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Showing 381 - 390 of 5019 results for "fees"

ASIC, ASFA spar over super fund trustees 'not knowing' their business

ANDREW MCKEAN  |  THURSDAY, 13 MAR 2025
... alleged delayed processing of nearly 7000 death benefit claims and its failure to merge multiple accounts, Aware Super charging fees for no service, Westpac/ BT incorrectly charging insurance commissions to members, and Colonial First State misleading ...

AustralianSuper sued over death benefit delays

JAMIE WILLIAMSON  |  WEDNESDAY, 12 MAR 2025
... the backlog, including by its failure to... terminate its arrangements with Link... cease charging monthly administration fees from the deceased member's account during periods of unreasonable delay... and/or provide suitable and timely remediation ...

Tokenisation can save US$135m in back-office costs: Study

KARREN VERGARA  |  FRIDAY, 7 MAR 2025
... them to launch funds more quickly and less expensively, to operate them more cost efficiently, and to offer more competitive fees to their investors. It promises a future where asset managers can cut costs and boost revenue simultaneously," Godins said. ...

Aussie ETF market tipped to hit $300bn in 2025

MATTHEW WAI  |  THURSDAY, 6 MAR 2025
... demand for fixed income ETFs, product innovation, demand for digital assets ETFs and the continued reduction of management fees by ETF issuers which makes investing into ETFs more attractive. He also added that there are a substantial number of investors ...

Stockspot officially launches low-cost super offering

ELIZA BAVIN  |  WEDNESDAY, 5 MAR 2025
... Chris Brycki said. "Australians deserve a super fund that prioritises their savings over corporate sponsorships and hidden fees." Equity Trustees has been appointed as the trustee, MetLife has been named the insurer, DASH Promoter Services is serving ...

Outlook favourable for practice valuations: Guide

JAMIE WILLIAMSON  |  FRIDAY, 28 FEB 2025
... of averaging is the key driver of reduced valuations. Centurion said a CBD client base of 100 clients with $1 million in fees could sell for more than three times the fee base. However, clients with fees less than $3000 a year are driving average multiples ...

SMA Reporting Standard launches

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
... Adviser Ratings Group and operates as a separate entity, SMA Standard Pty Ltd. SMARS ultimately applies RG 97 Disclosing fees and costs in PDSs and periodic statements to SMAs. The framework aims to provide clearer insights into fee structures of SMAs ...

Perpetual profits dented after KKR deal goes up in smoke

ANDREW MCKEAN  |  THURSDAY, 27 FEB 2025
... movements, investment outperformance and currency movements which underpinned higher revenue, along with higher performance fees and improved contributions from Barrow Hanley, Trillium, and Pendal..." Reilly said. "The wealth management business continued ...

'Less revenue for us': AustralianSuper on closing multiple accounts

ELIZA BAVIN  |  THURSDAY, 27 FEB 2025
... between 13 March 2019 and 11 May 2023. More than 90,000 members incurred $69 million in losses from multiple administration fees and insurance premiums and investment earnings.

ASIC turns up the heat on private markets

KARREN VERGARA  |  WEDNESDAY, 26 FEB 2025
... ASIC. Some products ask for a buy-in that is as little as $2000. Limited access, liquidity challenges, complexity, higher fees, information asymmetries, and adverse selection risks are on ASIC's radar. ASIC is also examining superannuation funds' ...