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Showing 671 - 680 of 4937 results for "fees"

Industry fund cuts insurance costs

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... as a crediting rate, applied to member accounts upon exiting the fund or as of June 30, post deduction of investment tax, fees, and costs. However, a recent review unearthed inaccuracies in the fund's earlier PDS, which mistakenly indicated that a monthly ...

Former advisers costs CBA $1.2bn in remediation

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2023
... provision for aligned advice remediation issues and program costs of $299 million, comprising $163 million for ongoing service fees remediation, $91 million for other remediation matters and $45 million for program costs. It paid $838 million customer ...

Charter Hall REIT cops $198m loss

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
... revaluation decrements from acquisition costs of $7.6 million and straight lining of rental income, amortisation of lease fees and incentives of $1.5 million. CLW has 444 properties classified as long weighted average lease expiry (WALE) retail out of ...

Pinnacle steadies FY23 profit, FUM

KARREN VERGARA  |  FRIDAY, 4 AUG 2023
... remained defensively positioned. "These significantly lower than normal flows have impacted FUM and flow-based distribution fees in Pinnacle parent. The lower than initially anticipated FUM has impacted management fee revenues in affiliates, relative ...

Raiz increases portfolio fees

KARREN VERGARA  |  TUESDAY, 1 AUG 2023
Micro-investing app Raiz has upped its fees on a range of its portfolios, with some increasing as much as 29%. The monthly maintenance fee for the Standard portfolios will increase from $3.50 to $4.50 for account balances of less than $20,000. For balances ...

CommSec launches global share trading platform

JAMIE WILLIAMSON  |  MONDAY, 31 JUL 2023
... Richard Burns said. CommSec has also reduced brokerage rates to start from US$5 for US equities. Aligned to this, brokerage fees for Australian share trading have also been reduced to $5 for trades of up to $1000. Finally, CommSec Pocket - which charges ...

Aware Super details new term deposit option

JAMIE WILLIAMSON  |  MONDAY, 31 JUL 2023
... invested with NAB. Members must maintain the greater of $10,000 or 10% of their account balance invested in another option for fees and premiums to be deducted. In detailing the offering, Aware also outlined the tax benefits, being that interest on term ...

New product lead at Equip Super

ELIZABETH FRY  |  FRIDAY, 28 JUL 2023
... Angelucci's hire is a bold move for Equip Super and follows the launch of the asset owner's refreshed brand, headlined by lower fees and improved investment options for members. The recruit brings a background in product development, strategic ...

Perpetual reports $212bn in AUM

ANDREW MCKEAN  |  THURSDAY, 27 JUL 2023
... Group integration, progress was deemed to be going well, with synergies tracking to plan. During the quarter, performance fees of $3.2 million were earned, mainly in Pendal strategies.

Macquarie reports decline in earnings amid weaker trading

ANDREW MCKEAN  |  THURSDAY, 27 JUL 2023
... projects in its asset management division. Macquarie Capital, the group's investment banking division, also saw a reduction in fees and commission income. However, this was partially offset by an increase in income from its private credit portfolio. ...