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Showing 461 - 470 of 5019 results for "fees"

ASIC cans timeshare company AFSL

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
... sector of that industry." Joining the scheme involved paying upfront between $10,000 to $25,000, together with ongoing annual fees of up to $800. Most consumers who bought into the timeshare scheme took out a loan with a company related to Ultiqa to ...

ESSSuper shifts members to new default option

KARREN VERGARA  |  MONDAY, 21 OCT 2024
... "accept moderate to high volatility in pursuit of long-term capital growth". The Balanced option aims to return 3% p.a. after fees and taxes above the rate of inflation. "While the difference between our current and new default options might not appear ...

IAM announces new product, appointment

ELIZA BAVIN  |  MONDAY, 21 OCT 2024
... diversification within their fixed-income portfolios," Lambert said. "Large scale ABS and RMBS funds typically charge investors ongoing fees of 0.50% to 0.90% a year, plus platform fees and bid-ask spread upon entry and exit, so our pricing will be more ...

Australian Ethical FUM nears $13bn

MATTHEW WAI  |  FRIDAY, 18 OCT 2024
... members transitioning from Link to GROW Inc by the end of the financial years," he added. It has also lowered investment fees for super members in the beginning of the month, with those in the high growth options seeing the rate slashed by nine basis ...

Super fund fees exploit Australians' low financial literacy

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
... believes Australians would be shocked to learn how much is being drained from their retirement savings through super fund fees. New research commissioned by Vanguard, conducted by CT Group, found 61% of Australians are unaware that their superannuation ...

Household spending drops in September: CBA

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
... 0.7%. Utilities spending was unexpectedly up 1.3%, which reflected the impact of rising local council and strata management fees, even as electricity costs declined off the back of government rebates. There was a notable decline in spending on transport ...

High-profile Tribeca manager sets up shop

KARREN VERGARA  |  MONDAY, 14 OCT 2024
... more than 26% p.a. recently and has $1.45 billion in AUM. The fund aims to beat the S&P/ASX-200 Accumulation Index before fees and expenses over the long term. It takes both long positions and short positions in Australian shares, using quantitative ...

Best and worst performing ETFs revealed

ELIZA BAVIN  |  MONDAY, 14 OCT 2024
... significantly. "ETFs have been on a growth rocket ship for the past decade as more everyday investors are won over by low fees and a deepening understanding that broad-based passive index tracking ETFs provide diversification and reduced risk," InvestSMART ...

Australian Ethical drops investment fees

ELIZA BAVIN  |  MONDAY, 14 OCT 2024
Australian Ethical has lowered investment fees and costs for super members, effective 1 October 2024. Superannuation members invested in the conservative option will see fees reduced from 0.69% to 0.68%. Those in the growth option will see fees drop ...

ASIC seeks $27m penalty against AustralianSuper

ELIZA BAVIN  |  THURSDAY, 10 OCT 2024
... duplicate accounts within a fund can have significant financial consequences for members who end up paying multiple sets of fees, eroding their superannuation balance over time. The regulator said in this case, approximately 90,000 AustralianSuper members ...