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Showing 371 - 380 of 443 results for "Administration Fee"

ANZ launches low-cost super fund

MARK SMITH  |  THURSDAY, 22 NOV 2012
... wealth and private banking CEO Joyce Phillips. With a single investment fee of 0.5% per annum and an annual administration fee capped at $50, ANZ said that customers with a $50,000 balance would save an average of $220 a year when compared to industry ...

Members lack info on fees

BEN COLLINS  |  WEDNESDAY, 10 OCT 2012
Superannuation fees are still one of the largest information gaps for members of Australian funds, according to a recent survey. The 2012 Member Sentiment and Communications Report by Investment Trends and QSuper surveyed members on their understanding ...

Draft legislation to streamline trans-Tasman retirement savings

LINDA HAUSKEN  |  WEDNESDAY, 19 SEP 2012
The government has released a draft legislation to establish a trans-Tasman retirement savings portability scheme, expected to assist the thousands of Australians and New Zealanders who move across the Tasman every year. The new proposed scheme, which ...

Wealthtrac revises structure for independent market

MELANIE TIMBRELL  |  FRIDAY, 31 AUG 2012
... Wealthtrac has updated their pricing for advisers to address the fee-for-service environment, including lowering the administration fee cap. Wealthtrac managing director and chief executive Matthew Johnson said the move is in response to the pressure ...

MySuper to commoditise super

ALEX DUNNIN  |  WEDNESDAY, 1 AUG 2012
MySuper will commoditise the superannuation industry, said Rice Warner Actuaries in their latest fee report that was commissioned by the Financial Services Council. "The initial emphasis of MySuper will be on costs rather than investment performance. ...

North to offer bank deposit rebates

LINDA HAUSKEN  |  MONDAY, 30 JUL 2012
... the past year the proportion of the platform's FUA in deposit investments has increased 5-fold to 6.9%. "The administration fee rebate will apply to all clients who take out a new North term deposit or roll over a maturing term deposit between 1 August ...

netwealth naked wrap slashes fees to 35bp

LINDA HAUSKEN  |  THURSDAY, 19 JUL 2012
netwealth Investments has launched a next generation Wealth Accelerator naked wrap that slashes platform fees down to a low 35bps. The Wealth Accelerator wrap is the latest platform designed in response to the FOFA legislation and the push to fee transparency ...

Streamlined SMSF software creates adviser revenue stream

BEN COLLINS  |  WEDNESDAY, 4 JUL 2012
... additional revenue source if they streamline their relationship with accountants and create the option to charge an administration fee to their increasing base of self-managed super funds (SMSF). With investment commissions removed by the FOFA reforms ...

AIST warns MySuper deadline tight

BEN COLLINS  |  FRIDAY, 18 MAY 2012
The Australian Institute of Superannuation Trustees MySuper third tranche submission has warned that the July1 2013 deadline for the disclosure of MySuper comparisons on a product dashboard is very tight, urging the Government to move quickly to provide ...

IOOF cuts DKN platform fees

ELISE BURGESS  |  FRIDAY, 30 MAR 2012
... DKN Financial Group existing and new clients will pay lower fees on the platform badge of BT Wrap, with the administration fee cap representing a 25% discount on the previous cap. IOOF said the move was to reinforce its commitment to its relationship ...