Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 711 - 720 of 2185 results for "Financial Year"

UniSuper revises fees for TTR members

KARREN VERGARA  |  FRIDAY, 30 OCT 2020
... UniSuper wrote to members: "You will see a difference in the description and calculation of fees and costs for the financial year ending 30 June 2019 and 30 June 2020." "This is because our trustee has elected to opt into a revised fees and costs disclosure ...

First strike at Pengana LIC

KANIKA SOOD  |  THURSDAY, 29 OCT 2020
... is not remunerated by PIA. The director's fees for non-executive directors have remained constant since the 2018 financial year, when they were reduced by 23%."

ASIC's Chester spills Crennan truth

ANNABELLE DICKSON  |  WEDNESDAY, 28 OCT 2020
... appears that ANAO in fact had identified this issue of Mr Crennan's travel allowance payments in a previous financial year had brought it to the attention of ASIC and nothing was done about it," he said. "It is not normal for the auditor-general ...

Rest increases admin fees

JAMIE WILLIAMSON  |  MONDAY, 26 OCT 2020
... Capital Stable, Balanced, Diversified, High Growth, Basic Cash and Property options have reduced. "At the end of each financial year, Rest reviews the investment fees members pay for each Rest investment option. Actual costs from the past year are used ...

Ask and you shall receive

ELIZA BAVIN  |  MONDAY, 26 OCT 2020
... accesses the scheme, 1.3 million of which have accessed it twice taking advantage of the second tranche when the new financial year ticked over in July. There have been calls for a higher level of scrutiny over the scheme to ensure that only those who ...

Alternatives win big mandates

KARREN VERGARA  |  THURSDAY, 22 OCT 2020
Alternatives asset managers won the most mandates last financial year, marking their best period yet, according to new research. Rainmaker's Mandate Chaser shows the last 12 months to June 2020 were busy for alternatives managers, experiencing a ...

Future Fund asked to table detailed fee spend

KANIKA SOOD  |  WEDNESDAY, 21 OCT 2020
... class. Future Fund's total fee spend has inched down in the last three years from 1.57% to 1.13%. The recent financial year saw the spend plunge 23% as performance fees went down during COVID-19. September quarter results saw 1.1% in returns, and ...

Future Fund slashes fees

KARREN VERGARA  |  TUESDAY, 20 OCT 2020
... is paying less in fund management fees as it pivots toward more passive investment strategies. During the last financial year, the fund paid $224.7 million to external investment managers, nearly a quarter (23%) less than the total payout in FY18 of ...

UBS, Insight IM win Future Fund mandates

KARREN VERGARA  |  MONDAY, 19 OCT 2020
UBS and Insight Investment Management won significant mandates last financial year, helping manage the equities portfolio for the $161 billion Future Fund. According to the sovereign wealth fund's FY20 annual report, UBS won an Aussie equities ...

ASX200 advance climate targets

ANNABELLE DICKSON  |  MONDAY, 19 OCT 2020
... scenario being a 1.5 degree pathway. A further 28 are completing the scenario analysis or have it planned for the next financial year. The research benchmarks all corporate disclosures filed up to 31 March 2020 and has been released as companies start ...