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Showing 351 - 360 of 4937 results for "fees"

MLC trustees to pay $65m in MySuper class action settlement

JAMIE WILLIAMSON  |  FRIDAY, 6 DEC 2024
... merged with others to become MLC Super Fund in 2016. It was alleged members were left idling in products that attracted higher fees and commissions to financial advisers that would have been banned in a MySuper option. In December 2020, the Supreme Court ...

New investment fund to drive gender equality

MATTHEW WAI  |  THURSDAY, 5 DEC 2024
... advance economic equality for women and their children in Australia. The fund will charge zero management or performance fees and requires a minimum investment amount of $250,000. All major service providers to the fund, including Citigroup, Equity Trustees ...

Treasury gives Tranche 2 reform package preview

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... advisers but will only be able to charge a direct fee for the advice provided; the new class will not be able to charge ongoing fees or receive commissions. Licensees will be subject to additional monitoring and supervision obligations to ensure these ...

Centrepoint Alliance launches long-awaited IconiQ platform

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
... executive John Shuttleworth said. "We strive to ensure that clients achieve the best after-fee returns without paying excessive fees for portfolio administration. Leveraging our scale and expertise, we are proud to offer a globally leading platform solution." ...

WA super law reforms boost GESB

JAMIE WILLIAMSON  |  MONDAY, 2 DEC 2024
... workers to manage their superannuation, reducing the need to have accounts with multiple super funds and help minimise the fees they pay, the WA government said. As such, the changes align GESB with the Your Future, Your Super changes that enable super ...

OC Funds Management launches fund, scores mandate

MATTHEW WAI  |  MONDAY, 2 DEC 2024
... S&P/ASX Mid-Cap Index which returned 18.9%. The fund aims to outperform the S&P/ASX Mid-Cap 50 Index by at least 2% after fees and expenses. The fund holds between 20 and 50 stocks including CAR Group, REA Group, and Fisher & Paykel Healthcare as long-term ...

Australian Retirement Trust primed for growth: Morningstar

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2024
... based that is scalable through underlying publicly listed investment capabilities that are in large part passive, keeping fees competitive. "The private and midrisk asset books have been elemental to the fund's returns, though liquidity, risk management ...

Brighter Super makes fee, death benefit changes

JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2024
Brighter Super is reducing administration fees from January 1, while also introducing a weekly account keeping fee. It's also changing the way death benefits are dealt with. Effective January, the annual percentage-based admin fee charged to Brighter ...

Hostplus ups fees, makes $125m investment

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
Hostplus has made changes to its investment fees and costs for FY23/24, increasing them between 0.06% to 0.16%. Members invested in the Conservative Balanced option and the Capital Stable option saw fees rise 10bps from 0.69% and 0.59%, respectively ...

ASIC issues new guidance on DBFO reforms

KARREN VERGARA  |  FRIDAY, 22 NOV 2024
... trustees "must have a member's written request or consent, or a copy of the request or consent, before they charge advice fees (non-ongoing fees) under an arrangement that is not an ongoing fee arrangement (non-ongoing fee arrangement) to a member's ...