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Showing 451 - 460 of 9370 results for "Fee"

CBA sets aside $52m for remediation

ELIZA BAVIN | WEDNESDAY, 13 AUG 2025

Commonwealth Bank of Australia (CBA) said it has provisioned $52 million for remediation purposes as it finalises various class actions, including those related to superannuation and advice. CBA said the group is still defending two superannuation class ...

ETF Shares awards fund administration mandate

MATTHEW WAI | TUESDAY, 12 AUG 2025

... a decade, entering the market with three ETFs on Cboe. BEST, WWW, and HUGE all invest in US shares and charge a management fee of 0.29%. Meanwhile, Apex Group Australia country head Nicholas Bradford said the mandate is timely considering the upward ...

HESTA to lower insurance fees

ELIZA BAVIN | TUESDAY, 12 AUG 2025

HESTA it will reduce fees for insured members on their current levels of cover after re-appointing AIA Australia as its insurance partner. HESTA chief executive Debby Blakey said the renewed partnership demonstrated the fund's commitment to providing ...

Superannuation fraudster sentenced to prison

ELIZA BAVIN | MONDAY, 11 AUG 2025

Former property developer Michael Steele was sentenced to eight years' imprisonment after using money invested for a commercial and residential property development on the Gold Coast for his own and the benefit of family members. Steele was sentenced ...

MLC adds term deposits, ETFs to Expand

MATTHEW WAI | FRIDAY, 8 AUG 2025

MLC Expand has launched its new Essential+ investment menu, offering access to term deposits and exchange traded funds (ETFs) from a range of Australian financial institutions. The Essential+ menu complements the existing suite of MLC managed funds ...

Treasury launches retirement phase consultations

KARREN VERGARA | FRIDAY, 8 AUG 2025

Treasury has launched two consultations relating to the retirement phase, one of which seeks the right metrics and indicators to create transparency and improve retirement outcomes. The proposed Retirement Reporting Framework will require trustees to ...

Top Australian CIOs revealed

MICHELLE BALTAZAR | THURSDAY, 7 AUG 2025

Who have been named in the 2025 top 100 global list of chief investment officers? Five Australian super fund chief investment officers made the grade. Chief Investment Officer, the New York-based sister publication of Financial Standard, this month ...

Legal costs weigh on AMP profits

JAMIE WILLIAMSON | THURSDAY, 7 AUG 2025

Costs associated with remediation and its simplification strategy put a slight dent in AMP's half-year net profits, coming in at $98 million. Released this morning, AMP's results show a 5% drop in interim net profit, largely attributed to $11 ...

FAAA expands specialist education programs

MATTHEW WAI | THURSDAY, 7 AUG 2025

... August 29; the FAAA also welcomes those in other specialised fields relevant to financial advice to apply. While there is no fee to apply, successful applicants will pay a one-off fee of $5000 (ex GST). Courses with less than 50 hours of study will not ...

Australian Ethical lifts investment fees

ELIZA BAVIN | WEDNESDAY, 6 AUG 2025

Australian Ethical has increased investment fees and costs for super and pension options, effective August 1. The $8.9 billion super fund said for those invested in the Conservative, Balanced, Growth and High Growth options, the lift in fees and costs ...

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Mercer Super chief executive steps down

RIDDHIMA TALWANI

Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI

The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI

L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI

Apostle Funds Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.

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