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

Search Results

Showing 811 - 820 of 9371 results for "Fee"

ASIC cans timeshare company AFSL

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
ASIC cancelled the AFS Licence (AFSL) of timeshare company Ultiqa Lifestyle Promotions, which has been in trouble in the past for providing bad financial advice. Ultiqa's failure to pay an Australian Financial Complaints Authority (AFCA) determination ...

Asset managers need to improve performance: Morningstar

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2024
... with shareholder interests, and increase investments in distribution." The report found that structural challenges such as fee compression, wage inflation, and the need for business development investments continue to pressure profit margins. "We believe ...

ESSSuper shifts members to new default option

KARREN VERGARA  |  MONDAY, 21 OCT 2024
ESSSuper is moving members in its default investment option to the newly launched Balanced Growth Managed option. Members currently in the Balanced option will move to the Balanced Growth Managed option for Accumulation Plan and beneficiary accounts ...

IAM announces new product, appointment

ELIZA BAVIN  |  MONDAY, 21 OCT 2024
... even the highest yielding ABS and RMBS have virtually never lost investors a cent." The new offering comes with a management fee of 0.35% a year, with IAM saying it provides investors with cost-effective access to primary and secondary market offerings. ...

CBA's conviction on December rate cut has 'dipped'

ELIZA BAVIN  |  FRIDAY, 18 OCT 2024
Commonwealth Bank (CBA) head of Australian economics Gareth Aird conceded the stronger than expected unemployment data released yesterday does not strengthen the case for the Reserve Bank of Australia (RBA) to start cutting interest rates. Additionally ...

Australian Ethical FUM nears $13bn

MATTHEW WAI  |  FRIDAY, 18 OCT 2024
Australian Ethical has recorded a 24% growth in funds under management so far this financial year, fuelled by its acquisition of Altius Asset Management. Australian Ethical has $12.95 billion in funds under management (FUM) as at September end. About ...

Perks announces new acquisition

ELIZA BAVIN  |  FRIDAY, 18 OCT 2024
Adelaide-based financial services and accounting firm Perks has acquired local accounting and business services company, GPK Holdich. Perks said the partnership will further strengthen the firm's position as one of Australia's largest independently ...

Betashares expands Wealth Builder suite

JAMIE WILLIAMSON  |  THURSDAY, 17 OCT 2024
... have reached the concessional contribution cap might like to use GNDQ to increase their exposure to US stocks. The management fee is 0.50% per annum. "We are pleased to expand our Wealth Builder range with the launch of GNDQ, giving investors a valuable ...

Super fund fees exploit Australians' low financial literacy

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
... insurance premiums, activity fees and performance fees. However, only 1% of Australians are aware that there are up to six fee types that most funds charge, including a performance fee charged by some. In 2021, Australians paid over $32 billion in fees ...

Aussies struggle with financial goals: Generation Life

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
Australians are finding it hard to achieve their financial goals because of inflation, the cost of living, and a complex investment landscape that's characterised by ongoing policy change, according to Generation Life research. While those with a financial ...