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Showing 641 - 650 of 4937 results for "fees"

Pacific Current Group buys into fund manager

CHLOE WALKER  |  WEDNESDAY, 20 SEP 2023
... strategies or day-to-day operations. PAC estimates its investment will yield between $2.3 million and $3.8 million from management fees in CY24. "We couldn't be more excited to enter into a partnership with Avante," PAC chief executive and chief ...

Older Aussies are retirement illiterate: Survey

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
... their plans, they may not do so explicitly, husbanding their assets to ensure they have money to cover entry and ongoing fees if they eventually need to go into aged care. That can lead to sub-optimal results when compared to a more holistic planning ...

Perpetual shutters innovation fund, Pendal funds

JAMIE WILLIAMSON  |  THURSDAY, 14 SEP 2023
... technological change and innovation. The fund aimed to outperform the MSCI All Countries World Net Total Return Index (AUD) before fees and taxes over rolling three-year periods. In the year to June 30, it returned close to 44% before fees. As at July ...

A roadmap for transitioning to managed accounts

ANDREW MCKEAN  |  THURSDAY, 14 SEP 2023
... that may otherwise face challenges in effective execution. Regarding costs, while there is sometimes an additional layer of fees, many are negotiable or can be offset by rebates. Cost-efficiencies are being made more transparent through new structures ...

Wheelhouse repositions global equity fund

KARREN VERGARA  |  WEDNESDAY, 13 SEP 2023
... Australia Index to the RBA cash rate +2.5%. Its internal return target of over 8% per annum over a rolling 5-year period (net of fees and expenses and before tax) has not changed. The fund invests in global listed equities, either in direct equities ...

Two top Global X executives exit

KARREN VERGARA  |  TUESDAY, 12 SEP 2023
... Global X that Blair has helped to establish". Separately, the Global X Semiconductor ETF (SEMI) reduced annual management fees from 0.57% to 0.45%. NVIDIA, Boardroom Inc, TSMC, ASML, and ADV Micro Device are its top five holdings. One-year returns reached ...

Spirit Super introduces insurance admin fee

JAMIE WILLIAMSON  |  MONDAY, 11 SEP 2023
... the insurer and reduced your premiums." In March 2023, Spirit Super negotiated with MetLife to drop some premiums by 25%. Fees for death and TPD went down by between 14.2% and 24.8%, while income protection premiums reduced by 7.7%. At the time, Spirit ...

AustralianSuper sued over multiple accounts

JAMIE WILLIAMSON  |  FRIDAY, 8 SEP 2023
... members for close to a decade. In May, AustralianSuper announced it would be refunding close to $70 million in administration fees and insurance premiums to about 100,000 members whose multiple accounts had gone undetected. The average impacted member ...

Financial advice firms profits jumps: Research

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
... advisers who reported higher levels of profit mostly attributed the success to efficient systems, admin support, increased fees, and cost discipline as factors. "While the cost to produce advice has risen by 9% during the period ($3580, up from $3280 ...

BlackRock to launch US Treasury Bond ETF

CHLOE WALKER  |  WEDNESDAY, 6 SEP 2023
... were priced at 20 basis points, less than half the current management fee of similar ETFs in the Australian market. The ETF fees were dropped even lower to 15 basis points in July.