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Showing 401 - 410 of 1550 results for "Competition"

Kapstream cuts fees on flagship fund

KANIKA SOOD  |  WEDNESDAY, 11 SEP 2019
The Kapstream Absolute Return Income Fund is shaving 15bps off its retail fees, as competition in the segment heats up and yields drop. The fund currently has about $3.8 billion of retail money and will go from charging 70bps to 55bps in annual management ...

Treasurer moves on broker remuneration

ELIZABETH MCARTHUR  |  TUESDAY, 27 AUG 2019
... Commissioner Hayne's recommendations. "Mortgage brokers play an important role in promoting good consumer outcomes and competition in the home loan market. Mortgage brokers have a strong presence in the home loan market accounting for close to 60 % of ...

Best online brokers revealed

ELIZABETH MCARTHUR  |  THURSDAY, 22 AUG 2019
... director Recep Peker explained the satisfaction results are significant because it shows the big banks are facing stiff competition. "Bank-backed brokers are facing strong competition from established independent brokers such as Bell Direct, CMC Markets ...

Super sector needs to end culture war

KRISTI CHENG  |  FRIDAY, 16 AUG 2019
... on members. In his speech at the Rice Warner Symposium on Monday, Bragg condemned the lack of retail and wholesale competition in super funds, saying the focus of the sector has been "distorted" by how much government-mandated money it receives. "This ...

State Street loses biggest ETF title

KANIKA SOOD  |  WEDNESDAY, 14 AUG 2019
... June, making it the largest ETF with about $4.06 billion at July end. Australian equities ETFs have seen fierce price competition recently. Vanguard and BlackRock iShares both dropped the fees on their offerings in the segment, following BetaShares which ...

Pinnacle kicks off race to zero-fee ETFs

KANIKA SOOD  |  MONDAY, 29 JUL 2019
... are enough drivers for ETF issuers to deliver for this appetite: Aussie ETF assets have just crossed $50 billion, competition is fierce and with Pinnacle's zero-fee ETF, issuers are willing to sacrifice profit for a longer client relationship. Analysis ...

Open Banking gets another shot in parliament

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUL 2019
... customised to individual's needs. "Progress to the February launch is well advanced," Frydenberg said. "The Australian Competition and Consumer Commission (ACCC) will issue the 'lock-down' version of the Rules governing the system by the ...

Industry bodies react to APRA review

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
... members," he said. The Customer Owned Banking Association is supporting APRA for agreeing to actively focus more on competition in its decision-making processes. Chief executive Michael Lawrence said COBA's key recommendations, which included APRA ...

Open banking reforms a boon for fintech

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUL 2019
... services." The aim of open banking is for customers to have more options to assess and manage their finances and that competition and innovation will be stimulated across the banking sector. "Data is driving change and transformation across all sectors ...

BlackRock cuts fees on Aussie shares ETF

KANIKA SOOD  |  WEDNESDAY, 3 JUL 2019
BlackRock has slashed the fees on its S&P/ASX 200 exchange-traded fund following a pricing review, as competition heats up in the sector. The iShares Core S&P/ASX 200 ETF, which trades on the exchange with ticker IOZ, pushed down the fees to 0.09% p.a. ...