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Showing 631 - 640 of 4937 results for "fees"

Smart beta 'taking over' active management share: VanEck

ANDREW MCKEAN  |  THURSDAY, 5 OCT 2023
... management is being disrupted. "Smart beta ETFs are providing investors with targeted outcomes, full transparency, and low fees," Neiron said. "Active managers can no longer afford to ignore the popularity or the features of smart beta ETFs." ASX data ...

GESB debuts first sustainable option

JAMIE WILLIAMSON  |  WEDNESDAY, 4 OCT 2023
... targets a return of CPI plus 3% over rolling seven-year periods. For a GESB Super member with a $50,000 balance, the annual fees and costs of the option are $421, while a West State Super member will pay $361. It comes to $335 annually for a Retirement ...

Platform fees, poor resourcing a red flag for regulator

JAMIE WILLIAMSON  |  TUESDAY, 3 OCT 2023
... major platform operators in the UK have received letters from the regulator, flagging concerns around poor disclosure of fees and under-investment in technology. In the letter, the Financial Conduct Authority's director of consumer investments Lucy Castledine ...

Betashares carves slice of superannuation pie

CHLOE WALKER, JAMIE WILLIAMSON  |  WEDNESDAY, 27 SEP 2023
... their index-based investments, have proven to deliver strong returns," he said. Rainmaker research shows that while super fees are trending down, currently sitting at about 1% for MySuper products, the pace of these fee reductions is too slow. For example ...

Coolabah Capital launches new active ETP

ANDREW MCKEAN  |  WEDNESDAY, 27 SEP 2023
... liquidity returns that exceed a benchmark of the Reserve Bank of Australia (RBA) cash rate plus 1.5% to 3% per annum, after fees. The fund also seeks to maintain an average A credit rating and focuses on low interest rate duration risk. Coolabah Capital ...

Former adviser lands in jail

KARREN VERGARA  |  TUESDAY, 26 SEP 2023
... Justice Lonsdale said. "You deliberately started out stealing money which roughly approximated or matched the amounts of your fees, and I find that that was calculated to deceive your clients into thinking that the money had been taken out of their accounts ...

ANZ hit with $15m penalty for misleading customers

ANDREW MCKEAN  |  TUESDAY, 26 SEP 2023
... indicating that customers could access a cash advance from funds listed as 'Available Funds' without incurring additional fees or interest. ASIC deputy chair Sarah Court said: "Customers deserve clear and accurate information about available funds in ...

Qantas Super confirms merger plans

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2023
... equivalent rights to benefits they currently have in Qantas Super. We would also seek to improve member services and lower fees and costs," chief executive Michael Clancy said. "I'm looking forward to leading our exceptional team as we work our way ...

MLC Life unveils retail discounts

KARREN VERGARA  |  FRIDAY, 22 SEP 2023
... gives between 5% and 40% cost savings to clients with greater amounts of lump sum cover. MLC Life will also waive policy fees for new customers, meaning they do not have pay extra when advisers set up their policies. MLC Life general manager for distribution ...

NAB to pay $2.1m for knowingly overcharging customers

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2023
NAB will pay $2.1 million in a fine issued by the Federal Court over knowingly overcharging customers certain fees and failing to tell them. The court has ordered the bank pay the penalty for continuing to charge periodic payment fees it knew was not ...