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Showing 1711 - 1720 of 4947 results for "fees"

MLC waives licensee fees, delays dealer group transitions

JAMIE WILLIAMSON  |  WEDNESDAY, 1 APR 2020
MLC Wealth is waiving licensee fees for all of its aligned financial advisers as they struggle to operate their businesses and provide support to clients during unprecedented uncertainty. It has also delayed the transition of advisers from Apogee and ...

VanEck rejigs China A-shares ETF

KANIKA SOOD  |  WEDNESDAY, 1 APR 2020
... retain its ticker but the name will change to VanEck Vectors FTSE China A50 ETF. In January last year, VanEck dropped the fees for CETF from 72bps to 60bps. Later in the year, it changed the domicile of the product from US to Australia, ridding the need ...

BGH Capital, Canadian pension fund shelve NZ acquisition

KANIKA SOOD  |  WEDNESDAY, 1 APR 2020
... may operate to offer emergency services. The two parties terminated their scheme implementation agreement, with no breaking fees. Abano's board now intends to engage with BGH and the Canadian pension fund to see if they can agree on an alternative ...

Statewide revises down investment objectives, ups fees

ELIZABETH MCARTHUR  |  TUESDAY, 31 MAR 2020
The $10 billion industry superannuation fund has issued a notice to members detailing changes to investment fees, admin fees, insurance premiums and investment objectives. Statewide Super has revised its long term investment objectives for high growth ...

The week that was

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
... 1% p.a. wage inflation and is paid contributions at current SG level of 9.5%. Their superannuation fund returns 5% before fees. The member would end up with $423,309 in superannuation savings by the time they are 65-years-old. However, if they were to ...

Cash management account to shutter

KANIKA SOOD  |  FRIDAY, 27 MAR 2020
... being in operation for about 14 years. It had about $170 million at June 2018 end. It charged 60bps in annual management fees, which was paid to CFS as the responsible entity. A report from Macquarie (which also offers a cash management product) published ...

Super funds raise scam concerns

HARRISON WORLEY  |  THURSDAY, 26 MAR 2020
... managing the new early-release process through its MyGov website. There is no need to involve a third party and there are no fees involved. "Nor is there a need to panic and rush through an application. Anyone who is considering applying for early release ...

COVID-19 to hasten merger talks

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
... pandemic will impact Australia's super funds, the research firm said funds would be forced to cut costs as the asset-based fees or indirect costs charged to their investment portfolio fall. Making things even more difficult, members are now scrambling ...

Why remediation jobs aren't short-term

ELIZABETH MCARTHUR  |  TUESDAY, 24 MAR 2020
... over $1 billion. In May last year Westpac said it was likely to have to repay more than 30% of the ongoing advice service fees charged by authorised representatives of Magnitude and Securitor. In its 2019 results, AMP estimated its remediation costs ...

Early release to bite retirement hard

KANIKA SOOD  |  TUESDAY, 24 MAR 2020
... 1% p.a. wage inflation and is paid contributions at current SG level of 9.5%. Their superannuation fund returns 5% before fees. The member would end up with $423,309 in superannuation savings by the time they are 65 years old. However, if they were to ...