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Showing 931 - 940 of 4938 results for "fees"

Active Super, Vision Super mull merger

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
... opportunity to achieve additional scale, greater resources for services and growth, as well as potential lower costs and fees for members. Our aim is to put all members in a better position when it comes to meeting their retirement objectives." Vision ...

No more changes to risk commissions: ClearView

JAMIE WILLIAMSON  |  TUESDAY, 7 JUN 2022
... change the way they charge for life insurance advice; the vast majority (58%) charge upfront commissions, 26% a combination of fees and commissions and 10% charge level commissions. The survey also found that close to 70% of advisers don't believe consumers ...

Lifespan partners with OpenInvest to launch advice solution

ANDREW MCKEAN  |  FRIDAY, 3 JUN 2022
... between $2600 and $2900. It also exhibited Financial Planning Association of Australia statistics that claimed the average fees for advice represented approximately 3% of an average Australian's income. Additionally, the KPMG report made clear that there ...

Boutique takes over Mason Stevens fund

JAMIE WILLIAMSON  |  FRIDAY, 3 JUN 2022
... and will continue as portfolio manager at Torica, alongside Lee. There are no changes to the fund's objectives, however the fees and costs have reduced. Investors will now pay management fees and costs of 0.77% per annum, down from 0.94%. The fund aims ...

Yarra adds market neutral fund

JAMIE WILLIAMSON  |  THURSDAY, 2 JUN 2022
... clients through the existing fund structure and are pleased to confirm no changes to the fund's investment philosophy, process, fees or its investment objectives." Joining Yarra's suite of funds, the market neutral offering is now a registered managed ...

AFCA adopts user pays funding model

CASSANDRA BALDINI  |  TUESDAY, 31 MAY 2022
... use AFCA's services or use them less will pay less. AFCA said about 90% of members will see a positive or neutral impact on fees, with the balance to see an increase that represents their usage. Based on data found in the AFCA's user change guide published ...

AMP establishes AMP Investments

JAMIE WILLIAMSON  |  TUESDAY, 31 MAY 2022
... oversight and accountability for investment management, including investment strategy, investment performance and ensuring member fees are competitively low." Touching on the wider transformation strategy at the company's annual general meeting earlier ...

ANZ sued by ASIC

CASSANDRA BALDINI  |  MONDAY, 30 MAY 2022
... corporate watchdog today alleged that between May 2016 and November 2016 around 165,750 ANZ customers were charged cash advance fees and interest for withdrawing or transferring money from their credit card accounts based on an incorrect account balance ...

ClearView consolidates super, pension plans

JAMIE WILLIAMSON  |  FRIDAY, 27 MAY 2022
... to members as a result of the transfer to a contemporary product," ClearView said. Members will benefit from lower ongoing fees and costs, while the number of investment options on offer will decrease from 11 to five, four of which have been specifically ...

Liberals should liberate Australians from super: Bragg

ANDREW MCKEAN  |  THURSDAY, 26 MAY 2022
... superannuation," he said. Bragg claimed super has made unions, banks and insurers richer than ever and lamented excessive fees and lack of competition. He also called super a strange but huge experiment that should be made voluntary for Australians earning ...