Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 981 - 990 of 9372 results for "Fee"

Equip Super reduces admin fees, introduces insurance fee

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2024
While their administration fees will fall, from next week many Equip Super members will begin paying an insurance fee calculated at 4% of premiums. From July 1, Equip Super is reducing administration fees across accumulation, defined benefit and retirement ...

Inflation spikes again sparking rate rise fears

ELIZA BAVIN  |  WEDNESDAY, 26 JUN 2024
Australians and the Reserve Bank of Australia (RBA) will be feeling disappointed after the Australian Bureau of Statistics (ABS) released the CPI indicator or May showing an annual increase of 4%, up from 3.4% in February. Canstar group executive, financial ...

Bennelong takes on fledgling boutique

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2024
Two former Magellan portfolio managers have set up a new boutique and joined forces with Bennelong Funds Management to launch a global small and mid-cap strategy. Canopy Investors was established in February 2023 by Kris Webster and Michael Poulsen ...

Four out of five workers to search for new jobs: Hays

ANDREW MCKEAN  |  WEDNESDAY, 26 JUN 2024
Recruitment specialist Hays has reported that four out of five New South Wales workers will look for a new job in the next year. According to the Hays Salary Guide, which surveyed more than 15,000 respondents covering 1250 roles across 26 different ...

State Street cuts fees on six ETFs

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
... (SLF) will have feed reduced from 0.40% to 0.16%. Lastly, the SPDR S&P Emerging Markets Carbon Control Fund (WEMG) will see a fee reduction from 0.65% to 0.35%. Three of the six funds are expected to be the lowest cost ETF in their respective peer groups ...

Super account advice fees a sticking point for advice bill: Senate inquiry

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
... basis of the bill. These included suggestions to consolidate administrative steps in obtaining clients' consent to ongoing fee arrangements and provide flexibility in producing the Financial Services Guides. Recommendation 7 in which Levy asked to ...

Early contributions boost retirement balances

ANDREW MCKEAN  |  FRIDAY, 21 JUN 2024
The superannuation gap of young Australians who contribute to their super earlier, compared to those who take the default contribution option has been confirmed by modelling from advice tech platform Otivo. Otivo's modelling reported that if younger ...

Global X cuts management fees

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
... the first spot Bitcoin and Ethereum ETFs in the Asia Pacific region in 2022. Global X chief executive Evan Metcalf said the fee reduction comes amid increasing demand for crypto products in the Australian market and demonstrates Global X's commitment ...

JPMAM, iCapital launch new private market fund for wholesale investors

ANDREW MCKEAN  |  TUESDAY, 18 JUN 2024
... without capital calls or commitments, and with regular liquidity. He said the new fund "meets these features at a competitive fee," and provides wholesale investors access to a sector traditionally reserved for institutional investors. However, PEG co-head ...

TAL appoints new chief executive

ELIZA BAVIN  |  TUESDAY, 18 JUN 2024
TAL has appointed Fiona Macgregor as its new group chief executive and managing director, effective 1 October 2024. The appointment follows the promotion of TAL's current chief executive Brett Clark to the role of chief executive and managing director ...