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Showing 821 - 830 of 4942 results for "Fees"

MySuper heatmap reveals sub-par products

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
... However, around 800,000 members' accounts remain in underperforming products. Regarding MySuper products with high total fees and costs, Qantas Superannuation Glidepath was the only MySuper product to be labelled significantly high. Though, Australian ...

Adviser imprisoned for super fraud

CHLOE WALKER  |  THURSDAY, 15 DEC 2022
... superannuation funds. After funds were successfully released into the bank accounts, Goel retained up to 100% of the pay out in fees before forwarding the balance to the consumers. In September 2020, ASIC took civil action against Goel, restraining him ...

Global X launches global carbon ETF

CHLOE WALKER  |  WEDNESDAY, 14 DEC 2022
... government backed climate change targets." In addition to the launch, Global X is committing 10% of GCO2's annual management fees towards the Yarra Yarra Biodiversity Corridor 'Plant-a-Tree' program, which is creating a green corridor to reconnect coastal ...

More alpha gains through ops

ELIZABETH FRY  |  TUESDAY, 13 DEC 2022
... funds are constantly impacted by changing regulations and the growing complexity. "Funds mostly look at the reduction of fees paid to external managers. They save money on the headline fees, but they need to understand where they're saving money ...

Pinnacle's performance fee revenue could plummet

ANDREW MCKEAN  |  MONDAY, 12 DEC 2022
Pinnacle Investment Management Group (Pinnacle) expects its net share of performance fees to be potentially less than $1 million, down from $6.4 million in the corresponding period ending 31 December 2021. In an ASX announcement, Pinnacle said several ...

CBA increases Countplus indemnity to $520m

ANDREW MCKEAN  |  THURSDAY, 8 DEC 2022
... complete client assessments by 31 December 2022." "CBA have provided revised information to Countplus for the Count Financial fees for no service remediation program." The potential for further increases to the indemnity limit remains under certain defined ...

Barrenjoey launches social purpose fund manager

JAMIE WILLIAMSON  |  WEDNESDAY, 7 DEC 2022
... including from Partners Group, Bain Capital Credit and Varde Partners, and targets strong, risk-adjusted returns. The management fees of the fund, net of operating costs, will be donated to early-stage social purpose organisations. It's expected to grow ...

AMG Super to take on fledgling super product

JAMIE WILLIAMSON  |  TUESDAY, 6 DEC 2022
... of efficiencies that ease the pressure of rising costs upon members." Most members will see a reduction in administration fees as a result of the move, with fees dropping from $2 a week plus a plan management fee of 0.056% of the total assets in each ...

Delayed reforms put pensioners at risk: OECD

ANDREW MCKEAN  |  MONDAY, 5 DEC 2022
... governance as they surface, implementing measures to improve investment performance and fostering competition to better align fees with the costs of services provides, it added. Meanwhile, on employers' role in the provision of asset-backed pension ...

Australian Ethical lowers fees

ANDREW MCKEAN  |  FRIDAY, 2 DEC 2022
... super, transition to retirement and pension accounts, as well as the management fee on some of its funds. Regarding super fees, Australian Ethical dropped its conservative option to 0.61% from 0.69%, growth option to 1.01% from 1.11%, high growth option ...