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Showing 51 - 60 of 214 results for "Investment fee"

Cbus hires from APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUL 2021
The head of investment risk at APRA is taking on a newly created role at the $63 billion industry fund. Mark Ferguson joined Cbus this week as its head of total portfolio management; a new role in support of the fund's efforts to internalise investments. ...

Qantas Super introduces passive option, drops fees

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JUN 2021
... Bank Bill Index. With a target return of CPI plus 3.5% over seven years, after tax and fees, members will pay an investment fee of 0.16%. For comparison, Rest's indexed options don't charge an investment fee, while LUCRF Super's passive options ...

Catholic Super to drop fees

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
The investment fees paid by Catholic Super members are set to drop by up to 20% as its joint venture with Equipsuper becomes a legal successor fund transfer. With the SFT set to finalise on June 30 and all Catholic Super members to transfer from the ...

Media Super ups fees, premiums

ELIZABETH MCARTHUR  |  THURSDAY, 13 MAY 2021
... administration fee from $1.25 to $2 a week, effective from 1 July 2021. It will also increase its fixed percentage investment fee in the moderate growth option from 0.03% to 0.05%. The fund for those working in the media and printing industries, which ...

YFYS incentive to reduce fees: Hume

ANNABELLE DICKSON  |  THURSDAY, 13 MAY 2021
... test assessment," Dunnin said. "But if the fee 'reduction' was really nothing more than the fee load swapping from investment fee side to the administration fee side, then fees didn't lower - they were just arbitraged. "This new measure by the government ...

Sunsuper raises ICR by 19bps

KANIKA SOOD  |  MONDAY, 10 MAY 2021
Sunsuper is raising the indirect cost ratio for its Balanced option by 19bps, attributing it to better performance since COVID-19. Sunsuper's balanced option currently charged ICR of 40bps per year, which totals $200 for every $50,000 invested. ...

The other side of the ETP growth story

ELIZABETH MCARTHUR  |  WEDNESDAY, 5 MAY 2021
There is another side to the exponential growth exchange traded products have enjoyed; not every manager will be able to get in on the action, and legacy unit trusts will likely lose out. Rainmaker head of investment research John Dyall, speaking at ...

Cbus appoints head of advice

ELIZABETH MCARTHUR  |  THURSDAY, 29 APR 2021
... management process and the transparency around what we do and how we do it. We have also delivered significant investment fee savings for our members over the last few years."

Defined benefit fund in SFT

ELIZABETH MCARTHUR  |  FRIDAY, 23 APR 2021
... costs, however, will change. This will involve a change from crediting rates to unit pricing. Currently there is no investment fee in the FMIC fund but following the transfer to Mercer Super Trust the investment fee will be 0.30%. The estimated indirect ...

Guild Super chooses new administrator

ELIZABETH MCARTHUR  |  THURSDAY, 22 APR 2021
... Building and Growing MySuper options fees decreased by one basis point each and the Consolidating MySuper option investment fee decreased by three basis points. Additionally, Guild Super changed its policy on partial rollouts. Members can now only partially ...