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Showing 71 - 80 of 255 results for "PDS"

New super fund tests waters

KARREN VERGARA  |  THURSDAY, 15 AUG 2019
... promises members more transparency and better ways to deal with their superannuation provider. While Super Life does not have a PDS as yet, it aims to invest in "women-friendly companies." Financial education will be a centrepiece of the start-up's offering. ...

Corporate fund updates members on fee changes

KARREN VERGARA  |  FRIDAY, 19 JUL 2019
... investment fees decrease from 0.56% to 0.50%. Its estimated transaction costs went down from 0.14% to 0.13%. According to the PDS, the standard risk measure (SRM) for the fixed interest investment option has increased from a rating of medium or four ...

Small caps boutique shuts doors

KANIKA SOOD  |  WEDNESDAY, 10 JUL 2019
... management fee plus 15.38% performance fee on the amount by which it exceeded the returns of S&P/ASX Small Ords, according to a PDS from March last year. Last month, another Sydney small caps manager announced its plans to shut down, sending Zurich Investments ...

PDS should reflect PYSP changes: ASIC

KARREN VERGARA  |  MONDAY, 24 JUN 2019
ASIC is reminding superannuation funds to update product disclosure statements to disclose exit fees will no longer be charged under the 1 July 2019 changes. ASIC has amended Class Order 14/1252 to align with the Treasury Laws Amendment (Protecting ...

Future Super to offer investment app

HARRISON WORLEY  |  FRIDAY, 21 JUN 2019
... investment will generate its returns from exposure to different infrastructure projects and other underlying assets," the PDS said. The fund will invest across loans and debt securities, listed and unlisted equities and cash. One Managed Investment Funds ...

Superannuation fund tweaks fees

KARREN VERGARA  |  THURSDAY, 13 JUN 2019
... option will reduce by more than half to 0.17%. Meanwhile, the variable administration fee will increase to 0.27%. The current PDS shows the variable portion of admin fees sits at a 0.20% expense recovery cost capped at $914.22. The new laws will also ...

Millennial super products still just hype

KANIKA SOOD  |  WEDNESDAY, 12 JUN 2019
... manner although this is slowly improving," Russell writes. "On top of this, while all active open products disclose their PDS very few publish their own annual reports." "This ill-defined governance structure is despite the relatively high fees charged ...

Super startup to relaunch

HARRISON WORLEY  |  TUESDAY, 30 APR 2019
... parental leave. The fund also claims to offer cheaper fees than industry superannuation funds. According to FairVine's PDS, members will be charged an administration fee of 1.09% per annum, and an indirect cost ratio of 0.11% per annum. The buy-sell ...

Boutique fund manager launches LIT

KARREN VERGARA  |  MONDAY, 29 APR 2019
... annum of the fund's NAV. A 20% performance fee (plus GST) is charged based on the portfolio's outperformance, the PDS shows. Regal chief investment officer Phil King said a lot of Australians are overexposed to property and equities, and they ...

Technical Services Forum: Keep advisers informed of change

HARRISON WORLEY  |  THURSDAY, 11 APR 2019
... products have social security benefits. "I think there's something there to do around that. We've got a brand new PDS that's coming out, we've got a new order of priority in terms of the quote that an adviser will go through," Lowe said. ...