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Showing 21 - 30 of 5012 results for "fees"

CBA, Colonial First State settle class action for $249m

KARREN VERGARA  |  WEDNESDAY, 26 AUG 2026
... Lawyers alleged that CFSI as the superannuation provider, arranged group insurance policies with CommInsure that charged fees that were not in members' best interests. It also alleged that similar, cheaper policies were available through other providers. ...

Netwealth profit hit by First Guardian costs

VINNY VUCAGO  |  WEDNESDAY, 26 AUG 2026
... incurred a $71 million post-tax compensation charge for affected members, alongside $3 million in legal and professional fees related to First Guardian. The cost follows the Federal Court's declaration that Netwealth Superannuation Services and Netwealth ...

JANA launches private credit trust

ELIZA BAVIN  |  TUESDAY, 25 AUG 2026
... drag often associated with open-ended private credit products. The trust adopts the Cliffwater Direct Lending Index, net of fees, unlevered and hedged into Australian dollars, providing a more relevant reference point for measuring private credit performance ...

Advised clients more satisfied despite heightened costs: Report

MATTHEW WAI  |  TUESDAY, 25 AUG 2026
... achieving their financial goals after receiving advice, compared with 41% before advice. This also came at a time where advice fees have risen from $4572 to $5235, but 90% rated their adviser as 'good' or 'excellent' value, up from 84% ...

Super business drives net inflows for Australian Ethical

KARREN VERGARA  |  TUESDAY, 25 AUG 2026
... conditions last year, concerned over the fund's investment management arrangements with its parent company and whether the fees involved are in members' best financial interests. Shortly thereafter, Natalie Kooyman was named chief risk officer ...

Centrepoint Alliance sees profit lift 25%

VINNY VUCAGO  |  TUESDAY, 25 AUG 2026
... representing net growth of five during the year. Salaried Advice revenue increased 22% to $10.3 million supported by higher fees, improved adviser productivity and the contribution from the Brighter Super advice review book. Centrepoint said management ...

VanEck cuts fees on gold ETF

ELIZA BAVIN  |  MONDAY, 24 AUG 2026
VanEck announced it is reducing the management fee for its Gold Bullion ETF (ASX: NUGG) to 0.14% per annum, effective 1 September 2026. VanEck chief executive and managing director, Asia Pacific, Arian Neiron said NUGG will be the most-effective way ...

HESTA reduces fees, minimum balance for income stream

MATTHEW WAI  |  MONDAY, 24 AUG 2026
HESTA will reduce administration fees and lower the minimum balance required to start an income stream account from September 30. The fixed administration fee for all retirement products will be reduced by 16.7% to $65 p.a., while the asset-based fee ...

First Guardian victims advance in case against InterPrac

KARREN VERGARA  |  FRIDAY, 21 AUG 2026
... Danielle Adams, who was also invested in First Guardian, will have the amount of $91,178.10 in addition to $2000 in legal fees incurred paid into the court's account. In May, InterPrac targeted Kee when she became a defendant in the lawsuit against ...

ASIC draws parallels between ASX and super trustee failures

RIDDHIMA TALWANI  |  FRIDAY, 21 AUG 2026
... platform trustees to protect retirement savings, including gaps in the monitoring of harmful advice fee deductions, unusual fees and investment patterns, and high-risk superannuation switching activity. While she notes some performers are considerably ...