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Showing 911 - 920 of 4938 results for "fees"

Rest cuts administration fees

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
The industry fund has reduced asset-based administration fees across Rest Super, Rest Corporate and Rest Pension, saying its total fees are now at least 25% less than the industry average. Rest's asset-based admin fees, which are capped at $300, have ...

Retirement Income Covenant a win for advisers - but for how long?

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
... is controlled by not-for-profit funds. Further, Rainmaker analysis has previously shown that two-thirds of all the super fees - in dollars - a member will pay over the course of their life will be paid after they've retired. Couple this with their ...

AMP North caps fees to expand adviser footprint

ANDREW MCKEAN  |  TUESDAY, 28 JUN 2022
AMP is lowering the maximum administration fees charged for MyNorth Investment and MyNorth Super accounts on its North platform. According to an AMP statement, the new limits on administration fees as part of an effort to push further into the IFA market. ...

AMP wants life insurance caps raised, fees lowered

CASSANDRA BALDINI  |  MONDAY, 27 JUN 2022
AMP has called for the federal government to review life insurance model fees and caps placed on financial advisers, warning the current climate will lead to an underinsured population. The wealth manager picked at old wounds in its submission to the ...

Super trustees face rough seas ahead: Byres

ANDREW MCKEAN  |  FRIDAY, 24 JUN 2022
... analysis findings indicated that large super funds could more easily spread their costs over a wider membership base to keep fees lower. The analysis also showed that administration and operating expenses for large funds were significantly less than ...

IFM Investors launches climate transition fund

JAMIE WILLIAMSON  |  THURSDAY, 23 JUN 2022
... to decarbonise their Aussie equities portfolios and reduce climate risk without taking on significant tracking error and fees. It has already received investment from an unnamed industry super fund, the manager said. Benchmarked to the ASX 300, it offers ...

Squirrel Super to pay over false property claims

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
... compared to the cost of having a financial adviser select a series of managed funds. It claimed that the annual management fees associated with an $800,000 investment property totalled $2400 compared to $8800 for an $800,000 managed investment with an ...

Active Super kickstarts reward program

ANDREW MCKEAN  |  TUESDAY, 21 JUN 2022
... ongoing fee tied to the number of active users." Dunnin added. "In this way, Active Super claim their fund members incur no fees to participate in the programme, which is important given the trustees' Best Interests obligations. "Active Super fund ...

Advice requirements confusing, complex: JAWG

ANDREW MCKEAN  |  TUESDAY, 21 JUN 2022
... needed to satisfy the best interests duty. A profession-wide position on the tax deductibility of initial and ongoing advice fees and a review of the ASIC industry funding model was also prescribed. Of note, as previously reported on by Financial Standard ...

Westpac outlines new social initiatives

CHLOE WALKER  |  MONDAY, 20 JUN 2022
... service for childcare centre operators (as well as reduced equity requirements and competitive lending rates and establishment fees). "The New South Wales government recently announced a $5 billion childcare growth plan and other governments are pursuing ...