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Showing 301 - 310 of 443 results for "Administration Fee"

AMP cuts MyNorth fees

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
... investment menus. Fees will drop by 0.10% for the Select menu and 0.20% for the Choice menu. There will be lower administration fee caps for individuals and families and families can now include up to six members, as opposed to the old four member cap. ...

AustralianSuper hikes admin fees

KARREN VERGARA  |  WEDNESDAY, 30 JAN 2019
... AustralianSuper group executive of product brand and reputation Paul Schroder said: "For almost a decade, the administration fee hasn't changed, while costs to operate the fund have continued to increase." Schroder said by using its size and scale ...

MLC drops wrap and super admin fees

DARREN SNYDER  |  TUESDAY, 29 JAN 2019
... for balances above $500,000 will be cut 40% to 0.03% pa. "Based on an average balance of $480,000, the new administration fee reduction will represent a saving of 23% on the wrap platform, making our platform one of the cheapest in the country," Lloyd ...

MTAA Super makes fee cuts

HARRISON WORLEY  |  FRIDAY, 25 JAN 2019
MTAA Super is cutting its administration fee by $0.10 a week - from $1.60 to $1.50 - in what amounts to an annual saving of 6%. Additionally, the fund has moved to eliminate the exit fee previously paid on amounts rolled out of the fund. It will make ...

PC calls for group insurance review

KARREN VERGARA  |  FRIDAY, 11 JAN 2019
The Productivity Commission is calling for an independent public inquiry into group insurance and floated the possibility of tougher regulation that includes sharper ASIC oversight, among other recommendations. Recommendation 18 in the Productivity ...

Simpler fee disclosure on ASIC agenda

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
Under new proposed changes by the corporate regulator, consumers will be able to compare superannuation funds and investment products more easily. ASIC released its response to Report 581, an independent review conducted by regulatory expert Darren ...

Superannuation fund introduces fee changes

KARREN VERGARA  |  THURSDAY, 13 DEC 2018
A $3.6 billion public offer fund has made a number of fee changes to its superannuation and retirement products. WA Super has ceased charging an $80 exit fee and $80 withdrawal fee for its Retirement Solutions product from 5 November 2018. Members can ...

New super fund to secure female financial security

JAMIE WILLIAMSON  |  MONDAY, 3 DEC 2018
A new superannuation offering launched this week. Its investments exclude companies that don't commit to adding women to their boards; and it refuses to charge administration fees to members on parental leave. Verve Super is aiming to tackle an ...

Super pool ripe for adviser picking

JAMIE WILLIAMSON  |  THURSDAY, 29 NOV 2018
The growing pool of superannuation means there has never been a better time to be a financial adviser, according to a new industry white paper. With super assets projected to hit $9.5 trillion by 2035, ClearView believes this represents an unprecedented ...

SMSF investment platform begins, announces senior hire

DARREN SNYDER  |  WEDNESDAY, 28 NOV 2018
... behind investment decisions. " Each investment manager sets their own investment fee; OpenInvest then adds its administration fee to arrive at a total management fee. The platform was recently launched on the Class technology suite. Other integrations ...