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Showing 961 - 970 of 4942 results for "Fees"

End choice dashboard delay: AIST

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 APR 2022
... mandating funds to publish dashboards. Dashboards, she said, will allow members to compare historical and target returns and fees across the thousands of choice super products in the market. Scheerlinck added trustees of MySuper default funds had been ...

APRA 'digging into' super fund contributions to unions

ANDREW MCKEAN  |  WEDNESDAY, 13 APR 2022
... he has alleged are affiliated with the Labor Party. He also took umbrage in wasted expenditure that went toward directors' fees and advertising. In response to Bragg's pointed questioning, APRA executive director Margaret Cole replied that she was glad ...

Cbus, Media Super merger complete

ELIZABETH MCARTHUR  |  MONDAY, 11 APR 2022
... benefits to Media Super members," Arter said. "They are part of a larger fund, and that scale will drive greater scope to manage fees effectively, drive substantial investments that contribute to stronger long term returns, and provide access to innovative ...

BT Funds Management fined $20m

JAMIE WILLIAMSON  |  FRIDAY, 8 APR 2022
... other financial institutions, to look at their culture of compliance and invest in systems that mean incorrect charging of fees, premiums and commissions does not occur," Court said. BT Funds Management said it expects to complete remediation for adviser ...

Alphinity lowers global equities fund fees

JAMIE WILLIAMSON  |  THURSDAY, 7 APR 2022
The Fidante boutique is lowering the fees on two of its global equity funds from May. Management fees on the Alphinity Global Equity Fund and the Alphinity Global Sustainable Fund will be reduced from 1.00% to 0.75%, inclusive of GST and net of RITC. ...

28% of super products rated AAA

ELIZABETH MCARTHUR  |  THURSDAY, 7 APR 2022
... see if they have passed a range of comprehensive benchmarks and best practice measures across their investment performance, fees, insurance, operations, and extra services. The 193 products rated AAA in 2022 accounts for 28% of those assessed. It is ...

YFYS changed how funds invest: JPMAM

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 APR 2022
... more tactical where there are clear opportunities to outperform or underperform. Additionally, the industry-wide focus on fees has only been strengthened by YFYS, given the performance test is assessed on an after-fee basis. JPMAM chief executive for ...

ASIC takes Federal Court action against Macquarie Bank

ANDREW MCKEAN  |  TUESDAY, 5 APR 2022
... through a fraud monitoring system. It was also alleged that there weren't manual checks to confirm that transactions were for fees. According to ASIC, these shortcomings by Macquarie could've impacted customers by $2.9 million in unauthorised withdrawals ...

NGS closes socially responsible option

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
... NGS Super, has made some changes to investment options - including closing its socially responsible option - and altered fees. NGS is closing its Socially Responsible Diversified option to new members from 20 April 2022. From that date, its Shares Plus ...

Colonial First State settles super class action for $56.3m

ELIZABETH MCARTHUR  |  MONDAY, 4 APR 2022
... State has settled a class action brought on behalf of approximately 100,000 super fund members who were allegedly rorted on fees. The class action alleged that CFS deliberately delayed transferring super fund members to the cheaper MySuper products ...