiliated earned performance fees during the period, contributing $6.6 million to Pinnacle's revenue. Almost all of it was in the second half. Pinnacle ...

Lazard dumps AMP shares

ELIZABETH MCARTHUR  |  TUESDAY, 4 AUG 2020
... to slash Buyer of Last Resort Valuations. AMP was already facing class actions in relation to superannuation and alleged fees for no service from Maurice Blackburn and Slater and Gordon. Also in the last month, Standard & Poor's downgraded AMP Limited's ...

Perpetual opens retail raise

ANNABELLE DICKSON  |  TUESDAY, 4 AUG 2020
... Mewhinney & Strauss (Barrow Hanley). Eligible shareholders are able to purchase up to $30,000 of new shares without brokerage fees and transaction charges. Upon completion the deal will see Perpetual take a 75% stake in the $64 billion Barrow Hanley. ...

Magellan to restructure retail global equities funds

KANIKA SOOD  |  MONDAY, 3 AUG 2020
... investment trust MGG). The meetings are expected to be convened between October and December this year. Post the restructure, the fees will be identical across all three structures. Magellan's proposed restructure includes three sweeteners, which ...