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Showing 201 - 210 of 1002 results for "Accumulation"

HESTA changes administration fees

JAMIE WILLIAMSON  |  TUESDAY, 18 OCT 2022
... have increased. From February 2023, HESTA is reducing the dollar-based component of the administration fees paid by accumulation members from $1.25 to a flat $1. However, the percentage-based component is increasing to 0.15%. Currently, the percentage-based ...

Australian retirement system given B+

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
... David Knox was the lead author of the study. He said the Australian system needs to shift its culture and focus from accumulation to management of balances in retirement. "The primary purpose of compulsory superannuation has been, for the past thirty ...

NGS Super increases death, TPD premiums

JAMIE WILLIAMSON  |  THURSDAY, 6 OCT 2022
... $525. The cost of the high growth, balanced, indexed growth and defensive options are also expected to increase. Some accumulation options are expected to decrease in cost however, including the Australian shares, international shares, infrastructure ...

IPS partners to launch equity market solution

CASSANDRA BALDINI  |  THURSDAY, 29 SEP 2022
... the dividends paid over the period," confirmed a statement. Horizon founder David Offer commented that the ASX 200 accumulation index has returned less than 9% pa over the last 10 years, so in that context a yield of more than 8% is very meaningful to ...

Regal Partners secures $420m mandate

CASSANDRA BALDINI  |  MONDAY, 19 SEP 2022
... that the Regal Australian Long Short Equity Strategy is an active extension that aims to outperform the S&P/ASX 300 Accumulation Index over a rolling five-year period, net of fees. Since its 2009 inception, the fund has delivered an annualised return ...

Are Australia's wealthiest tight-fisted?

ANDREW MCKEAN  |  MONDAY, 29 AUG 2022
... Australians," Traill stated. "We can see that the structured mechanism of giving has failed to keep pace with the accumulation of wealth but there is huge potential for alignment with those who are continuing to increase their giving year on year." The ...

ASIC tells super trustees to improve TMDs

ANDREW MCKEAN  |  MONDAY, 29 AUG 2022
... 55 TMDs prepared by 27 superannuation trustees across the industry, retail, corporate and public sectors for both accumulation and retirement products. The regulator observed that all the TMDs reviewed by ASIC described target markets, but some trustees ...

Aware Super overhauls fee structure

CASSANDRA BALDINI  |  FRIDAY, 19 AUG 2022
... reduce fixed fees for nearly 98% of its membership who are in pension mode, transitioning to retirement or in the accumulation phase. Aware Super said members will save an average of $348 a year on fees, resulting from an overall reduction of 0.12 % ...

Martin Currie introduces Aussie equities strategy

ANDREW MCKEAN  |  THURSDAY, 18 AUG 2022
... Australia commented. The strategy is co-managed by Matthew Davison and Sam Li and aims to outperform the S&P/ASX 200 Accumulation Index over rolling three-year periods. It first commenced in November 2021 and is now being opened to the public. Martin ...

Lutheran Super merger imminent

JAMIE WILLIAMSON  |  TUESDAY, 16 AUG 2022
... accounted for less than 2% of its members, according to APRA. All remaining members were moved into the fund's accumulation division. In all, Lutheran Super has about $600 million in funds under management and 6000 members, largely female. It is ...