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Showing 141 - 150 of 207 results for "Investment fees"

IOOF braces for new super package, grandfathered commissions changes

KARREN VERGARA  |  TUESDAY, 19 FEB 2019
... to the ATO. Part of the Protecting Your Super Bill includes banning exit fees, and capping administration and investment fees to 3% of account balances with less than $6000. In terms of grandfathered commissions due to be banned from 1 January 2021 ...

Rest launches low-cost indexed options

KARREN VERGARA  |  FRIDAY, 25 JAN 2019
Industry superannuation fund Rest has launched new indexed options that do not charge investment fees. Introduced to Rest members in December 2018, the three new indexed investment choices offer Australian shares, overseas shares or a balanced option ...

Simpler fee disclosure on ASIC agenda

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
... proposes super funds to: modify fees and costs templates and present administration fees as one line item; present investment fees and costs as one line item by merging investment fees and indirect costs; remove advice fees or intra-fund advice costs ...

Former Liberal Party leader joins Islamic super fund

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
... too fast and then struggle to manage it." Finally, the added scale enabled Crescent Wealth to negotiate lower investment fees for members. In late-November the fund announced investment fees for its balanced option would be reduced from 1.25% per annum ...

Superannuation fund introduces fee changes

KARREN VERGARA  |  THURSDAY, 13 DEC 2018
... compassionate grounds release fee has been removed. The Perth-based super fund has also introduced several changes to its investment fees and indirect costs. Total costs for the following investment options have changed: Australian shares decreased from ...

Productivity Commission pushes for superannuation scale benefits

KARREN VERGARA  |  MONDAY, 26 NOV 2018
... said. Modelling over the period shows the majority of funds realised economies of scale in administration and investment fees. On average, administration expenses are typically lower in larger funds, while corporate funds are realising economies most ...

AustralianSuper to cut equities

KANIKA SOOD  |  THURSDAY, 1 NOV 2018
... management," Delaney said. Delaney said the internal investments saved the fund's members $100 million in investment fees. Earlier this month, Financial Standard reported the $8.5 billion Australian Catholic Superannuation Fund had progressively ...

SMSFs most affordable: Research

KARREN VERGARA  |  THURSDAY, 18 OCT 2018
... fee options offered through 550 super products, found the average cost of running an SMSF is around $2500 before investment fees. Meanwhile, other funds charge members 1.23% on average - up from 1.17% in 2017. This calculates to about $32 billion per ...

The joys of an independent board

KANIKA SOOD  |  WEDNESDAY, 3 OCT 2018
... deal for shareholders. The first point of consensus was on fees. Over a third of investment companies have cut investment fees in the last five years, as boards actively negotiate lower fee for investors, according to AIC communications director Annabel-Brodie ...

Suncorp charged super members incorrect fees

KANIKA SOOD  |  FRIDAY, 14 SEP 2018
... PDS for its Suncorp Brighter Super and Suncorp Employee super plans. Some of the options in these funds listed investment fees net of tax (the amount actually charged) instead of on a gross basis. The Suncorp Brighter Super PDS also listed the administration ...