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Showing 1621 - 1630 of 4947 results for "fees"

AMP should stop whining: Slater and Gordon

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... whatever they want without fear of getting sued." AMP is currently facing a class action from Slater and Gordon, over excessive fees allegedly charged to AMP Super members, and one from Maurice Blackburn over, also over super fees. Shine Lawyers is investigating ...

AFCA sees 14% rise in complaints

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
... complaints were made with 1260 made against funds for delays in claim handling, followed by 753 for being charged incorrect fees/costs and 648 for poor service quality. Most COVID-19-related complaints were about general insurance claims, at 1813, with ...

Equipsuper, corporate fund merge

JAMIE WILLIAMSON  |  WEDNESDAY, 1 JUL 2020
... from improved investment opportunities and continuation of favourable insurance arrangements. Members will also see reduced fees. According to Rainmaker analysis, PRP members have been paying total fees of 1.93%. With Equip, they will pay about 0.96%. ...

Artisan teams up with Melbourne multi-boutique

KANIKA SOOD  |  WEDNESDAY, 1 JUL 2020
... underlying fund has $1.4 billion in assets and has returned 22.9% per year since inception in September, 2017 (in AUD and after fees) compared to the 7.2% per year return of benchmark MSCI All Country World SMID Cap Net Index in AUD. In USD terms, it ...

AMP approved product list under fire

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 JUL 2020
... interests of clients to have an extensive product range or a more limited product range," De Ferrari said. However, whether fees are charged to product providers to be on AMP's MyNorth platform is a separate issue to the approved product lists. There ...

Super funds merge, board revealed

ELIZA BAVIN  |  WEDNESDAY, 1 JUL 2020
... community workers. In announcing the completion of the merger, VicSuper's former chief executive Michael Dundon revealed fees have seen a significant reduction. "Our merger with First State Super is already delivering great outcomes for VicSuper ...

APRA heatmap sees members save on fees

JAMIE WILLIAMSON  |  TUESDAY, 30 JUN 2020
APRA analysis shows a significant proportion of MySuper members have been spared more than $100 million in fees in the last six months thanks to the introduction of its heatmap. Updating its MySuper heatmap to reflect changes in the fees charged, APRA ...

Super fund members compensated

JAMIE WILLIAMSON  |  FRIDAY, 26 JUN 2020
... compensation amount was calculated on the basis that had you moved into Aon MySuper on 1 April 2017, you would have paid different fees from this date and the investments in your superannuation may have performed differently - either better or worse. ...

Franklin Templeton cuts fees

KANIKA SOOD  |  WEDNESDAY, 24 JUN 2020
Franklin Templeton will drop the fees on eight funds from 2bps to 23bps per year, effective July 1. The steepest fee cut is on the $443 million Franklin Global Growth Fund which will go from charging 1.13% per year in management costs to 0.90%. Two ...

New fund launches on ASX

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
... performance fee calculation period. The fund is seeking to deliver a target distribution of at least 5% per annum, net of fees and costs, paid semi-annually. It said where there is insufficient income the Responsible Entity, Perpetual Trust Services ...