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Showing 601 - 610 of 4937 results for "fees"

Super funds missing out on rich returns from Aussie agriculture

ANDREW MCKEAN  |  FRIDAY, 17 NOV 2023
... characteristics comparatively attractive. In contrast to their international counterparts, the asset consultant explained that high fees and regulatory hurdles like RG 97 and APRA's super heatmap make agriculture investments less appealing for local ...

Settlement approved in AMP shareholder class action

JAMIE WILLIAMSON  |  WEDNESDAY, 15 NOV 2023
The $110 million settlement that was reached in the long-running fees-for-no-service class action against AMP was approved by a judge yesterday. The class action was filed in June 2018 and came on the back of misconduct made public by the Royal Commission. ...

ASIC to crack down on superannuation misconduct

ANDREW MCKEAN  |  WEDNESDAY, 15 NOV 2023
... penalty imposed on AustralianSuper for not merging duplicate accounts, a lapse that led to members incurring $69 million in fees. However, ASIC's scrutiny extends beyond AustralianSuper, having identified widespread issues with unmerged duplicate accounts ...

Super fund fees now at record low: Data

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
Superannuation fees in Australia have reached a historic low, with the total expense ratio averaging 0.93% per annum, as per research from Rainmaker Information. Rainmaker Information's analysis of over 1500 superannuation fund fee options, spread across ...

Treasury unveils advice reforms draft legislation

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
... of the member," the Explanatory Memorandum read. The objective is to provide trustees with certainty about paying advice fees agreed between a member and their financial adviser from a member's account and ensure that such fees are not paid in breach ...

Dimensional launches inaugural ETFs

KARREN VERGARA  |  MONDAY, 13 NOV 2023
... expected return in small caps, value stocks and profitability. The Australian Core Equity fund charges 0.28% in management fees while the Global Core Equity (hedged and unhedged) charges 0.36%. Dimensional entered the ETF market in the US in November ...

A-REIT strategies outperform G-REITs

CHLOE WALKER  |  MONDAY, 13 NOV 2023
... Morningstar manager research analyst and report's author Steven Le said. "Particularly given that they are paying active management fees and expect some level of outperformance over a reference index or passive strategy that aims to track a benchmark ...

More than $17m paid in CFD-related remediation

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... provider had not issued the over-leveraged CFDs at all." Those same three plus one other had not compensated clients for fees or charges incurred on the CFDs or interest on these amounts, ASIC noted in its review. This resulted in those issuers paying ...

Vanguard Super institutes advice fee function, tweaks options

ANDREW MCKEAN  |  WEDNESDAY, 8 NOV 2023
Vanguard Super has rolled out a new function that allows members to pay for advice fees via their SaveSmart account - the super fund's lifecycle MySuper investment option. As of next month, Vanguard Super members can opt to have advice fees deducted ...

Australian Unity to sell off failed development

CHLOE WALKER  |  MONDAY, 6 NOV 2023
... year," Australian Unity said. If a capital loss is crystalised upon the sale, Australian Unity said it will re-direct all fees received from the developer since the inception of the development to date into the syndicate fund to "offset a portion of ...