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Showing 181 - 190 of 4935 results for "fees"

CBA sets aside $52m for remediation

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
... against CFSIL was dismissed on 30 May 2025, following a settlement with no admission to liability. The claim related to certain fees charged to members on the FirstChoice Fund and alleged CFSIL acted unconscionably as it failed to take steps to avoid ...

HESTA to lower insurance fees

ELIZA BAVIN  |  TUESDAY, 12 AUG 2025
HESTA it will reduce fees for insured members on their current levels of cover after re-appointing AIA Australia as its insurance partner. HESTA chief executive Debby Blakey said the renewed partnership demonstrated the fund's commitment to providing ...

Superannuation fraudster sentenced to prison

ELIZA BAVIN  |  MONDAY, 11 AUG 2025
... using the funds for the development, Steele used the funds to purchase a house in his wife's name, paid his son's university fees, bought cars, jewellery and spent money on international travel, entertainment, and online gambling. ASIC said none of the ...

MLC adds term deposits, ETFs to Expand

MATTHEW WAI  |  FRIDAY, 8 AUG 2025
... within Expand Essential+ is a unique offering in market and meets this adviser and customer demand." MLC Expand has reduced fees across its multiple menus in June 2025. The announcement also follows the recent partnership with TAL and Challenger to develop ...

Top Australian CIOs revealed

MICHELLE BALTAZAR  |  THURSDAY, 7 AUG 2025
... performance of more than 15 million member accounts, returned 10.6% for the 2025 financial year and 9.8% pa over three-years after fees and taxes. "The increasing international equities exposures by funds have also been a strong contributor to total ...

Legal costs weigh on AMP profits

JAMIE WILLIAMSON  |  THURSDAY, 7 AUG 2025
... of our response to class actions." It is currently defending a class action in relation to superannuation administration fees. George said AMP "will continue to fight that hard", noting it returns to court in October. These costs may well increase, with ...

Australian Ethical lifts investment fees

ELIZA BAVIN  |  WEDNESDAY, 6 AUG 2025
Australian Ethical has increased investment fees and costs for super and pension options, effective August 1. The $8.9 billion super fund said for those invested in the Conservative, Balanced, Growth and High Growth options, the lift in fees and costs ...

CFS taps JPMAM for private equity push

KARREN VERGARA  |  WEDNESDAY, 6 AUG 2025
... we have built, and since 2008 the PEG team has generated direct alpha comfortably above the MSCI World Index on a net of fees basis." JPMAM yesterday announced that it joined forces with Commonwealth Private to launch Private Wealth Advantage, a self-directed ...

Betashares launches equity high yield ETF

KARREN VERGARA  |  WEDNESDAY, 6 AUG 2025
... potential dividend traps. It aims to track the return of the S&P/ASX 200 High Yield Select Index before taking into account fees and expenses. Meanwhile, Betashares revised the investment strategy and decreased the management fee for its Betashares Global ...

First Super reduces admin fees

JAMIE WILLIAMSON  |  TUESDAY, 5 AUG 2025
The $5 billion super fund for the paper, pulp and timber industries is cutting administration fees for most of its members. From September 1, the flat administration fee paid by First Super accumulation members each week is dropping from $1.87 to $1.65. ...