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Showing 1611 - 1620 of 4947 results for "fees"

Cbus, Media Super start due diligence

KANIKA SOOD  |  THURSDAY, 9 JUL 2020
... greater range of investment opportunities and provide a better deal through cost savings, potentially reducing the investment fees," Noonan said. "Cbus has a strong offering with 30% of its investments internalised and ownership of its market-leading ...

State Street cuts fees on flagship equities funds

KANIKA SOOD  |  THURSDAY, 9 JUL 2020
State Street is dropping the fees on its flagship actively-managed equities funds by 9 to 13 bps for Australian investors effective July 1. The State Street Australian Equity Fundwill go from charging 79bps per year in management costs to 70bps. It ...

Best performing managed funds revealed

ELIZA BAVIN  |  THURSDAY, 9 JUL 2020
... Australian Growth Companies Fund (11%). The report found the majority of products fail to outperform the benchmark on an after fees basis and noted that choosing an active manager is not a "straightforward" task. "Over the years there have been many ...

BT un-aligns group insurance, awards mandate

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JUL 2020
... of our members," BT said in a note to superannuation members. The new financial year also saw BT update super members on fees and costs. The Regulatory Change Expense Recovery fee reduced for BT Lifestage members from 0.05% to 0.01% and for all other ...

Mirae drops fees on Asian equities funds

KANIKA SOOD  |  FRIDAY, 3 JUL 2020
Mirae Asset Global Investments has sliced the fees on two Asian equities funds by 20bps each. Mirae Asset Asia Great Consumer Equity Fund and Mirae Asset Asia Sector Leader Equity Fund will go from charging 75bps each in management fee from 95bps, while ...

Colonial First State cops licence conditions

JAMIE WILLIAMSON  |  THURSDAY, 2 JUL 2020
... the back of the Royal Commission, with Avanteos having additional licence conditions imposed after it continued to charge fees to thousands of members after they'd died. Similarly, APRA has also slapped Suncorp Portfolio Services Limited (SPSL) with ...

CountPlus firm buys back equity

KANIKA SOOD  |  THURSDAY, 2 JUL 2020
... has bought back 38% of its equity from the ASX-listed advice group for $1.10 million and separately, has acquired share of fees. Twomeys, which services clients in regional New South Wales towns, paid $1.1 million cash to CountPlus to buy back 38% of ...

Industry fund eyes KiwiSaver accounts

KANIKA SOOD  |  THURSDAY, 2 JUL 2020
... compared to 15% for Australia superannuation accounts. Memebers who come into the fund via NZRelo will be charged the same fees as members coming through other channels such as employer relationships, Watson said. "Fees are an absolute priority for us. ...

Schroders readies private assets offering

KANIKA SOOD  |  THURSDAY, 2 JUL 2020
... when COVID hit. [It is currently] 60% in cash which means it's in a good position to be buying assets," she said. The fees are set at 1.8% per year in total costs. There are no performance fees. "One thing we did when we started to think about this ...

Super for women under scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... coaching services. This seems like vertically integrated financial planning services pre-Royal Commission with no commissions or fees to be disclosed to the consumer," she said. "At least if a consumer went to a bank or AMP-aligned financial planner ...