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Showing 211 - 220 of 4935 results for "fees"

Fees for no service see former adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 3 JUL 2025
A former financial adviser is now banned for 10 years after she was found to have knowingly charged fees for no service. Kiriley Roper was a director, shareholder and adviser at Lighthouse Partners in Redcliffe, Queensland. ASIC alleges that between ...

Aware Super delivers double digit returns

ELIZA BAVIN  |  THURSDAY, 3 JUL 2025
... retirement," he said. "Investment balances for retirees are also being strengthened by our decision in June to reduce administration fees on pension accounts by up to 25% as we shared the benefits of our increasing scale."

APRA expects 'no cutting corners' with CPS230

KARREN VERGARA  |  TUESDAY, 1 JUL 2025
... claims handling processes from start to finish. All the while, many super funds boast that their ultra-low administration fees are advantageous for members. KPMG's latest Super Insights 2025 highlighted super funds' ability to drive down administration ...

MLC AM delivers real returns for members in FY25

KARREN VERGARA  |  MONDAY, 30 JUN 2025
... to return about 10% p.a. Over five years, MLC's largest fund, the MySuper Growth option, delivered about 9% p.a. after fees. MLC AM chief investment officer Dan Farmer told Financial Standard that these are good results for members whose real returns ...

APRA dissects retirement products for the first time

KARREN VERGARA  |  FRIDAY, 27 JUN 2025
... vital to the retirement incomes received by Australians. The new data increases transparency regarding investment returns, fees and costs and investment strategies at a product level." A large portion of Choice retirement products are invested in multi-manager ...

Australian Ethical drops fees

ELIZA BAVIN  |  FRIDAY, 27 JUN 2025
... insurance offering to provide Standard Default Cover members with a higher level of coverage at all ages, while also reducing fees for most age groups, while other age groups will see costs unchanged. From August 1, the $8.9 billion super fund will also ...

Betashares gearing up to expand Wealth Builder product suite

ANDREW MCKEAN  |  WEDNESDAY, 25 JUN 2025
... on its interest rate may be largely offset by the management fee it charges, Gleeson said that, even after accounting for fees, investors still access a lower cost of leverage than what's available through margin loans or home equity loans. Separately ...

Super Fierce goes into liquidation

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
... liquidator. On its website, which is still live, Super Fierce claims to have helped members save $300 million in superannuation fees. About $22,000 has also been donated to Australian women in need. "Our flagship B2C product focuses on unravelling the ...

Old challenges push asset managers to inflection point: Citi

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
... unique needs. "As active managers continue to face headwinds from the rise of passive funds, the old fund charges based on fees as a fixed proportion of assets under management will likely continue to be replaced by a low base fee and a performance fee ...

Global X scales higher on the ETF issuer podium

ANDREW MCKEAN  |  MONDAY, 23 JUN 2025
... investor preference for cost-effective strategies. "Importantly, as more capital shifts from active managed funds to ETFs, total fees paid across the financial industry will likely decline, which is bad news for high-cost fund managers, but a win for ...