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Showing 701 - 710 of 4938 results for "fees"

Labor advances super performance test changes

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... account the nature of different trustee-directed products (TDPs) Jones is introducing changes to representative administration fees and expenses or RAFE for platform TDPs. These will be compared against the median RAFE of other platform TDPs. The investment ...

VanEck reduces management fees on ETFs

CASSANDRA BALDINI  |  MONDAY, 19 JUN 2023
The investment manager will drop fees to 0.20% for its VanEck FTSE Global Infrastructure Hedged ETF (IFRA) and VanEck FTSE International Property Hedged ETF (REIT). IFRA is currently priced at 0.52% p.a. and REIT is currently 0.43% p.a. but will be ...

Property market peril to continue: Quay Global Investors

CASSANDRA BALDINI  |  FRIDAY, 16 JUN 2023
... expanded 29bps from 5.28% to 5.57%." Bedingfield explained the problem with fund managers, like Charter Hall, is they earn fees on assets but if the assets drop issues arise. "That's the business model," he remarked. "I was a bit surprised by the ...

AMP rolls out new North features

CHLOE WALKER  |  THURSDAY, 15 JUN 2023
... template contains pre-formatted tables and charts detailing current and proposed investment holdings, as well as a summary of fees, portfolio valuation and asset allocations. It also allows advisers to include their clients' proposed target risk ...

Australian Ethical selects new administrator

ANDREW MCKEAN  |  THURSDAY, 15 JUN 2023
... around 30% over the first half result, ranging from $6.3 to $6.8 million. This will see a full-year UPAT, before performance fees for the year ending 30 June 2023 of $11.3 to $11.8 million. "Stronger revenue and disciplined cost management have contributed ...

Industry bodies respond to QAR recommendations

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... Consumers Australia director Xavier O'Halloran said its cautious approach recognises that most retirees will pay more in fees during their retirement than they did during their working lives. "With that much in fees from retirement products on the ...

Treasury to scrap advice admin burdens, boosts intra-fund advice

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... to decide how to charge members for personal advice they provide to members and the restrictions on collective charging of fees should be removed," she said. "The new best interests duty would be a true fiduciary duty that reflects the general law and ...

Perth-based Ponzi scheme shut down by court

JAMIE WILLIAMSON  |  FRIDAY, 9 JUN 2023
... unlicensed financial adviser" - also used some of the money for personal expenses, while also collected more than $1 million in fees for the "advice". This occurred between March 2017 and December 2020, and her husband Sadu Singh was also a director ...

Vanguard reduces fees on VAS

CASSANDRA BALDINI  |  THURSDAY, 8 JUN 2023
The investment giant has reduced management fees for the Vanguard Australian Shares Index ETF (VAS) from 0.10% to 0.07% per annum. The fee change will be effective from July 3 and follows a periodic review of Vanguard's pricing and funds. "At Vanguard ...

Super funds pursue merger, chief executive chosen

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUN 2023
... Darmanin said Rowe's tenure with the fund has seen it become one of the most efficient super funds in Australia, citing fees and returns. "On top of that record of strong performance and lowering costs, Stephen has experience with multiple transitions ...