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Showing 561 - 570 of 2099 results for "MAX"

Super fund reduces fees

JAMIE WILLIAMSON  |  MONDAY, 23 AUG 2021
A $10 billion industry superannuation fund dropped administration and investment fees for its 86,000 members. Australian Catholic Superannuation and Retirement Fund has reduced asset-based administration fees to 0.19% for each account balance, meaning ...

Active Super rejigs MySuper

KANIKA SOOD  |  MONDAY, 9 AUG 2021
Active Super has changed the structure of its lifecycle MySuper product to derisk members slower than before, while also renaming two Choice options. Active Super's lifecyle MySuper product currently divides members into four stages: High Growth ...

Rest closes basic cash option

KANIKA SOOD  |  WEDNESDAY, 4 AUG 2021
The industry fund will close its basic cash option on August 13, as it sees returns dry up. The option invested in cash securities that have a maximum maturity of three months. It aimed to match the return of the one-month Australian Bank Bill rate ...

Redpoint launches equity income fund

KARREN VERGARA  |  WEDNESDAY, 4 AUG 2021
... a portfolio of 40-120 Aussie companies, futures, and cash. Minimum investment amount is $25,000. Redpoint chief executive Max Cappetta said the fund is aimed at yield-seeking investors such as self-funded retirees, other low-income tax rate payers as ...

Future Fund appoints portfolio strategy lead

KANIKA SOOD  |  THURSDAY, 29 JUL 2021
The $179 billion sovereign wealth fund has promoted internally to appoint a deputy chief investment officer for portfolio strategy. Ben Samild was named to the role, which was left vacant in December 2020 after Sue Brake moved to Future Fund's chief ...

CSLR raises concern among advisers

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
The Association of Financial Advisers (AFA) has raised concerns about the cost of the government's proposed Compensation Scheme of Last Resort and the fact that super funds and managed investment schemes are excluded from the proposed regulation. ...

Looking beyond high-dividend stocks

ANNABELLE DICKSON  |  WEDNESDAY, 21 JUL 2021
... Speaking at a GSFM outlook, Redpoint Investment Management chief executive and lead portfolio manager for Australian equities Max Cappetta said there is a cyclicality to dividends over the calendar year, and it is important to align stock selection with ...

Retirement Income Covenant paper released

KANIKA SOOD  |  TUESDAY, 20 JUL 2021
The government has released a position paper on the Retirement Income Covenant and is inviting submissions until August 6. Subject to the legislation passing, the government plans to have the covenant come into effect in July 2022. The new paper, released ...

New portfolio manager at Pengana

KARREN VERGARA  |  TUESDAY, 20 JUL 2021
A Pengana Capital global equities fund has appointed a new portfolio manager who previously established and led a boutique. Jeremy Bendeich is a new portfolio manager for Pengana's High Conviction Equities Fund. He works alongside James McDonald, who ...

Integrity Life, Will platform partner

ANNABELLE DICKSON  |  TUESDAY, 20 JUL 2021
... today's consumers." The offer will be available on the Integrity Life website from today. Safewill head of partnerships Max Nightingale said that more than half of Australians don't have a Will due to affordability and convenience. "More than ...