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Showing 861 - 870 of 4942 results for "Fees"

Worst performing super funds named

CASSANDRA BALDINI  |  WEDNESDAY, 12 OCT 2022
... investment options offered by Australia's largest 90 super funds. The funds were assessed on how they performed after fees and compared to other super investment options of similar risk over five years. The data further analysed the success of funds ...

Super fund satisfaction takes hit

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
... interactions. "Acknowledging members' specific concerns in the current climate; transparent communication around investments and fees; and age-appropriate communication using their channels of choice, are key to building trust and loyalty," she said. ...

Global X drops management fees

CHLOE WALKER  |  WEDNESDAY, 12 OCT 2022
... investors with more cost-effective access to the US fixed income market, Global X ETFs Australia has reduced the management fees of two ETFs. Specifically, the management fee for Global X US Treasury Bond ETF (Currency Hedged) has been lowered from 0.3% ...

APRA flags concerns over fund sustainability

ANDREW MCKEAN  |  WEDNESDAY, 12 OCT 2022
... members are "moving to better performing funds and better performing funds typically have higher investment returns and lower fees; members are better off as a result of that consolidation." APRA executive director of superannuation Suzanne Smith elaborated ...

Retail the next frontier for private markets: Preqin

ANDREW MCKEAN  |  FRIDAY, 7 OCT 2022
... bargaining power will enhance the bargaining power of limited partners and put more pressure on general partners to lower fees if they are to secure commitments. Although the YFYS reforms also have the potential to inadvertently create perverse incentives ...

First Super: Merger pressure fizzles out

ELIZABETH FRY  |  FRIDAY, 7 OCT 2022
... giving over the longer term." Last year, First Super's private equity program returned almost 30% before tax and after fees. "So that's meaningful returns for our members with $3.8 billion of funds under management," he says. Overall, the chief ...

Future Generation expands Plato mandate

CHLOE WALKER  |  THURSDAY, 6 OCT 2022
... portfolio. Since inception, the fund has outperformed its benchmark (the MSCI World Net Returns Unhedged Index) by 10.19% gross of fees. This outperformance was against a backdrop of buoyant oil, gas, and coal prices, and the underperformance of many ...

NGS Super increases death, TPD premiums

JAMIE WILLIAMSON  |  THURSDAY, 6 OCT 2022
... costs available for insurance cover provided outside of superannuation." Meanwhile, the fund has also updated its estimated fees and costs for the year. It estimates the cost of its MySuper product will increase by $15 a year, up to $525. The cost of ...

Industry funding model discussion commences

JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2022
... appropriate. It also provides alternative options for distributing costs to sub-sectors, examples of adjusting fee-for-service fees, and questions whether charging fees for licence or registration cancellations is a disincentive to doing so. One thing ...

AMP cops $14.5m penalty over fees for no service

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
Five AMP companies will pay $14.5 million for charging close to 1500 superannuation members fees for no service over the course of about three years. The Federal Court handed the fine to AMP Superannuation, AMP Financial Planning, Charter Financial ...