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Showing 901 - 910 of 3670 results for "Options"

APRA to weed out underperforming choice products

KARREN VERGARA  |  FRIDAY, 29 OCT 2021
Choice products charge significantly higher and tend to underperform compared to MySuper options, new analysis by APRA finds. Ahead of unveiling the inaugural Choice Product Heatmap, the prudential regulator released staggering statistics that will ...

ACSRF expands digital partnership

KARREN VERGARA  |  FRIDAY, 29 OCT 2021
... meaning the maximum fee for each member is now $1520 per financial year. This is down from $2000. For investment fees, most options saw a 0.01% reduction. "Our goal is to help our members achieve the best retirement outcomes," Cantor said. "As a profit-to-member ...

AMP adds options to MyNorth

ANNABELLE DICKSON  |  FRIDAY, 29 OCT 2021
... managed funds. The additions will be available to advisers and their clients from November 29 and build on the 20 new options that were added last month. AMP expects more options to launch next month resulting in a total 150 investments added to the ...

LGIAsuper, Energy Super change fees

ANNABELLE DICKSON  |  WEDNESDAY, 27 OCT 2021
... administration fee by 33%, to just $1.00 per week per account. We also reduced the estimated investment fees for all ready-made options including MySuper and some of our single asset class options." The superannuation fund is in the process of acquiring ...

Super executives switching options in conflict: ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 OCT 2021
... preventative controls such as trade pre-approvals or switching blackout periods to limit executives' ability to switch investment options. And many trustees did not have mechanisms in place at all to regularly review switching activity by their directors ...

Australian corporate bond overhaul

ELIZABETH MCARTHUR  |  TUESDAY, 26 OCT 2021
... to further enhance domestic and international investment through the growth of the corporate bond market. Investigate options to remove barriers inhibiting the investment of superannuation in the Australian corporate bond market. All the recommendations ...

Harvey Kalman joins Raiz

ELIZABETH MCARTHUR  |  MONDAY, 25 OCT 2021
... experience will allow me to make a valuable contribution to the company." Prior to joining, Kalman was granted 200,000 unlisted options under the company's long term equity incentive plan. The options vest on 31 October 2024 and are exercisable at A$2.302 ...

Six Park hires operations chief

KARREN VERGARA  |  THURSDAY, 21 OCT 2021
... the globally diversified ETFs used in Six Park's standard portfolios. This year, it launched its first sustainable options with Summerhill Financial Services, a Melbourne advice firm, and partnered with Zella Wealth's Victoria Devine to launch ...

Default MySuper fees drop to 1%: Rainmaker

JAMIE WILLIAMSON  |  WEDNESDAY, 20 OCT 2021
... see super funds rethinking their investment strategies, even indexing large portions of FUM. At present, indexed super options charge an average of just 0.12%. "This pressure on super fund fees, if it stays on its current track, could mean that in five ...

TWUSUPER cans merger plans

JAMIE WILLIAMSON  |  THURSDAY, 14 OCT 2021
TWUSUPER has decided to not proceed with its planned merger with EISS Super, saying it will pursue other options. In a statement this morning, TWUSUPER advised the merger will not go ahead, saying: "Any merger must be in members' best interest." ...