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Showing 921 - 930 of 4938 results for "fees"

SCA buys Centuria shopping centre portfolio

CHLOE WALKER  |  MONDAY, 20 JUN 2022
... convenience-based retail specialist in Australia. For Centuria, the divestments will generate about $5.7 million in performance fees. The sale price represented a 24% premium to book value. "These daily needs retail neighbourhood shopping centres have ...

Selfwealth announces crypto offering

CASSANDRA BALDINI  |  MONDAY, 20 JUN 2022
... 125,000 active members. It holds more than $9 billion in assets and has saved its members more than $60 million in brokerage fees compared to using bank-run share trading platforms.

Padua launches new adviser tool

CASSANDRA BALDINI  |  THURSDAY, 16 JUN 2022
... can produce the ROA or SOA, best interest duty (BID) statement and product comparison instantly and can also compare the fees and features across over 1,600 superannuation, pension, and investment platforms as well as over 20,000 investment options using ...

Mammoth aggregate returns for ETF investors

ANDREW MCKEAN  |  WEDNESDAY, 15 JUN 2022
... and based on our research, we recommend a simple index ETF as opposed to an active ETF. Not only do simple ETFs have lower fees, but we've also seen these ETFs outperform 90% of their active ETF counterparts." While positive about passive ETFs, Brycki ...

Super industry levies insufficiently detailed: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 15 JUN 2022
... Financial Institutions Supervisory Levies, or other similar industry levies, ultimately will be borne by members - as higher fees (or indirect costs) that otherwise would be the case," ASFA argued. Each year the Treasury publishes a Financial Institutions ...

Defective disclosures see Avanteos Investments fined

JAMIE WILLIAMSON  |  WEDNESDAY, 15 JUN 2022
... subsidiary will pay a penalty of $1.71 million for failing to update defects in its disclosure documents related to charging fees to super members after they'd died. This marks the first criminal prosecution for failing to update defective disclosure ...

Crypto companies halt withdrawals

ANDREW MCKEAN  |  TUESDAY, 14 JUN 2022
... network. In a statement, Binance said: "This is due to an earlier batch of transactions getting stuck from low transaction fees submitted and hence, resulting in a backlog of Bitcoin network withdrawals." At around 11:30 eastern time, the crypto exchange ...

AustralianSuper changes admin fees

JAMIE WILLIAMSON  |  TUESDAY, 14 JUN 2022
AustralianSuper is aiming to reduce costs to members by $300 million this year, including lowering administration fees for some members. According to the fund, members with less than $50,000 in their accounts will pay about 60% less than they currently ...

HESTA, Mercy Super look to merge

JAMIE WILLIAMSON  |  TUESDAY, 14 JUN 2022
... members will continue to enjoy even better retirement outcomes through a winning combination of strong performance and low fees in a like-minded fund where the cultural fit is strong," Tancred said. "We'll keep our members informed as we work through ...

AMP bolsters managed portfolios offering

JAMIE WILLIAMSON  |  FRIDAY, 10 JUN 2022
... further additions to the menu. In total, we've added more than 63 investments since the start of 2022. "We're also keeping fees extremely competitive and enhancing North's tech capability, including the recent launch of our client app."