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Showing 1641 - 1650 of 9373 results for "Fee"

Federal Court finds against finfluencer

JAMIE WILLIAMSON  |  MONDAY, 9 JAN 2023
... pay between $500 and $1500 for share trading training packages which ranged from introductory in nature to advanced. For a fee, individuals could also receive one-off share trading suggestions or tips. Some subscribers also received access to a private ...

Westpac settles BT Super class action

CASSANDRA BALDINI  |  MONDAY, 19 DEC 2022
Westpac has reached a $29.95 million settlement in a class action relating to the bank's subsidiaries, BT Funds Management Limited and Westpac Life Insurance Services Limited. Tens of thousands of Australians may receive compensation following the ...

Super heatmap findings garner mixed responses

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
... performance of MySuper products during a challenging period is pleasing and reflects funds' focus on member outcomes, fee reduction, risk management, and investment returns. Though Fahy took issue with the APRA's comments regarding sustainability. ...

What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... about 850,000 members. These members are expected to see a 25% reduction in fees, including no dollar-based administration fee and reduced percentage-based administration and investment fees. Mercer's existing members will also see their fees drop ...

Mine Super and TWUSUPER explore merger

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
Mine Super and TWUSUPER have signed a preliminary non-binding Memorandum of Understanding (MoU) to merge. If undertaken, a merged entity would create a combined fund managing nearly $20 billion for over 150,000 members. Mine Super chair Christina Langby ...

MySuper heatmap reveals sub-par products

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
The annual MySuper heatmap shows there are six products that had significantly poor performance in relation to the benchmark. EISS Super's MySuper option, Colonial First State FirstChoice Employer Super, BT Super MySuper, Westpac Group Plan MySuper ...

Adviser imprisoned for super fraud

CHLOE WALKER  |  THURSDAY, 15 DEC 2022
Former Perth financial adviser Rahul Goel has been sentenced to three years in prison for stealing over $35,000 from his clients' superannuation accounts. An ASIC investigation into Goel's misconduct found that between November 2018 and July 2019, the ...

Pathzero completes Series A fundraising round

ELIZABETH FRY  |  WEDNESDAY, 14 DEC 2022
Carbon emissions reporting platform Pathzero has raised more than $15 million in Series A funding, including allocations from Carthona Capital and Clyde Bank Holdings. Pathzero has developed Pathzero Navigator, a carbon reporting and analysis tool for ...

Global X launches global carbon ETF

CHLOE WALKER  |  WEDNESDAY, 14 DEC 2022
The Global X global carbon ETF (GCO2) tracks the ICE Global Carbon Futures Index to provide access to the world's largest carbon markets. This includes the European Union Emissions Trading Scheme, Regional Greenhouse Gas Initiative, Western Climate ...

FPA, AFA merger talks continue

CASSANDRA BALDINI  |  WEDNESDAY, 14 DEC 2022
The proposed merger between the Financial Planning Association of Australia (FPA) and the Association of Financial Advisers (AFA) has entered into the second round of member consultation. Recently, members have been invited to complete a survey to help ...