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Showing 361 - 370 of 4937 results for "fees"

AustralianSuper to pay $4.2m for delayed claims handling

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... for close to a decade. In May 2023, AustralianSuper announced it would be refunding close to $70 million in administration fees and insurance premiums to about 100,000 members whose multiple accounts had gone undetected. The average impacted member was ...

Fiducian names general manager, superannuation

JAMIE WILLIAMSON  |  TUESDAY, 19 NOV 2024
... managed accounts to give investors greater flexibility and control. It also allowed the group to reduce its administration fees, which it said are now closing in on those offered by industry funds and the leading retail platforms.

Low-cost funds outperform in most asset classes: Morningstar

MATTHEW WAI  |  TUESDAY, 19 NOV 2024
... passive finds in the cheapest quintiles, saw the cheapest options log a 55% success rate as the priciest scored 20%. While fees play a key role in predicting a fund's success, the strength of the correlation differs across categories, Morningstar ...

Betashares Direct slashes brokerage fees on ASX 300

MATTHEW WAI  |  TUESDAY, 19 NOV 2024
... complements the platform's existing brokerage-free offering on all ASX-traded ETFs. By eliminating transactional brokerage fees across ETFs and shares, the platform can better align the domestic market with investment offerings worldwide that offer a ...

Active managers outperform in limited asset classes, fall short in survivorship

KARREN VERGARA  |  MONDAY, 18 NOV 2024
... proactively tweak their portfolios accordingly provide a tangible advantage over passive indexes," Sanzgiri said. "Despite lower fees, passive funds significantly underperform the average active fund across all periods under analysis. Understandably ...

Cbus board still considering CFMEU directors

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2024
... cannot pay for penalties out of the assets of a super fund. However, many funds, including Cbus, introduced trustee services fees in response whereby members are charged a small fee via its existing reserves which is then set aside in the trustee's ...

Retail super funds spend big on advice

KARREN VERGARA  |  FRIDAY, 1 NOV 2024
... member-initiated usage of advice services offered by the RSE licensee and charged to the member under agreed or activity-based advice fees. Industry funds spent the most on intra-fund advice with ART leading the pack at $17.7 million. HESTA ($12.4m) ...

Non-bank lender sued for dodging Credit Code

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2024
... including responsible lending obligations, the right to make a hardship application and protection from being charged excessive fees and interest." "These protections are critical in the current financial climate where borrowers are more likely to be ...

Qantas Super lowers investment fees, updates cash option

KARREN VERGARA  |  WEDNESDAY, 30 OCT 2024
Qantas Super announced changes to its Cash option, updated its exclusions criteria, and lowered investment fees for members. The Cash option's objective is to achieve a return after tax and investment fees equal to the Bloomberg AusBond Bank Bill ...

Morningstar flags governance issues, leadership turnover at Cbus

ANDREW MCKEAN  |  TUESDAY, 29 OCT 2024
... market transactions. This outweighs positive steps that Cbus has made to translate its growing scale into lower investment fees in recent years and also the launch of a new insurance offering for members..." Morningstar also noted Cbus has had subpar ...