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Showing 51 - 60 of 183 results for "Investment fees"

REI Super makes drastic fee changes

JAMIE WILLIAMSON  |  MONDAY, 11 OCT 2021
REI Super is overhauling the way it charges both administration and investment fees, with most members expected to pay less from October 28. Currently, the $2 billion industry fund charges administration fees as a flat $1.65 per week plus 0.25% of a ...

Australian Ethical overhauls longstanding fund

JAMIE WILLIAMSON  |  THURSDAY, 23 SEP 2021
... cash to provide long term growth with a high-risk rating. Now, it will aim to achieve 4.5% above inflation, after investment fees and indirect costs, and maintain the risk level. In addition to retail, wholesale and institutional investors, the fund ...

AMP reduces super fees

JAMIE WILLIAMSON  |  MONDAY, 20 SEP 2021
Members of AMP's super products will see savings across both administration and investment fees from October, with some set to make significant savings. As a result of consolidating its superannuation products from 11 to three, AMP's MySuper ...

NGS Super hikes fees

KANIKA SOOD  |  FRIDAY, 3 SEP 2021
... $12 billion industry fund raise annual fees on its MySuper option by 10bps, as it goes from charging 62bps in investment fees and 7bps in transaction costs per year to the new fee structure of 70bps for investments and 9bps. The high growth option will ...

Rest streamlines asset classes

JAMIE WILLIAMSON  |  TUESDAY, 31 AUG 2021
... Balanced will become 'medium to high', and Diversified will be rated 'high'. In estimating its investment fees for the year ahead, Rest said: "Estimated investment fees for Sustainable Growth, Bonds, Shares, Australian Shares and International ...

Stockspot hires from Vanguard

KANIKA SOOD  |  WEDNESDAY, 25 AUG 2021
... robo-advice is the average fees of just 0.3% p.a., based on a $10,000 investment. When combined with the embedded investment fees of the underlying ETFs, total fees are likely to be around 0.4% to 0.5% p.a. Vanguard is currently building a superannuation ...

Super fund reduces fees

JAMIE WILLIAMSON  |  MONDAY, 23 AUG 2021
A $10 billion industry superannuation fund dropped administration and investment fees for its 86,000 members. Australian Catholic Superannuation and Retirement Fund has reduced asset-based administration fees to 0.19% for each account balance, meaning ...

Robo advice potential skyrockets

ANNABELLE DICKSON  |  TUESDAY, 27 JUL 2021
... robo advice is the average fees of just 0.3% p.a., based on a $10,000 investment. When combined with the embedded investment fees of the underlying ETFs, total fees are likely to be around 0.4% to 0.5% p.a. These fees are slightly more than the fees ...

MySuper performance soars

ANNABELLE DICKSON  |  FRIDAY, 9 JUL 2021
... and therefore better outcomes for members but it may be hard to sustain the high performance. "We have reduced investment fees by $400M since 2017 which has helped add to our returns," Fok said. "Obviously we would love to see strong double-digit returns ...

Cbus hires from APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUL 2021
... top-quartile performance." The fund estimates its in-housing strategy has saved members about $400 million in investment fees over the last four years.