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Showing 391 - 400 of 4937 results for "fees"

ANZ, OnePath settle $50m class action

ELIZA BAVIN  |  FRIDAY, 4 OCT 2024
... than those offered to other depositors with no ties to ANZ. It also alleged that OPC allowed members to be charged excessive fees to pay commissions to financial advisers that resulted in no additional benefit to members. Slater and Gordon practice group ...

Under the hood of a top global fundie

ANDREW MCKEAN  |  THURSDAY, 3 OCT 2024
... data. GQG's excess return - the difference between strategy-level performance and respective benchmark performance, net of fees - amounted to US$14.8 billion during the first half of 2024, while appreciation from benchmark returns was US$9.1 billion ...

Choice products continue to overshadow MySuper: APRA

MATTHEW WAI  |  THURSDAY, 3 OCT 2024
... 28.6% in choice member assets, APRA said. It comes after APRA recently called out a significant disconnection in specific fees between MySuper products and the more personalised services. "While performance of products across the entire superannuation ...

CFMG Capital raises for $26m Brisbane project

MATTHEW WAI  |  WEDNESDAY, 2 OCT 2024
... Land and Opportunity Fund. The offering is the 19 th via the fund and CFMG has set a target return of 9.55% p.a. (net of all fees) with a targeted overall return of 19.1% over the 24-month investment term for the project. Thomson said it will drive growing ...

Retirement calculators 'can't be counted on': SCA

ANDREW MCKEAN  |  MONDAY, 30 SEP 2024
... $47,217 per year, when the correct figure at the time of the review was $51,630, the research said. Several funds also used fees that didn't match their PDS. Diversa offered a generic calculator for all the funds for which they are the trustee, while ...

Schroders launches high yield credit strategy

MATTHEW WAI  |  FRIDAY, 27 SEP 2024
... deposits but with lower volatility than equities," Mason added. "This has been reflected in the strong 11.01% p.a. (gross of fees) return, 6.70% above the cash rate, the fund has delivered over a one-year period, whilst also maintaining consistent outperformance ...

Acadian, Yarra among most commonly used external managers by super funds

ANDREW MCKEAN  |  THURSDAY, 26 SEP 2024
... down internal functions that struggle against external managers-especially when the fund's ability to negotiate ultralow fees improves the cost/benefit proposition in favour of the external manager," it said. In a sector trending inexorably toward fewer ...

ATO revises advice fee tax deductibility rules

JAMIE WILLIAMSON  |  THURSDAY, 26 SEP 2024
The Australian Taxation Office (ATO) has confirmed financial advice fees for tax-related guidance are deductible where the advice is provided by a Qualified Tax Relevant Provider (QTRP). Releasing a final guidance yesterday, the ATO said: "Fees for ...

Industry funds dominate ASX

ANDREW MCKEAN  |  WEDNESDAY, 25 SEP 2024
... the ASX. While these super funds benefit from economies of scale - larger mandates give rise to lower investment management fees, more cost-effective insourced investment functions, and more efficient access to private markets - their scale is a double-edged ...

Boutique investment manager hits the market

ANDREW MCKEAN  |  TUESDAY, 24 SEP 2024
... to wholesale and institutional clients; the Global Opportunistic Income Fund, which targets an annual return of 7% net of fees; the Global Select Wealth Creators equity strategy, which has returned 37.9% since its launch in May 2023, outperforming its ...