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Showing 971 - 980 of 9372 results for "Fee"

TelstraSuper produces 9.6% MySuper return

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
TelstraSuper's lifecycle MySuper offering turned around 9.6% for all its members under 50 who have not made an investment choice. The result, which is net of all investment fees and taxes, demonstrates the value of its lifecycle structure, chief investment ...

Colonial First State reports strong super returns

ANDREW MCKEAN  |  THURSDAY, 4 JUL 2024
Colonial First State (CFS) has posted double digit returns for its MySuper balanced and growth funds during FY24. CFS's FirstChoice Employer Super balanced fund (MySuper Lifestage 1965-69) achieved a 12.1% return, while its FirstChoice Employer Super ...

Channel Capital, Arnott Capital set up strategic partnership

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
Channel Capital and Arnott Capital have formed a strategic partnership to support business growth and optimise operational efficiencies. Channel Capital will provide a full suite of non-investment services to Arnott Capital, including trustee responsibilities ...

Aviva exits Australia, shutters fund

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
Aviva Investors is shuttering its Australian office and moving operations offshore as it also terminates its strategy, the Multi-Strategy (AIMS) Target Return Fund. Aviva told investors that it has "recently made the decision to close the investment ...

Morningstar names new manager research lead

ELIZABETH FRY  |  TUESDAY, 2 JUL 2024
Morningstar Australasia has recruited a former Insignia Financial executive to lead its manager research team and its coverage of Australian and New Zealand fund managers. Matt Olsen - who joins Morningstar as director of manager research ratings for ...

AustralianSuper unleashes raft of investment and fee changes

ELIZA BAVIN  |  TUESDAY, 2 JUL 2024
... cash holdings. AustralianSuper also updated its fees and costs for investments and transactions, impacting the overall annual fee for numerous products. For its MySuper Balanced option, investment fees have increased from 0.50% to 0.52% p.a. and reduced ...

Bendigo and Adelaide Bank appoints new chief executive

ANDREW MCKEAN  |  TUESDAY, 2 JUL 2024
Bendigo and Adelaide Bank has appointed Richard Fennell as chief executive and managing director, replacing Marnie Baker. Baker has been with the bank for 35 years, mostly in executive roles. She was chief executive and managing director for six years. ...

Family office buys into WNBL potential

JAMIE WILLIAMSON  |  TUESDAY, 2 JUL 2024
The family office of Tesla chair Robyn Denholm, Wollemi Capital Group, has partnered with the National Basketball League (NBL) to acquire the Women's National Basketball League (WNBL) from Basketball Australia. Wollemi Capital Group and the NBL have ...

ASIC calls out sloppy adviser data

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... ASIC said. AFSLs can rectify incorrect information by lodging a "maintain transaction" via ASIC Connect that comes with a fee. "It is a serious offence to knowingly provide false or misleading information to ASIC or to fail to take reasonable steps to ...

ETF price war heats up

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
... largest manager by assets under management (AUM), reduced its asset-weighted fees from 0.17% to 0.16% p.a. This was due to fee reductions on three products, representing 33% of its AUM. The largest of these, the Vanguard Australian Shares Index ETF ...