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Showing 231 - 240 of 4935 results for "fees"

Schroders expands active ETF suite

JAMIE WILLIAMSON  |  THURSDAY, 5 JUN 2025
... market. CORE is an actively managed, quantitative global equity strategy and is priced at 0.25% per annum with no performance fees. The portfolio typically holds about 400 global companies, derived from a universe of over 15,000. The underlying strategy ...

HESTA turns the lights back on after service shutdown

ANDREW MCKEAN  |  WEDNESDAY, 4 JUN 2025
... previously reported by Financial Standard, HESTA's members didn't receive a pause or reduction in administration fees during the limited services period. Additionally, members won't see a decrease in administration fees following the tran ...

Stakeholders ask ASIC for tougher private markets regulation

KARREN VERGARA  |  WEDNESDAY, 4 JUN 2025
... following concerns for potential non-investment risk-driven losses (e.g. through illiquidity, conflicts of interest and opaque fees)," ASIC said. The lack of transparency is a top issue among respondents. Private credit product providers, however, showed ...

UK treasury provides guidance on local pension consolidation

MATT TOLEDO  |  FRIDAY, 30 MAY 2025
... Treasury also estimated that consolidation will reduce $2.1 billion (£1bn) per year in costs for consolidated funds by reducing fees by 10 to 20 basis points over the long term. That cost reduction is based on a 12-basis-point reduction in costs applied ...

QSuper settles $67m class action

ANDREW MCKEAN  |  WEDNESDAY, 28 MAY 2025
... ART spokesperson said QSuper reached an in-principle settlement, which includes legal costs and disbursements, and other fees and costs associated with the class action, to avoid the risk of costs associated with ongoing litigation. The spokesperson ...

Count Financial class action dismissed

ELIZA BAVIN  |  WEDNESDAY, 28 MAY 2025
... and receiving commissions and/or benefits. Further, the class action alleged advisers charged some clients ongoing service fees in circumstances where they did not provide them any ongoing service. The Federal Court determined that Count had systems ...

La Trobe debuts first ASX-listed investment product

ANDREW MCKEAN  |  TUESDAY, 27 MAY 2025
... diversified private credit strategy benchmarked to the Reserve Bank of Australia Official Cash Rate plus 3.25% per annum, net of fees, costs, and taxes, targeting monthly distributions. The fund offers a "balanced and flexible" exposure to Australian ...

CFS awards global equities mandate

KARREN VERGARA  |  TUESDAY, 27 MAY 2025
... global equities, has some $2 billion in assets under management. It aims to outperform the MSCI ACWI (AUD) by 2-3% after fees over five-year rolling periods. Incepted in 2015, the fund is managed by London-based portfolio managers Mick Dillon and Bertie ...

BUSSQ lowers administration fees

ELIZA BAVIN  |  TUESDAY, 27 MAY 2025
BUSSQ MySuper and Premium Choice account holders will see lower administration fees, however their insurance costs will rise from July 1. The $7 billion super fund will no longer charge members a weekly administration fee of $1.75 ($91 per year) and ...

AMP super class action finally hits court

JAMIE WILLIAMSON  |  TUESDAY, 27 MAY 2025
A class action that was filed against AMP for charging excessive superannuation fees is finally being heard in court, with the trial kicking off today. In 2019, following the Royal Commission, several law firms sought to commence class actions against ...