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Showing 481 - 490 of 1736 results for "Minimum"

Super funds need to get on board with crypto: Carnegie

ELIZABETH MCARTHUR  |  MONDAY, 12 APR 2021
... better for investors who feel like they want to sleep a bit better at night." The fund is open to wholesale clients, has a minimum investment of $50,000 and management fee of 2% plus a performance fee of 25% of the return (based on fund NAV) subject ...

HUB24 hits fund managers with higher fees

KANIKA SOOD  |  FRIDAY, 19 MAR 2021
... $3000 per fund manager for this reporting service. Effective April 1, the platform will increase the reporting fees from a minimum of $3000 to a minimum of $5000 per fund manager. The first three funds subscribed to the service will cost $5000 in total ...

Trading platform slapped with licence conditions

KARREN VERGARA  |  MONDAY, 15 MAR 2021
... Yohannan and chief commercial officer Louis Cooper. The new conditions on its licence will force the firm to maintain a minimum of three equivalent full-time compliance staff and appoint any corporate authorised representatives until 31 December 2022 ...

QSuper unveils retirement income product

KARREN VERGARA  |  WEDNESDAY, 10 MAR 2021
... counted towards asset and income tests. It also has a spouse-protection option and binding death benefit nominations. A minimum of $10,000 is needed to purchase Lifetime Pension. At 60 years old, an annual payment amount at commencement for every $100,000 ...

NGS strengthens ESG, ups fees

ELIZABETH MCARTHUR  |  MONDAY, 8 MAR 2021
... managers within the SRD option," a spokesperson for NGS Super told Financial Standard. "The changes we have now made invoke a minimum standard to the definitions of each exclusion to ensure consistency and transparency to our members. These definitions ...

Montgomery launches two global strategies

KARREN VERGARA  |  THURSDAY, 4 MAR 2021
... concentrated portfolio of emerging markets businesses. Montgomery will seed the funds and invest alongside clients. The minimum investment amount for other investors is $25,000. "Montgomery Investment Management and Polen Capital share a commitment to ...

ASIC takes action against Rest

JAMIE WILLIAMSON  |  TUESDAY, 2 MAR 2021
... alleges the fund made representations that members who were considering transferring their super were required to keep a minimum balance of $5000 with Rest if they remained employed by the employer making contributions to Rest on their behalf. According ...

Public sector super satisfaction rises

ANNABELLE DICKSON  |  WEDNESDAY, 24 FEB 2021
... members have the security of now phased-out defined benefit funds, while others receive more than the legally required minimum 9.5% employer contribution," she said. "As for self-managed super funds, well you'd hope their members were satisfied with ...

SMSFs given small LRBA win

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
... Conference, Burgess reminded delegates that taxpayers must apply for administrative relief if they are unable to make the minimum yearly repayments on their Division 7A loans by the end of the lender's 2019-20 income year.

Aussie dividends slump 40%

KARREN VERGARA  |  MONDAY, 22 FEB 2021
... dividends at 50% of profits. From 1 January 2021, APRA lifted the restrictions. "While APRA will no longer hold banks to a minimum level of earnings retention, the onus will be on boards to carefully consider the sustainable rate for dividends, taking ...