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Showing 411 - 420 of 443 results for "Administration Fee"

Higher fees, more cover: AustralianSuper

RUTH LIEW  |  TUESDAY, 17 MAR 2009
One of the country's largest super funds, AustralianSuper, is raising its admin fees by 50 per cent and is broadening its insurance cover, all in a bid to improve member services. All of the fund's members' accounts are now being charged $1.50 per week ...

Efficiency and social equity best way to fix super

ALEX DUNNIN  |  THURSDAY, 5 MAR 2009
Improved efficiency and more social equity are the best ways to fix superannuation, not more tax handouts or extra compulsory contributions, according to two major submissions presented to the Henry taxation review. "While the evidence shows there is ...

LUCRF lowers pension fees

RUTH LIEW  |  THURSDAY, 5 FEB 2009
The $2.4 billion LUCRF Super has slashed its fees for all its pension members from 0.9 per cent to as low as 0.2 per cent. According to a statement by the industry fund, the move comes amid plans to align LUCRF Pensions fees with its superannuation ...

APRA fund level reporting proposals dangerous

ALEX DUNNIN  |  FRIDAY, 30 JAN 2009
The Investment and Financial Services Association has rejected the APRA proposals for how the regulator should disclose fund returns to consumers. In a discussion paper released yesterday, IFSA said, "APRA's plan to publish trust level ROA [return on ...

IOOF Pursuit to reach $1bn FUA milestone

MICHAEL HOBBS  |  THURSDAY, 27 NOV 2008
IOOF's flagship Pursuit Select product is to hit the $1 billion in funds under advice milestone as financial planning clients and investors pursue savings across multiple super accounts. But getting to the billion-dollar mark didn't come easy, said ...

Linear launches enhanced MA

MICHAEL HOBBS  |  WEDNESDAY, 26 NOV 2008
... managed account provides real time portfolio information and consolidated reports and includes a 33 basis point administration fee and a managed expense ratio (MER) of 0.275 per cent. In addition, investors can trade assets immediately, compared to an ...

Goodbye ACMSF, hello Sunsuper

RUTH LIEW  |  WEDNESDAY, 9 JUL 2008
The $165 million Anglican Church Master Superannuation Fund (ACMSF) closed its doors last month - prompting the transfer of all members and assets to the $13 billion Sunsuper. According to a statement on the ACMSF website, the fund's Trustee has been ...

Perpetual offers low cost Gift Fund

MICHAEL HOBBS  |  WEDNESDAY, 9 APR 2008
... initial $20,000 donation. The fund includes no establishment fee and all on-going costs are charged via an administration fee. The fund is invested in the Perpetual Charitable and Community Investor Fund (CCIF), a multi manager fund with an 80 per cent ...

No to double SG demerits

MICHAEL HOBBS  |  WEDNESDAY, 26 MAR 2008
... Employers will still be subject to a late penalty fee, which includes the contribution amount with interest and an administration fee. However, Alex Denham, Challenger Financial Services Group head of technical services, said the proposed change would ...

Aviva breaks industry fund hurdle

MICHAEL HOBBS  |  TUESDAY, 4 MAR 2008
... Barker, Aviva wealth management products general manager. The clincher is that the product now includes a flat $3 administration fee per week for all employer plans. "We wanted to keep it really simple and consolidate the contribution fee, transaction ...