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Showing 71 - 80 of 183 results for "Investment fees"

Spaceship delivers for millennials

KARREN VERGARA  |  TUESDAY, 3 NOV 2020
... charges admin fees of $117 per year ($2.25 per week) and 0.04% based on the account balance, as well 0.60% of investment fees deducted from the member's total balance. Spaceship's flagship GrowthX option (invested in 88% listed equities) charges ...

Industry fund flags fee cuts

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
A $64 billion industry super fund has flagged a reduction in estimated investment fees and costs across most of its investment options. Sunsuper said a number of investment options have experienced a change in estimated investment fees and indirect ...

Rest increases admin fees

JAMIE WILLIAMSON  |  MONDAY, 26 OCT 2020
... "support the delivery of insurance products and services to members". "Rest also receives a tax deduction for investment fees and expenses, and we will continue to pass the benefits of these deductions onto you," the fund said. The fund is also removing ...

Industry fund updates investment fees

ELIZA BAVIN  |  THURSDAY, 22 OCT 2020
An industry super fund has bumped up its fees on some investment options due to the effects of COVID-19 market volatility. Australian Catholic Superannuation Retirement Fund (ACSRF) said the changes are set to come into effect on November 1. "Due to ...

Future Fund asked to table detailed fee spend

KANIKA SOOD  |  WEDNESDAY, 21 OCT 2020
... at the budget estimates hearings this morning. "Can you go through each investment class and outline the total investment fees [or] the management expense ratio equivalent for each of the investment classes or each asset class?" Ayers asked. "We don't ...

AMP Capital Ethical Leaders loses another mandate

ELIZABETH MCARTHUR  |  THURSDAY, 24 SEP 2020
... ESSSuper's growth option and 30% allocation to its shares only option. As a result, from 16 September 2020 investment fees for members in the ESSSuper Ethically Minded Option have been temporarily decreased from 0.73% per annum to 0.47% per annum ...

Ethical super fund overhauls fees

ELIZABETH MCARTHUR  |  TUESDAY, 22 SEP 2020
... change its fees from 1 October 2020, in a move that the fund says should lower the cost over all for members. Investment fees will reduce from 1.25% per annum to 0.93% per annum. Admin frees will increase slightly from $52 per annum plus 0.64% to $52 ...

Super fund overhauls performance on red rating

KARREN VERGARA  |  TUESDAY, 15 SEP 2020
... average age of 46 years old and $180,000 in super. Collins flagged that improved outcomes as a result of reduced investment fees and indirect costs will be reflected in APRA's next iteration of the heatmaps. "We expect these benefits will continue ...

Industry fund reduces fees

KARREN VERGARA  |  MONDAY, 31 AUG 2020
... and reduced indirect costs for some investment options. Non-pension members in the following options will see investment fees and the indirect cost ratio decrease: My Ethical Super (from 1% to 0.89%), Ethical Growth Plus (1.02% to 0.98%) and Ethical ...

Sunsuper announces investment, insurance changes

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
Sunsuper is making a raft of changes to its investment fees and costs, transactional and operation costs and the definition of Total & Permanent Disability (TPD). Effective 1 July 2020, Sunsuper updated their fees and costs. Overall, the fees and costs ...