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Showing 61 - 70 of 214 results for "Investment fee"

LGIAsuper overhauls insurance, closes product

ELIZA BAVIN  |  MONDAY, 22 MAR 2021
... members behalf and be continually reviewed and adjusted. The target return of 3% per year as well as the risk, investment fee and indirect cost ratio remain the same as the Lifecycle product.

NGS strengthens ESG, ups fees

ELIZABETH MCARTHUR  |  MONDAY, 8 MAR 2021
... from April 1. Admin fees of $65 a year plus 0.10% of members' account balances will remain the same but the investment fee of 0.56% per annum will increase to 0.76%. The SRD option had a rough 2020, returning -0.83%. In 2019 the option returned 6.54%. ...

Super fund halves admin fees

JAMIE WILLIAMSON  |  WEDNESDAY, 3 MAR 2021
An $11.2 billion superannuation fund will halve its administration fees later this month. Mine Super is reducing its MySuper administration fees by a whopping 50%, dropping to $52 per year from $104. "We know the fees you pay today can make a big difference ...

Hostplus axes manager

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 DEC 2020
... fees. Balanced Equity Management - Australian Shares has a management fee of 0.13%, no performance fee and a total investment fee of 0.13%. The Australian shares option has a management fee of 0.37%, a performance fee of 0.06% and a total investment ...

Future Super cuts fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 DEC 2020
... Balanced Index option is reducing from 0.65% per annum to 0.554% per annum. The flat fee of $93.60 a year and the investment fee of 0.20% will remain the same. The Future Super Balanced Impact and Future Super Renewables Plus Growth options will enjoy ...

AMP launches retirement product

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
AMP has launched a new retirement product that guarantees the return of capital regardless of market volatility. Available on its MyNorth platform, MyNorth Guarantees aim to help investors nearing retirement protect their nest egg against sequencing ...

Mercer restructures fees, asset allocation

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
Mercer is introducing a series of changes to its default and lifecycle products, which includes slashing administration fees and simplifying fee structures. From 1 April 2021, Mercer Super Trust will drop two sets of headline admin fees. MySuper members ...

Industry fund names new group insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 NOV 2020
Australian Catholic Superannuation and Retirement Fund has ended its longstanding relationship with OnePath, naming a new group insurer to take over in the New Year. The $9 billion industry fund said it undertook a comprehensive review and tender process ...

LGIAsuper alters asset allocations

KARREN VERGARA  |  TUESDAY, 10 NOV 2020
The $13 billion superannuation fund has made changes to its investment strategy, which included reducing exposure to property and global shares and introducing a new asset class. As of November 1, LGIAsuper reduced its exposure to property, traditional ...

Spaceship delivers for millennials

KARREN VERGARA  |  TUESDAY, 3 NOV 2020
Spaceship is the best-value superannuation for younger members, which, based on new research, is outperforming its competitors by a long shot. Rainmaker's newly-released June 2020 Benchmarking report found Spaceship outclassed its peers in terms ...