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Showing 161 - 170 of 264 results for "Investment fee"

Industry fund overhauls fee structure

KARREN VERGARA  |  THURSDAY, 15 AUG 2019
A $5.6 billion superannuation fund has made a number of changes to its fee structures. EISS Super introduced a new fee structure on August 12, advising members that it regularly reviews fees and costs. On August 1 however, it did not charge investment ...

Industry super fund adds director

HARRISON WORLEY  |  WEDNESDAY, 7 AUG 2019
A $2.6 billion industry superannuation fund appointed a former corporate super investment officer to its board. Following the departure of long-serving director Andrew Cooke, AvSuper has welcomed former Actuaries Institute president Geoff Burgess as ...

AFA, FPA slam haste in ending grandfathered commissions

KRISTI CHENG  |  FRIDAY, 2 AUG 2019
The Financial Planning Association of Australia (FPA) and the Association of Financial Advisers (AFA) have both criticised the time frame given to phase out grandfathered commissions. Treasurer Josh Frydenberg announced earlier this week legislation ...

Industry super fund discounts investment fees

KARREN VERGARA  |  TUESDAY, 30 JUL 2019
A $2.6 billion superannuation fund will lower its investment fees for some options as of August 1. Profit-for-member fund AvSuper is reducing fees for all investment choice members. AvSuper chief executive Michelle Wade said while the reductions vary ...

Corporate fund updates members on fee changes

KARREN VERGARA  |  FRIDAY, 19 JUL 2019
A $12 billion corporate super fund has achieved lower investment and transaction fees for its members for the 2019 financial year. Commonwealth Bank Group Super's investment-related fee and cost estimates, which generally change each year, were ...

Russell launches next gen managed accounts

ELIZABETH MCARTHUR  |  THURSDAY, 18 JUL 2019
... the capabilities to respond rapidly to new information and act on it in a timely fashion," said Hampshire. The investment fee starts from 0.65% per annum. Hampshire explained that managed accounts allow advisers to focus on providing value to clients ...

Super fund launches new options

KARREN VERGARA  |  MONDAY, 15 JUL 2019
... assets and 16% to defensive assets, aims to achieve a 3.5% average annual return above inflation. It charges an investment fee of 0.49% per annum and indirect cost ratio of 0.53%. This option would be suitable for 45-65 year olds whose debts and expenses ...

Super fund increases fees

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2019
A $12 billion superannuation fund has made a series of changes to its administration and investment fees. As of July 1, LGIAsuper has introduced a flat administration fee of $1.50 per week across all of its investment options, including diversified ...

QSuper lowers balanced fund fees

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
... investment fees. In addition to the group insurance policy changes the $72 billion super fund introduced on July 1, investment fee changes have been rolled out. Investment fees for QSuper's default balanced option have reduced from 0.66% per annum to ...

Sunsuper slashes fees

KARREN VERGARA  |  FRIDAY, 28 JUN 2019
The $67 billion superannuation fund is reducing some of its fees as part of the Protecting Your Super changes. From July 1, Sunsuper is slashing weekly fees for pension members from $3.00 to $1.50. It will also reduce investment fees for its default ...