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| | | 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 ... |
| | | | Over the past year, most investment managers recorded net outflows, however, a few defied that trend in a big way, netting over $1 billion, according to Rainmaker Information. Of the 160 managers in Rainmaker's database, 90 had net outflows, with a ... |
| | | | Entireti and licensed digital advice platform Otivo have partnered up to build a scalable, low-cost solution to "meet the needs of consumers across the advice continuum." The partnership will see Entireti and Otivo combine their IP and resources to ... |
| | | | ... manager or just a managed fund, might appear over the top and you take money from investors into your own pocket. I'm not a big fan of that." Hannah agreed, saying while there is a place for active management, the fees in the space outweigh the performance ... |
| | | | ... broader wealth management industry is thriving, he said. "If you think 10 years ago, five years ago and today, you can see a big shift... What we're beginning to see is private equity coming into Australia and starting to buy into businesses that ... |
| | | | ... partners averaged about 24%. "With the latest announcement, it's come down to about 13% to 14%. But that's still a big impact that's going to be a drag on the US consumer," he said, pointing out that this is equivalent to about US$470 billion ... |
| | | | ... equivalent of more than $3 million in super," Chalmers said. "... we're still providing concessional tax treatment for people with big balances in superannuation, it's just slightly less concessional, but it's concessional compared to the marginal rate ... |
| | | | ... keep an eye on. That is another form of vertical integration, which is a risk when you have all that capital chasing all the big stocks, you get more and more value concentrated into the large cap stocks," Salis said. "It comes into the question of accessibility. ... |
| | | | Superannuation funds substantially upped holdings in global equities but scaled back on cash, as well as local fixed income and equities in the second half of 2024, new analysis from J.P. Morgan shows. The latest Super Fund Manager Radar note shows ... |
| | | | The tariffs doled out - and then largely wound back or paused by - the Trump administration are unlikely to help the US realise its economic priorities, an industry conference has heard. Opening the Stockbrokers and Investment Advisers Association's ... |
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