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Showing 241 - 250 of 4937 results for "Fees"

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 ...

Industry groups hammer out guidance on tax-deductible advice fees

ANDREW MCKEAN  |  MONDAY, 26 MAY 2025
... Association Australia (FAAA), in consultation with leading accounting bodies, has released new guidance on tax-deductible advice fees. The guidance follows the release of the ATO Tax Determination in September last year, which the FAAA had lobbied for ...

Franklin Templeton, Pendal funds shutter

KARREN VERGARA  |  MONDAY, 26 MAY 2025
... p.a. over the past year and 10 years respectively. Incepted on 22 August 1996, the fund aimed to provide a return before fees, costs and taxes that exceeds the MSCI AC Asia ex Japan (Standard) Index (Net Dividends) in AUD over the medium to long term. ...

Aware Super cuts fees for retiree members

JAMIE WILLIAMSON  |  MONDAY, 26 MAY 2025
Aware Super is shaving up to 25% off administration fees for its retiree membership. The $190 billion fund is reducing the annual administration fee for retirement income and retirement transition members from June 1. The fee will drop from 0.23% of ...

Stake 'breaks barriers' with inaugural fixed income product

MATTHEW WAI  |  MONDAY, 26 MAY 2025
... paid directly into Stake AUS balances. Investors can also withdraw into their Stake Aus balance without incurring any exit fees. The strategy charges a management fee of 0.51% per annum and requires a minimum investment of $500, as well as $10 for any ...

Centrepoint Alliance locks in hundreds of Brighter Super advice clients

ANDREW MCKEAN  |  FRIDAY, 23 MAY 2025
... 1.25 times revenue transitioned, on June 13. It said a final announcement on June 17 will confirm client counts, associated fees, and the total amount paid for the acquisition. As Centrepoint finalised its acquisition timetable, Australian Wealth Advisors ...

MLC Expand reduces fees

MATTHEW WAI  |  WEDNESDAY, 21 MAY 2025
The wrap platform has reduced fees for around 65% of all platform clients across Expand Essential and Expand Extra from June 1. The change will see the account keeping fee for Expand Essential drop from $90 to $78 per annum, while the administration ...

Equip Super, TelstraSuper terminate merger plans

JAMIE WILLIAMSON  |  WEDNESDAY, 21 MAY 2025
... always be delivering the best possible retirement outcomes for our members through strong, long-term performance, competitive fees and excellent service," Equip Super chair Michael Cameron said. TelstraSuper first flagged it was on the hunt for a merger ...

Managed funds should be 'prepared to take less'

ELIZA BAVIN  |  TUESDAY, 20 MAY 2025
... and VanEck deputy head of investments Jamie Hannah agreed that managed funds have put themselves in a bad position over the fees they charge. "They've got themselves into that a bit, because there are a bunch [of managed funds] that probably look ...