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Showing 21 - 30 of 4935 results for "Fees"

Magellan confirms job losses

ELIZA BAVIN | THURSDAY, 7 MAY 2026

... contribution and will continue to assist them through the transition." Under the changes Magellan will reduce the management fees for the funds from 1.35% p.a. to 0.89% p.a., and performance fees will no longer be charged. Morningstar equity analyst ...

Insurance premiums to drop for HESTA members

JAMIE WILLIAMSON | THURSDAY, 7 MAY 2026

... commitment to providing value-for-money cover, it said. HESTA is also enhancing its group insurance offering, waiving insurance fees for members on parental leave for up to 12 months. Where a baby is born before 37 weeks, this can be extended to 24 months. ...

Magellan awards $5.3bn global equities mandate

ELIZA BAVIN | TUESDAY, 5 MAY 2026

... investment performance and fee competitiveness." As a result of the change, effective today, Magellan will reduce the management fees for the funds from 1.35% p.a. to 0.89% p.a., and performance fees will no longer be charged. "This reduction in the ...

Dexus and Boral partner in $10bn project

VINNY VUCAGO | TUESDAY, 5 MAY 2026

... FY25. Looking ahead, Dexus anticipates FY27 is expected to present challenges with diminished contributions from performance fees. The firm said it is focused on optimising asset performance and executing a disciplined buyback strategy to enhance long-term ...

Cbus members to see 46% increase in insurance fees

ELIZA BAVIN | MONDAY, 4 MAY 2026

Cbus members will see an average 46% increase in death and TPD premiums from July 1. Default cover premiums will increase between $0.19 cents and $10.24 per week. There will also be a 12% increase for some income protection categories, the first rise ...

Super funds score win on stamp duty disclosure

JAMIE WILLIAMSON | MONDAY, 4 MAY 2026

The way in which super funds will have to disclose stamp duty as part of fees and costs to members is changing from July. From July 1, stamp duty paid in one year will be disclosed over the following seven years in fees and costs summaries publishing ...

VanEck unveils new range of active ETFs

MATTHEW WAI | WEDNESDAY, 29 APR 2026

... three Core+ funds has been calibrated to meet a different risk-return objective and aims to outperform its benchmark after fees." Specifically, VBAL is designed to reduce concentration risk by providing a steady core for long-term investors who value ...

Prime Super awards mandate to boutique manager

ELIZA BAVIN | FRIDAY, 24 APR 2026

... PATRIZIA, appointing Frontier Advisors as its new asset consultant, effective June 1. This follows a reduction in administration fees and costs, along with the streamlining of its investment menu. Prime Super general manager, investments Michael McQueen ...

Advisers reprimanded over fee-for-no-service conduct

MATTHEW WAI | WEDNESDAY, 22 APR 2026

... issued three determinations in the month of April, including a reprimand to a financial adviser who continued to collect fees from a client for over a year after the service agreement ended. The adviser was handed a reprimand for charging a client ongoing ...

UniSuper halves admin fees for 42,000 members

RIDDHIMA TALWANI | TUESDAY, 21 APR 2026

... For some members, savings can go up to $625 in a year. For Flexi Pension account balance of $500,000 members will pay total fees and costs of $2696, almost half of the average pension fees of $4900. UniSuper added the reduction in fees will further help ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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