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Showing 61 - 70 of 237 results for "Lower fees"

Equipsuper in another merger

KARREN VERGARA  |  TUESDAY, 2 MAR 2021
... the best of BOC Super but with enhanced benefits that Equip can offer, such as greater investment choice and likely lower fees," Lee said. In mid-2020, Equip finalised its merger with the Pitcher Retirement Plan, another corporate fund with $85 million ...

Mergers prompt 13% fee drop

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
... "Responsible super funds are looking to find merger partners so they can pass efficiency gains on to members in the form of lower fees," O'Halloran said. "While the mergers are encouraging, we hoped to see more underperforming funds opt to merge ...

To merge or not to merge?

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
... needs to be done in conjunction with members' best interests in mind, and noted bigger funds do not always lead to lower fees. "Smaller funds are delivering lower fees and better returns than some of the mega funds, so it's not that big is always ...

Local managed funds fee revenues shrinks

KANIKA SOOD  |  WEDNESDAY, 10 FEB 2021
... executive director of research and compliance Alex Dunnin said. "Investment managers will offer high-end customers lower fees, but customers usually have to negotiate these fee reductions case-by-case or choose an indexed fund." In the year, one in five ...

Future Super, Verve accused of misleading members

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 FEB 2021
... Diversa's business model. "If you want a world where all Australians are members of AustralianSuper, they will have lower fees but there will be other issues for the Parliament to consider," he said. He pointed to MAP and LESF Super's recent ...

HESTA hikes group insurance premiums again

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
... The changes come into effect on March 1. Within the standard cover, income protection is seeing three main changes: lower fees, higher monthly benefit payment (up from $475 to $500) and shorter benefit payment period (five-year cap, compared to previous ...

QLD super funds advance merger

KARREN VERGARA  |  TUESDAY, 22 DEC 2020
... billion. Energy Super chair Richard Flanagan said combining the funds would achieve further economies of scale to deliver lower fees to members, and accelerate the delivery of enhanced services and products. "The two funds share similar values and cultures ...

Retail superannuation funds grilled on member priorities

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
... digestible measures as imperfect as they might be." Further, if two members are getting the same outcomes, the one paying lower fees is ultimately "happier", Mulino said, so the onus is on super funds to justify charging sustained high fees, notwithstanding ...

Aware Super in-houses fund administration

KANIKA SOOD  |  TUESDAY, 27 OCT 2020
... technology, Aware Super plans to reduce its operating costs over time and pass on those savings to members through lower fees," the fund said. Aware will use them for superannuation, income stream, unit trust and advice offerings. Bravura will also provide ...

MySuper reforms could have downsides

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
... investment managers, they do not appear to generate commensurate benefits for plan sponsors via higher gross returns or lower fees," the research found. Hiring on the basis of performance is problematic too though. The research found past performance ...