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Showing 31 - 40 of 821 results for "Retail fund"

AMP super class action finally hits court

JAMIE WILLIAMSON  |  TUESDAY, 27 MAY 2025
... Flexible Lifetime Super accounts, MySuper accounts, and overcharging investment fees on cash and term deposits. "No other retail fund was charging investment fees on cash or term deposits like AMP," Slater and Gordon said. The products called into question ...

Vanguard Super leads in organic growth: KPMG

ANDREW MCKEAN  |  TUESDAY, 20 MAY 2025
... also found that, as of 30 June 2024, the average MySuper administration fee on a $50,000 balance was 0.36% within the retail fund sector - up 0.03% from FY23. In contrast, the average fee within the industry fund sector fell slightly from 0.24% to 0.23%. ...

Webull launches SMSF account offering

ANDREW MCKEAN  |  MONDAY, 14 APR 2025
Webull Securities Australia has launched a self-managed superannuation fund (SMSF) account offering, targeting cost-conscious younger investors. Webull's SMSF offering has no monthly fees and features commission-free trading on ASX and US-listed exchange-traded ...

Swan hits back at Bragg: 'That's wrong of you'

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
... in other areas, such as advertising. What we are getting here is very good bang for our buck, which, if it were a retail fund, they would be spending on advertising and other forms of promotion. "It's wrong of you to mischaracterise partnership agreements ...

Retail super funds spend big on advice

KARREN VERGARA  |  FRIDAY, 1 NOV 2024
Retail superannuation offerings from AMP, Macquarie, and HUB24 spend big on external financial advisers, while industry funds prefer to invest in their own advisers and intra-fund advice, new APRA data reveals. APRA's recently published data based ...

Monochrome moves to list Ethereum ETF

ANDREW MCKEAN  |  FRIDAY, 6 SEP 2024
Monochrome Asset Management has filed an application to list an Ethereum exchange-traded fund (ETF) on Cboe Australia. The Monochrome Ethereum ETF (IETH) would passively hold Ethereum, which is the second-largest cryptocurrency by market capitalisation ...

FTSE Russell hires client coverage lead

KARREN VERGARA  |  MONDAY, 12 AUG 2024
... 2022 for $0.45 million including a cash consideration of about $215,000 and a return of capital. It was the first retail fund for TIP. That month, TIP also launched the Co-Living Future Property Fund. TIP had $221 million in funds under management (FUM) ...

Insight Investment appoints distribution lead

KARREN VERGARA  |  TUESDAY, 6 AUG 2024
Global asset manager Insight Investment has named a new distribution lead for its local operations. Amy Clements was promoted to head of distribution for Australia and New Zealand this month after spending more than five years as an investment specialist. ...

Group insurance cheaper by 25%: Rainmaker

KARREN VERGARA  |  MONDAY, 15 JUL 2024
Group insurance continues to be cheaper than life insurance purchased directly with an insurer by as much as 25%, new research from Rainmaker Information shows. The latest Rainmaker Benchmarking report finds that cost savings for group insurance members ...

Colonial First State reports strong super returns

ANDREW MCKEAN  |  THURSDAY, 4 JUL 2024
... while its FirstChoice Employer Super growth fund (MySuper Lifestage 1975-79) realised a 14.3% return. The $150 billion retail fund's MySuper Lifestage 1980-84 and MySuper Lifestage 1985-89 funds had even stronger returns of 14.7%. CFS Superannuation ...