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Showing 1691 - 1700 of 4947 results for "fees"

Global manager reduces fees on flagship fund

ALLY SELBY  |  THURSDAY, 30 APR 2020
A global investment manager has cut fees on its $3.4 billion flagship global equity fund, ahead of the government's changes to end conflicted grandfathered remuneration. T. Rowe Price as slashed management fees on its Australian Unit Trust Global ...

Aussie equities winners, losers revealed

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
... industry-large-cap equity managers failing to consistently deliver returns above the index, but still charging high annual fees," the research house explained. "While 23 active fund managers in Morningstar's coverage universe outperformed the index ...

Platinum funds downgraded at Morningstar

KANIKA SOOD  |  WEDNESDAY, 29 APR 2020
... International Fund is still backed by an experienced investment team but has faced setbacks from process missteps, team evolution and fees, Morningstar said. "Impressive leadership ensures our support, but Platinum International's patchy track record ...

Australian fund regulation below average: Morningstar

ALLY SELBY  |  TUESDAY, 28 APR 2020
... tax-disadvantageous for lower earners." There have been some positive steps globally to reduce the levying of distribution fees through a fund's expense ration, Morningstar said, pointing to Australia as one such example. "Commissions have been banned ...

AustralianSuper pays out $320m

JAMIE WILLIAMSON  |  TUESDAY, 28 APR 2020
... could see a reduction in their retirement balance at age 67 of $64,000, based on long term annual returns of 6.5% net of fees and taxes. The $650 million requested by AustralianSuper members represents about 17% of the $3.8 billion in withdrawals Treasurer ...

IOOF, CountPlus, Iress want better path to fee consent

ELIZABETH MCARTHUR  |  FRIDAY, 24 APR 2020
... superannuation trustees to be satisfied that consent for ongoing service has been given to the adviser before deducting advice fees via a platform. There have been concerns in the financial advice industry that the legislation will create much more administrative ...

The blame game

ELIZA BAVIN  |  THURSDAY, 23 APR 2020
... industry should seek to achieve." Griffith said, on the whole, Australia's super industry is positive; returns have been strong, fees are "okay", and unlike other large developed markets, Australia has decent contribution rates and a fully funded system. ...

Boutique launches new Aussie equities fund

KANIKA SOOD  |  THURSDAY, 23 APR 2020
... are closed to new investors. We hope to be able to provide a new alternative." The fund is priced at 0.75% in management fees plus a 15% performance fee on above benchmark returns (waived for any periods or negative return). Minimum investment size is ...

HUB24 net inflows up 72%

ALLY SELBY  |  WEDNESDAY, 22 APR 2020
... movements affect our revenue and the market movement impact experienced to date is expected to negatively impact administration fees and therefore earnings for FY20," HUB24 said. Revenue will also be negatively impacted by the Reserve Bank of Australia's ...

Seek financial advice: Hume

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 APR 2020
... relief will allow advisers to give clients guidance on early release of super without doing a statement of advice but advice fees on the stimulus measures will be capped at $300. The early release of super for those who are suffering financially as a ...