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Showing 671 - 680 of 9371 results for "Fee"

SMA Reporting Standard launches

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
The SMA Reporting Standard (SMARS) has launched to address the complexities and confusion over fee structures in the separately managed accounts (SMAs) sector. SMARS is spearheaded by the Adviser Ratings Group and operates as a separate entity, SMA ...

GCQ enters ETF market, expands sales team

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
Doug Tynan's GCQ Funds Management joins a growing number of active managers to enter the exchange-traded fund sector. The Sydney-based firm's flagship fund will trade on the ASX as an active ETF providing investors with access to GCQ's concentrated ...

Perpetual profits dented after KKR deal goes up in smoke

ANDREW MCKEAN  |  THURSDAY, 27 FEB 2025
... its dead KKR deal. Notably, Perpetual's board scrapped the KKR deal earlier this week. However, KKR insists that a break fee is still owed and has reserved the right to pursue further damages - a claim Perpetual rejects. However, as a result, Perpetual's ...

'Less revenue for us': AustralianSuper on closing multiple accounts

ELIZA BAVIN  |  THURSDAY, 27 FEB 2025
Fronting the Senate Economics Committee, the Australian Securities and Investments Commission (ASIC) confirmed internal communications between staff at AustralianSuper played a significant role in shaping its case against the super fund. Senator Andrew ...

Advisers grapple with AI, require support: Survey

KARREN VERGARA  |  THURSDAY, 27 FEB 2025
... to detect the client signatures in prepopulated PDF consent forms, resulting seamless processing and same-day execution of fee consent submissions." In the last 12 months, HUB24 also administered and reported on off-platform assets via limited power ...

ASIC turns up the heat on private markets

KARREN VERGARA  |  WEDNESDAY, 26 FEB 2025
ASIC is setting its sights on the private markets sector, flagging it will pay particular attention to the surging popularity of opaque private debt investments. The regulator lays out its concerns in discussion paper, Australia's evolving capital ...

Macquarie shutters 30-year-old fund

MATTHEW WAI  |  TUESDAY, 25 FEB 2025
... assets and aimed to outperform the Morningstar AUS Mod Tgt Alloc NR Australian dollar index. It charged a total investment fee of 0.82% per annum and required a minimum initial investment of $100,000. The fund returned 6.41% for the past 12 months as ...

ASIC clearing and settlements powers to curb ASX monopoly

KARREN VERGARA  |  TUESDAY, 25 FEB 2025
In a bid to curb monopolistic practices, ASIC's new powers that mandate the ASX to be more transparent on its fees and services relating to clearing and settlements (CS) will kick in three months from now. Under the ASIC CS Services Rules 2025 ...

Treasury drafts superannuation retirement income principles

ANDREW MCKEAN  |  MONDAY, 24 FEB 2025
A confidential Treasury draft proposal obtained by Financial Standard outlines voluntary principles for the design and delivery of superannuation retirement income solutions, extending beyond the obligations of the Retirement Income Covenant. The principles ...

Perpetual calls off KKR deal

KARREN VERGARA  |  MONDAY, 24 FEB 2025
... Perpetual board therefore has withdrawn its recommendation in favour of the transaction that has now terminated with no break fee payable in accordance with the Scheme Implementation Deed (SID). "KKR has asserted that a break fee is payable and has reserved ...