Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 631 - 640 of 9371 results for "Fee"

CSLR costs driven by poor advice: AFCA

ELIZA BAVIN  |  TUESDAY, 1 APR 2025
The Australian Financial Complaints Authority (AFCA) lead ombudsman, investments and advice Shail Singh has told financial advisers that poor practices are the main contributor to the soaring costs of the Compensation Scheme of Last Resort (CSLR). "It's ...

Fink takes private markets to next level

KARREN VERGARA  |  TUESDAY, 1 APR 2025
BlackRock chief executive Larry Fink says the fund manager can upend the public-private market divide in the same way it has capitalised on active and passive investing. In his annual letter to investors, Fink said assets in the form of data centres ...

HMC Capital to launch new private equity vehicle

MATTHEW WAI  |  TUESDAY, 1 APR 2025
... unlisted assets to arbitrage the public and private markets. Subsequently, the proposed changes will increase the performance fee hurdle from 7% to 9% and turn the open-ended structure into a closed-end structure. Meanwhile, HMC has also declared an ...

Qantas Super, ART merger official

KARREN VERGARA  |  MONDAY, 31 MAR 2025
... administration and investment fees in the Qantas Group Super Plan in ART. For example, ART's annual fixed administration fee for the Qantas Group Super Plan is currently $52 per year compared to Qantas Super's $70. Their asset-based administration ...

Pearler Super launches, new FHSSS product imminent

KARREN VERGARA  |  MONDAY, 31 MAR 2025
... is the member administrator. The super fund charges 0.438% in administration and transaction fees, and 0.11% for brokerage fee per buy/sell. Pearler Super is only accessible for Pearler customers. Some 85% of Pearler's users are invested in ETFs. ...

New gig for JP Morgan's AI guru

ELIZABETH FRY  |  THURSDAY, 27 MAR 2025
Sydney-based Berowne Hlavaty has been appointed global head of applied AI and data science at JP Morgan, the financial services giant. After a long career in quantitative research strategy, Hlavaty is making a switch to an internal technology role where ...

Australians 'overwhelmed' by retirement: Aware

ELIZA BAVIN  |  MONDAY, 24 MAR 2025
Sixty-three percent of Australians aged 45 and over are concerned or anxious about retirement according to Aware Super's State of Retirement report, with almost nine in 10 people worried they will run out of money. The research found one in 10 people ...

Resolution Capital to list second active ETF

JAMIE WILLIAMSON  |  FRIDAY, 21 MAR 2025
Resolution Capital will add another active ETF to its product lineup next week. The Resolution Capital Global Listed Infrastructure Fund - Active ETF (RIIF) will launch on the ASX on Tuesday, March 25. The new offering provides direct listed access ...

Mine Super and TWUSUPER merger official

KARREN VERGARA  |  FRIDAY, 21 MAR 2025
... them achieve the retirement they deserve." For TWUSUPER members, a merged entity means a reduction in annual administration fee by 50%, while direct expense recovery fees will lower by 36%. They will also see at least a 2% reduction on insurance premiums. ...

Vanguard ETFs record most consistent monthly net flows: Research

ANDREW MCKEAN  |  FRIDAY, 21 MAR 2025
Vanguard ETFs have recorded the most consistent inflows of any manager over the past two years, according to Rainmaker Information. Over the two years to December 2024, monthly net flows to its ETFs showed an autocorrelation of 0.59 - a statistical ...