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Showing 651 - 660 of 4937 results for "fees"

Willis Towers Watson buys funds from advice group

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2023
... particularly into the NFP and wealth management sectors, with the intention of driving improved scale and performance and lowering fees and costs," he said. "We see this as a great opportunity to provide smaller institutional investors access to WTW ...

Financial hardship neglect lands Westpac in court

KARREN VERGARA  |  TUESDAY, 5 SEP 2023
... "Since we uncovered this issue, we've contacted these customers and completed a remediation program including refunds of fees and interest, debt waivers and payments for non-financial loss, totalling approximately $900,000," he said. "Once Westpac identified ...

Janus Henderson launches new fund

CASSANDRA BALDINI  |  TUESDAY, 5 SEP 2023
... to countries and corporations at different stages of economic and political development, targeting a total return before fees of 2.75% above the MSCI Emerging Markets Index over five years. US-based co-portfolio managers Daniel Graña and Matthew Culley ...

Hostplus finalises merger with Maritime Super

ANDREW MCKEAN  |  MONDAY, 4 SEP 2023
... period. "Hostplus is focused on delivering exceptional retirement outcomes for our members, which are supported by low admin fees and sustained net investment performance over the long-term," Elia said. "Our continued growth means we can further leverage ...

Government must do more after product failures: FSC, SCA

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2023
... leaves Australian retirees without protection when they need it most... there's little transparency over retirement products' fees and performance, and no accountability for funds that poorly manage retirement products. Without this, how can the growing ...

Ninety-seven super products fail performance test

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
... offering from next month. APRA also found that on-platform trustee-directed products have the highest median administration fees and costs at 0.54% of assets, compared to 0.27% for non-platform trustee-directed products. MySuper products were just slightly ...

Rest closes investment options, shifts allocations

ANDREW MCKEAN  |  FRIDAY, 25 AUG 2023
... to property, infrastructure, and alternatives will be slashed. The fund also announced a raft of changes to its investment fees and costs. The total investment cost for the core strategy, balanced, diversified, high growth, cash, shares, Australian shares ...

Platinum AM chief executive steps down

CASSANDRA BALDINI  |  THURSDAY, 24 AUG 2023
... decrease from the previous year. It said the main cause of the decrease in profit was a $44.6 million decrease in management fees due primarily to lower average funds under management. Staff costs were $16.6 million higher compared to the prior period ...

ASIC cracks down on former adviser, comedian

JAMIE WILLIAMSON  |  TUESDAY, 22 AUG 2023
... who doubles as a comedian has had his assets frozen and been barred from leaving the country as the regulator investigates fees charged to client superannuation accounts. Last month, David Mario Valvo of Sydney was ordered by the Federal Court to surrender ...

Platform comparison fintech launches

KARREN VERGARA  |  TUESDAY, 22 AUG 2023
... SuitabilityHub, a new fintech that allows financial advisers to compare platform providers' features and takes the focus off fees, has launched to financial advisers. SuitabilityHub is a one-stop shop that drills down on platform providers' offerings ...