Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 281 - 290 of 721 results for "Class A"

CFS drops fees on external fund

KANIKA SOOD  |  WEDNESDAY, 15 JUL 2020
... managed futures fund for Australian investors distributed by Colonial First State. The Aspect Diversified Futures Fund (class A), which had $614 million in total assets at June end, was reduced from 1.60% per year in base fee to 1.20%. Its wholesale ...

Litigation funding fight heats up

ELIZABETH MCARTHUR  |  MONDAY, 13 JUL 2020
The Senate Parliamentary Joint Committee, Corporations and Financial Services looking into litigation funding and the regulation of the class action industry sparked a heated debate today. Menzies Research Centre chief of staff James Mathias was questioned ...

BT un-aligns group insurance, awards mandate

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JUL 2020
Westpac's BT super has awarded a group insurance mandate, switching members away from Westpac Life Insurance Services. AIA Australia has been appointed as the new group insurer, with the change coming into effect from 1 July 2020. The change will impact ...

AMP should stop whining: Slater and Gordon

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
Law firm Slater and Gordon has slammed AMP chief executive Francesco De Ferrari's criticism of litigation funding and class actions, as AMP continues to battle lawsuits sparked by the Royal Commission. Slater and Gordon head of class actions Ben Hardwick ...

Sargon buyers announce execs, ditch Sargon name

KANIKA SOOD  |  THURSDAY, 18 JUN 2020
The buyers of Sargon's operating businesses have announced its new executive and board lineup and will rebrand it to Certes Corporation, leaving behind the Sargon brand. Former PEXA chief Marcus Price will move into the role of group chief executive ...

Public super fund rejigs offering

KANIKA SOOD  |  WEDNESDAY, 17 JUN 2020
... continuous months of service), have a super balance of $6000 and 25 years or older, and don't receive an ADF Cover Invalidity class A or B benefit. The new product, called the lifePLUS Protect, will charge members an insurance fee of $1.50 per month ...

RealIndex taps former RF Capital executive

HARRISON WORLEY  |  THURSDAY, 11 JUN 2020
... institutional asset managers in the world." Separately, the firm is reducing the buy-sell spreads and management fees of its Class A funds, with some funds receiving up to a 13 basis point cut in fees. Francis said the decision was a result of the business' ...

Best equities funds to May end

KANIKA SOOD  |  WEDNESDAY, 10 JUN 2020
... Global Growth Fund had highest returns among the 1275 funds with its wholesale vehicle returning 62.04% in the period, Class A returning 61.95% and another version returning 60.49%. The next three spots on the list were also taken by funds investing ...

NowInfinity founders depart following acquisition

ALLY SELBY  |  WEDNESDAY, 3 JUN 2020
The founders of corporate compliance and documentation platform NowInfinity will depart the business following its integration with SMSF platform Class. Amreeta Abbott and Vitalii Symon will step aside to pursue other projects after the platform was ...

Government offers guidance provision relief

HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
Company directors will not be liable for missing financial guidance targets for the next six months, after the government temporarily amended continuous disclosure provisions to help firms through COVID-19. The amendments, introduced today, ensure companies ...