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Showing 61 - 70 of 4935 results for "fees"

Virgin Money Super increases administration fees

MATTHEW WAI | FRIDAY, 13 FEB 2026

The changes are coming into effect on April 1 and will see a member with $50,000 charged $388 in total fees per year. From April 1, Virgin Money Super's asset-based administration fee will increase from 0.394% p.a. to 0.424% p.a. For a member with a ...

GQG reports increased FUM despite $5.5bn outflows

ELIZA BAVIN | FRIDAY, 13 FEB 2026

... 2021, we have grown FUM by more than 81%." Net revenue also increased 6.3% to $1.14 billion (US$808.3m), driven by management fees from growth in average FUM which increased to $231 billion (US$164.3bn), up 10.8%. Net operating income increased 7.6% ...

Allianz Retire+ updates AGILE, slashes fees

KARREN VERGARA | TUESDAY, 10 FEB 2026

Unveiling several updates, Allianz Retire+ has slashed fees for its retirement income product AGILE to 0.30% p.a. as well as the wait period to commence the lifetime income. The product fee has dropped from 0.80% p.a. while the wait time to commence ...

ASIC bans adviser who stole from super accounts

JAMIE WILLIAMSON | FRIDAY, 6 FEB 2026

... fictitious client file notes detailing conversations which purported to record some of his clients' consent to having the fees withdrawn. Valvo was also charging most of the impacted clients monthly ongoing service fees at the same time, ASIC said. ...

Former AMP adviser banned over false documents

JAMIE WILLIAMSON | THURSDAY, 5 FEB 2026

... to record a meeting and dishonestly sign client consent forms before sending them to be processed. The conduct resulted in fees being deducted from the super accounts of four clients, despite the clients having not met with Nong or signed any documents ...

Advisers need more support: FAAA submission

ANGELIQUE MINAS | THURSDAY, 5 FEB 2026

... First Guardian as highlighting the need for more to be done to recover funds from those responsible, who have been hit with fees that they've avoided paying. "Critically, also, more needs to be done to reduce the prospect of these collapses in the ...

Super trustees told to up fraud protection game

MATTHEW WAI | WEDNESDAY, 4 FEB 2026

... and the government, and allow retirees to be paid super contributions into their retirement phase account to cut duplicate fees in the submission.

Member governed super boards deliver more: SMC

JAMIE WILLIAMSON | WEDNESDAY, 4 FEB 2026

... in additional value per typical member with a $50,000 balance, it quantified. SMC said it is the result of lower overall fees and greater efficiency, saying these funds have charged members less in administration and operating costs. Between 2004-2024 ...

Interprac ordered to pay $120k over Shield advice, blames Macquarie

MATTHEW WAI | TUESDAY, 3 FEB 2026

... understand the super platform and its investment menu. The adviser also did not seek an alternative fund that offered lower risk, fees and costs. "While the trustee of the Macquarie Super Fund has already compensated the complainant for the capital amount ...

CareSuper makes sweeping insurance changes

ELIZA BAVIN | WEDNESDAY, 28 JAN 2026

... members will be hit with higher insurance costs come April 1. The $60 billion super fund said after three years of holding fees steady, a rise in claims have made increases necessary. "At CareSuper, everything we do is for our members, and that includes ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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