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Showing 311 - 320 of 1002 results for "Accumulation"

Industry split over super fee hike

ELIZABETH MCARTHUR, JAMIE WILLIAMSON  |  TUESDAY, 4 FEB 2020
... would be introducing a new fee called 'Administration fee - Protecting Your Super'. From April this year, all accumulation members will pay up to 0.04% of their balance - in addition to the existing $2.25 admin fee - to offset the impact of the ...

2020: Year of the fragile economy

ALLY SELBY  |  THURSDAY, 9 JAN 2020
... been accumulated by these economies, with total debt climbing to 170% of GDP in 2018, up from 115% in 2010. Debt accumulation similarly threatens the world's advanced economies, with Pazarbasioglu warning that current low interest rates should be approached ...

Super fund rejigs investment option

JAMIE WILLIAMSON  |  TUESDAY, 7 JAN 2020
... option is to achieve a return, after taxes and fees, over a rolling 10-year period of at least 4.5% above CPI for accumulation members and at least 5% above CPI for income stream members. From February 1, the return objective for accumulation members ...

Aussies unprepared for wealth transfer

ALLY SELBY  |  MONDAY, 9 DEC 2019
... "intergenerational wealth transfer" in history. "Baby boomers were fortunate enough to experience a period of supercharged wealth accumulation which has resulted in a stark contrast in levels of wealth between their generation compared to millennials," ...

Fee cuts at super fund

KANIKA SOOD  |  MONDAY, 2 DEC 2019
... The changes came into effect December 1. The fee cuts also apply to two pension options, in addition to the above accumulation products. The cost of fee cuts Australian Ethical had $2.82 billion in funds under management at June end; this includes its ...

Boutique portfolio manager to retire

KANIKA SOOD  |  FRIDAY, 22 NOV 2019
... with Zurich Investments. The Celeste Funds Management's fund had outperformed the benchmark S&P/ASX Small Ords Accumulation Index by 6.1% net of fees since inception more than 21 years ago to July this year.

Inflation the forgotten risk to retiree portfolios

HARRISON WORLEY  |  WEDNESDAY, 30 OCT 2019
... are held - without protection and with nominal bonds - don't work for retirees like they do for those in the accumulation phase. "It makes no sense for a de-accumulator," he said. "And even some of the large funds, we're seeing take their default ...

Firetrail fund gets Morningstar rating

KANIKA SOOD  |  THURSDAY, 24 OCT 2019
... Pinnacle's banner. It returned only 0.69% in the year to September end. By comparison, the benchmark S&P/ASX 200 Accumulation Index was up 12.47% during the time. Firetrail accounted for most of Pinnacle's institutional inflows from its 13 affiliates ...

Industry fund implements fee changes

JAMIE WILLIAMSON  |  WEDNESDAY, 9 OCT 2019
... to the fees paid by its members. Effective this month, Equipsuper has removed its weekly $1 administration fee for accumulation members with a balance of less than $3000. At the same time, the fund increased its asset-based administration fee. Members ...

Super fund cuts fees

HARRISON WORLEY  |  TUESDAY, 1 OCT 2019
An $8 billion industry superannuation fund has cut fees for accumulation members. From today, Energy Super has decreased the asset-based administration fee charged to accumulation members by four basis points - from 0.22% to 0.18%. The move will see ...