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Showing 11 - 20 of 8327 results for "Fee"

ART reduces admin fees for high balance accounts

ELIZA BAVIN  |  WEDNESDAY, 1 MAY 2024
Australian Retirement Trust (ART) will be reducing the maximum account balance for the percentage administration fee from $800,000 to $500,000. Currently, the percentage fee applies to the first $800,000 of member account balances in each Super Savings ...

Treasury shakes up foreign investing framework

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
... timeframe of 30 days from 1 January 2025. Chalmers wants to incentivise early applications and more participation by providing a fee refund for foreign investment applications that were unsuccessful in a competitive bid process. Additionally, the government ...

Vanguard Super lowers fees

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
... off the back of strong investment performance and its short time in the market. All members will see annual administration fee go from 0.35% to 0.33% per year and the admin fee cap lower from $850,000 to $300,000. Most options will see a reduction in ...

Crescent Wealth to merge into Russell Investments

ANDREW MCKEAN  |  TUESDAY, 30 APR 2024
Crescent Wealth Superannuation will shut down next month; its members will be moved to the new 'Salaam' division of Russell Investments Master Trust. Following a review by Equity Trustees, the trustee for Crescent Wealth's super fund, an ...

Brighter Super to close socially responsible options

JAMIE WILLIAMSON  |  TUESDAY, 30 APR 2024
... Multi-Manager High Growth Fund which will in turn be renamed Growth. As a result of the changes, members will see immediate investment fee and cost reductions across some of the remaining options, Brighter Super said. The biggest saving will be seen ...

The risks and opportunities in advice: SIAA

KARREN VERGARA  |  TUESDAY, 30 APR 2024
... reforms that promise to reduce red tape was introduced in parliament on March 27. The first stage includes streamlining ongoing fee renewal and consent requirements, including removing the requirement to provide a fee disclosure statement. Gregory oversees ...

AFM Investment Partners brings new feeder fund to Australia

ELIZA BAVIN  |  MONDAY, 29 APR 2024
German renewable infrastructure specialist KGAL Real Investments has joined forces with AFM Investment Partners to bring Australian investors access to two impact funds. The feeder fund will give Australian investors access to KGAL's two impact funds ...

The funds delivering up to 30% returns: Mercer

ELIZA BAVIN  |  MONDAY, 29 APR 2024
Mercer's investment performance charts have revealed which Australian funds are giving investors the biggest returns, with some delivering over 30%. ECP Asset Management's All Cap fund was the top performer, delivering a massive 32% annual return, before ...

Scott Farquhar steps down from Atlassian

ELIZA BAVIN  |  FRIDAY, 26 APR 2024
Scott Farquhar has announced he will be stepping down as co-chief executive of Atlassian with Mike Cannon-Brookes set to lead the software giant as its sole chief executive. Atlassian said Farquhar came to the decision to step down after 23 years to ...

Goldman Sachs ditches robo-adviser Marcus Invest

KARREN VERGARA  |  FRIDAY, 26 APR 2024
... an offer tipped to be worth US$1.4 billion. An analysis by Forbes found that Marcus Invest charges the highest management fee among its competitors at 0.35%. Betterment and Wealthfront charge 0.25% on the total AUM, while some like SoFi Automated Investing ...