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Showing 41 - 50 of 183 results for "Investment fees"

Hostplus, Statewide provide merger details

JAMIE WILLIAMSON  |  THURSDAY, 10 MAR 2022
... MySuper member with $50,000 saved currently pays $551 total each year, including administration fees and costs, investment fees and costs and transaction costs. With Hostplus, that same MySuper member will pay $616.89 per year. That said, Hostplus' MySuper ...

Cbus, Media Super set merger date

JAMIE WILLIAMSON  |  WEDNESDAY, 23 FEB 2022
... Super has confirmed the two funds will merge on April 9 and that its members will see their administration and investment fees increase slightly in return for a more comprehensive offering. In an update to members, Media Super said its merger with Cbus ...

Mine Super refreshes investment options

KARREN VERGARA  |  THURSDAY, 6 JAN 2022
... equities, 35% to global equities and 23% sits in fixed income. Indexed Defensive is for those who want to minimise investment fees, invest for three or more years and have a medium to high risk tolerance. Thirty-five percent is invested in fixed income ...

Cbus strengthens in-house investment team

CHLOE WALKER  |  WEDNESDAY, 15 DEC 2021
... years," Fok said. "In the last financial year (FY21) we saved members $170 million in investment costs and our investment fees are now sitting at 51 basis points, a 9.2% drop from the previous year. "These reductions have been driven by a range of sources ...

Half of all super products cut fees: Data

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... just 16% increased them. "In terms of the individual fee components, despite other research showing institutional investment fees in Australia to be dropping fast to record lows, these super funds are increasing theirs," the research states. "Indeed ...

Industry fund cuts premiums

ELIZABETH MCARTHUR  |  MONDAY, 29 NOV 2021
... eligible for the payment of their claim." In October, REI Super overhauled the way it charges both administration and investment fees, with most members expected to pay less. It moved from an admin fee of a flat $1.65 per week plus 0.25% of a member's ...

Daintree Capital lists active hybrid ETF

ANNABELLE DICKSON  |  THURSDAY, 4 NOV 2021
... apply for units directly or on the ASX and those that invest before December 31 will have the first six months of investment fees in 2022 waived. "Our goal was to allow investors to choose their preferred method of access, with the option of having the ...

ACSRF expands digital partnership

KARREN VERGARA  |  FRIDAY, 29 OCT 2021
... director Jude Metcalfe said. In August, the $10 billion super fund announced that it reduced its administration and investment fees. Asset-based administration fees dropped to 0.19% for each account balance, meaning the maximum fee for each member is ...

Future Fund becoming more expensive to operate

KARREN VERGARA  |  THURSDAY, 28 OCT 2021
... reality, given that the Future Fund is akin to a fund manager, costs should be compared to a super fund's investment fees, which on average is 0.7%. The super industry has recently slammed a government recommendation that the Future Fund be exempt ...

LGIAsuper, Energy Super change fees

ANNABELLE DICKSON  |  WEDNESDAY, 27 OCT 2021
... reducing our weekly administration fee by 33%, to just $1.00 per week per account. We also reduced the estimated investment fees for all ready-made options including MySuper and some of our single asset class options." The superannuation fund is in the ...