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Showing 51 - 60 of 167 results for "Investment fees"

AMP launches retirement product

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... PDS shows. The five-year option invests mainly in Australian and international shares (up to 85%) and charges investment fees of 0.60% p.a. and guarantee fees of 1.25% p.a. deducted from the balance. Investors that opt to "lock in" can keep investment ...

Mercer restructures fees, asset allocation

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... structure. For members of Mercer SmartPath born before 1964, growth allocation assets will go from 50% to 60%. Investment fees for these members will increase from 0.33% to 0.38%. Mercer will delay to the start of the reduction to growth exposure from ...

Industry fund names new group insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 NOV 2020
... insured members, ensuring the offering was sustainable and equitable. The super fund also made changes to its investment fees, effective this month, which eventuated from increased indirect costs because of additional trading costs incurred from investment ...

LGIAsuper alters asset allocations

KARREN VERGARA  |  TUESDAY, 10 NOV 2020
... Queensland. "We are also working the assets harder, increasing the flexibility of the investment program and cutting investment fees, as every dollar we save in fees flows straight to members," Rieck said.

Spaceship delivers for millennials

KARREN VERGARA  |  TUESDAY, 3 NOV 2020
... charges admin fees of $117 per year ($2.25 per week) and 0.04% based on the account balance, as well 0.60% of investment fees deducted from the member's total balance. Spaceship's flagship GrowthX option (invested in 88% listed equities) charges ...

Industry fund flags fee cuts

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
A $64 billion industry super fund has flagged a reduction in estimated investment fees and costs across most of its investment options. Sunsuper said a number of investment options have experienced a change in estimated investment fees and indirect ...

Rest increases admin fees

JAMIE WILLIAMSON  |  MONDAY, 26 OCT 2020
... "support the delivery of insurance products and services to members". "Rest also receives a tax deduction for investment fees and expenses, and we will continue to pass the benefits of these deductions onto you," the fund said. The fund is also removing ...

Industry fund updates investment fees

ELIZA BAVIN  |  THURSDAY, 22 OCT 2020
An industry super fund has bumped up its fees on some investment options due to the effects of COVID-19 market volatility. Australian Catholic Superannuation Retirement Fund (ACSRF) said the changes are set to come into effect on November 1. "Due to ...

Future Fund asked to table detailed fee spend

KANIKA SOOD  |  WEDNESDAY, 21 OCT 2020
... at the budget estimates hearings this morning. "Can you go through each investment class and outline the total investment fees [or] the management expense ratio equivalent for each of the investment classes or each asset class?" Ayers asked. "We don't ...

AMP Capital Ethical Leaders loses another mandate

ELIZABETH MCARTHUR  |  THURSDAY, 24 SEP 2020
... ESSSuper's growth option and 30% allocation to its shares only option. As a result, from 16 September 2020 investment fees for members in the ESSSuper Ethically Minded Option have been temporarily decreased from 0.73% per annum to 0.47% per annum ...