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Showing 71 - 80 of 237 results for "Lower fees"

Fees fall after super mergers: Research

JAMIE WILLIAMSON  |  FRIDAY, 4 SEP 2020
... the more expensive fund's fees were lowered, with members seeing an average fee drop of 21%. For the fund with lower fees going into the merger, seven of the 11 saw an average reduction of 5%. Meanwhile, nine of the 11 funds saw fees drop or stay ...

Industry fund reduces fees

KARREN VERGARA  |  MONDAY, 31 AUG 2020
... of 1 October 2020. The majority of Christian Super's 28,000 members will benefit from asset allocation changes, lower fees paid to investment managers, and reduced indirect costs for some investment options. Non-pension members in the following options ...

FSC calls for scaled advice model

ALLY SELBY  |  TUESDAY, 11 AUG 2020
... legacy systems to increase domestic business investment. This would transfer customers to contemporary products to lower fees, increase competition, improve product disclosure and reduce technology risk, the FSC said. It also recommended the government ...

Global boutique reduces fees

ELIZA BAVIN  |  MONDAY, 15 JUN 2020
... from 1.10% to 0.96%. Laird Abernethy, GQG Partners' managing director of Australia & New Zealand, said the decision to lower fees is in line with the firm's client alignment philosophy. "GQG Partners was founded with the objective of becoming the most ...

First State Super and WA Super in merger talks

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
... value alignment and an absolute commitment to putting our members first." She added that the merger could result in lower fees for members. "The past 12 months has seen unprecedented consolidation in the Australian superannuation industry, and I expect ...

ETF popularity soars 52%

ALLY SELBY  |  FRIDAY, 28 FEB 2020
... respectively, in 2019," Zaychuk said. "With global central banks keeping interest rates low in conjunction with the promise of lower fees for passive vehicles, demand for fixed interest ETFs could persist." There are currently 30 fixed interest ETFs ...

Robo-advice to be worth US$1.4 trillion

ELIZABETH MCARTHUR  |  TUESDAY, 4 FEB 2020
... robo-advisory market grew out of the 2008 financial crisis as small investors looked for wealth managers who charged lower fees, at a time of historic low interest rates on savings," the LearnBonds.com analysis said. "US startups Betterment and Wealthfront ...

Greater potential for smart beta: Research

ELIZA BAVIN  |  THURSDAY, 19 DEC 2019
... products being 0.43%pa compared with 0.24% pa for market-cap weighted index products. "Interestingly, there is a trend to lower fees in both segments. If you calculate the average fee weighted by 12-months flows instead of FUM the average for smart beta ...

CFS culls grandfathered commissions, slashes fees

KANIKA SOOD  |  FRIDAY, 6 DEC 2019
... turn off grandfathered commissions for these, and also revise down the fees. Culling grandfathered commissions will lower fees for members by an average of 0.44% per year. The changes in investment management fees will take the total fee cuts to 0.55% ...

Adviser tampered with MySuper

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... representative of Aon Hewitt Financial Advice from July 2011 to November 2018. The Aon Master Trust MySuper product has lower fees and costs than its legacy default super product - party because MySuper products are prohibited from paying commissions ...