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Showing 7491 - 7500 of 15800 results for "TER"

IOOF profits slide across all key businesses

ALEX BURKE  |  WEDNESDAY, 15 FEB 2017
IOOF reported declining profits across all key segments in 1H17, contributing to an overall 45% slide in statutory profit down to $74 million. The group's platform management and administration business took the biggest hit to underlying profit, falling ...

Bump in business confidence and conditions

BENJAMIN ONG  |  WEDNESDAY, 15 FEB 2017
Now that's more like it. The NAB monthly business survey showed both business confidence and conditions on the rise. Unlike the seemingly inconsistent result from the December survey - where business conditions gained 4 points while business confidence ...

Challenger hails major retirement partnership

ALEX BURKE  |  TUESDAY, 14 FEB 2017
Straight off the back of announcing record annuity sales of $2.2 billion in its half-year results, Challenger is partnering with an international investment manager to develop a global bond product for Australian retirees. The new partnership with Standard ...

Couples can benefit more than singles in SMSFs

EMMA RAPAPORT  |  TUESDAY, 14 FEB 2017
... savings to be made. Rainmaker estimates that for a single member with a balance of $500,000 the average total expense ratio (TER) is 0.82%, while for an individual in a two member fund with a balance of $500,000 the average TER is 0.58%. The cost difference ...

KISS selects SMSF compliance software provider

ALEX BURKE  |  MONDAY, 13 FEB 2017
Keep It Simple Super (KISS) will now use Simple Fund 360 and CAS 360 as its self-managed superannuation administration and corporate compliance software solutions. Both products are owned by BGL Corporate Solutions, whose managing director Ron Lesh ...

Trump matters

BENJAMIN ONG  |  MONDAY, 13 FEB 2017
Guess it isn't over till it's over folks! Trump and what he'll do next continue to dominate the headlines and Twitter-verse. So much so that only few gave a hoo-ha to central bank monetary policy announcements - the BOJ, the Fed, and the BOE met in ...

Fidante executes growth strategy

DARREN SNYDER  |  FRIDAY, 10 FEB 2017
Fidante Partners delivered on its expansion strategy this week with Avenir Capital joining the multi-boutique investment manager stable. Avenir Capital is an Australian-based global value manager that will now work alongside Fidante's domestic and international ...

Bonds aiding not-for-profit investors

JAMIE WILLIAMSON  |  FRIDAY, 10 FEB 2017
Bonds are increasingly popular among not-for-profit and charity organisations as they seek to make returns on donations in the face of low interest rates. The combination of scarce donor capital and historically low rates has placed NFP trustees and ...

Merlicek to retire, IOOF appoints new CIO

JAMIE WILLIAMSON AND DARREN SNYDER  |  THURSDAY, 9 FEB 2017
After eight years leading the IOOF investment team and strategy, chief investment officer Steve Merlicek is stepping down in June. The celebrated executive has been instrumental in delivering impressive fund performance, especially for IOOF's multi-manager ...

AMP cops short-term pain

JAMIE WILLIAMSON  |  THURSDAY, 9 FEB 2017
AMP's wealth management inflows took a hit in 2016 as its adviser network felt the impact of legislative reform. Cashflows in to the wealth management division were impacted by regulatory uncertainty which caused investors to be wary of contributing ...