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Showing 31 - 40 of 58 results for "Slashes"

Industry fund signs super code, slashes premiums

JAMIE WILLIAMSON  |  TUESDAY, 27 MAR 2018
A $50 billion industry fund is the latest signatory to the Insurance in Superannuation Voluntary Code of Practice, announcing it will drop TPD insurance premiums by an average of 20% at the same time. Signing up to the code from March 31, Sunsuper believes ...

Global Merces launches managed funds regtech

KARREN VERGARA  |  FRIDAY, 9 MAR 2018
Asset manager and funds services provider Global Merces has launched a regtech solution that slashes the managed funds application process to five minutes. FUND.ID, a straight through processing system, on-boards new clients using an electronic signature ...

AustralianSuper slashes insurance premiums

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2018
Australia's largest superannuation fund is reducing insurance premiums that will save members $100 million over the next financial year. From May 2018, AustralianSuper and life insurance partner TAL will decrease life insurance premiums by 14% for death ...

Corporate governance LIC slashes fees, appoints portfolio manager

ALEX BURKE  |  WEDNESDAY, 6 DEC 2017
An ASX-listed investment company focusing on ASX 100 companies ranked by corporate governance standards has negotiated a significant reduction in its total expense ratio and appointed a portfolio manager from Evans Dixon. Australian Governance Masters ...

AllianceBernstein slashes retail fees

ALEX BURKE  |  WEDNESDAY, 1 NOV 2017
AllianceBernstein (AB) will cut management fees for two of its retail funds. The management fee for the AB Dynamic Global Fixed Income Fund has been reduced from 0.70% per annum to 0.55%, while the fee for the AB Global Equity Fund has been cut from ...

GROW Super slashes fees

ALEX BURKE  |  FRIDAY, 27 OCT 2017
Millennial-focused superannuation fund GROW Super has made significant cuts to its administration fees. Previously, the admin fee was 1.44%; this has been reduced to 0.54% plus $1.65 per week. Based on a $50,000 balance, this constitutes an overall ...

Cbus slashes insurance premiums

EMMA RAPAPORT  |  FRIDAY, 7 JUL 2017
Industry super fund Cbus has signed a new insurance deal with TAL that will see premiums decrease substantially. Premiums per unit of death and TPD cover for most members will go down by 25%, while for 15 to 44-year-old manual labour members; cover ...

K2 slashes fees for three funds

ALEX BURKE  |  THURSDAY, 11 MAY 2017
Following a round of fee reductions from Vanguard and Platinum Asset Management, K2 Asset Management will cut management and performance fees for three of its managed funds. For the K2 Australian Fund, the management fee will fall from 1.54% to 1.31%. ...

Platinum slashes fees ahead of ETMF launch

ALEX BURKE  |  FRIDAY, 28 APR 2017
Platinum Asset Management is revamping its management fee structure before the ASX debut of two new exchange-traded actively-managed funds (ETMFs). The standard management fees on Platinum's Trust Funds and Global Fund (PGF) have been reduced from 1.5% ...

BlackRock slashes iShares ETF fees

ALEX BURKE  |  FRIDAY, 7 OCT 2016
BlackRock has reduced management fees across its US iShares Core exchange-traded fund suite, which includes three products listed on the ASX. The three ASX-listed ETFs are the iShares S&P 500 ETF, the iShares S&P Mid-Cap ETF and the iShares S&P Small-Cap ...