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Showing 941 - 950 of 4942 results for "Fees"

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 ...

Westpac offloads BT super funds to Mercer

JAMIE WILLIAMSON  |  THURSDAY, 26 MAY 2022
... will manage more than $65 billion on behalf of about 850,000 members. These members are expected to see a 25% reduction in fees, including no dollar-based administration fee and reduced percentage-based administration and investment fees. Mercer's existing ...

AWOF unitholders to vote on trustee

JAMIE WILLIAMSON  |  MONDAY, 23 MAY 2022
... management. At the time, AMP said there would be an overhaul of the fund's governance, increased manager alignment and reduced fees. As part of that decision, AMP was weighing whether handing over the fund to either Mirvac or GPT Group would be in shareholders' ...

Trust in financial services jumps: CFA

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
... said: "The highs we're now seeing in investor trust are a cause for optimism, helped on by strong share markets and falling fees, but the challenge is sustaining trust moving ahead given greater levels of share market volatility." "In Australia too ...

Allianz subsidiary, former portfolio managers charged over massive fraud

JAMIE WILLIAMSON  |  WEDNESDAY, 18 MAY 2022
... Tournant orchestrated the scheme, which amassed about US$11 billion in funds under management and saw US$550 million paid in fees. It's alleged that he, alongside co-lead portfolio manager Trevor L. Taylor and portfolio manager Stephen G. Bond-Nelson ...

APRA identifies NESS Super board deficiencies

JAMIE WILLIAMSON  |  FRIDAY, 13 MAY 2022
... director as soon as practicable," the fund said. It comes as NESS Super prepares to reduce investment and administration fees, some by as much as 40%. The fund is reducing investment fees and costs across almost all its options. For example, the investment ...

Cbus announces changes to admin fees, premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
Following on from the completion of its merger with Media Super, Cbus will shave its administration fees by 25%. However, at the same time, some members will begin paying more for death and TPD. The reduction in the dollar-based administration fee will ...