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Showing 1 - 10 of 41 results for "Direct Investment Option"

FNZ raises fresh capital for growth plans

RIDDHIMA TALWANI  |  THURSDAY, 13 NOV 2025
... to grasp it with both hands." Earlier in the year, FNZ was selected by CareSuper to take over as its direct investment option (DIO) provider. It also welcomed Anthony Habis as the new head of Asia Pacific in its Sydney office. "This year, FNZ has won ...

FNZ wins mandate, names APAC head

JAMIE WILLIAMSON  |  TUESDAY, 18 MAR 2025
... head of Asia Pacific. The wealth technology platform has been selected by CareSuper to take over as its direct investment option (DIO) provider, following OneVue's decision to exit the space. "[FNZ] have a strong reputation in the Australian financial ...

NGS Super shutters direct investment option

JAMIE WILLIAMSON  |  THURSDAY, 27 FEB 2025
NGS Super will close its Self-Managed Direct Investment Option, saying it is no longer viable to continue offering the service. NGS Super's Self-Managed Direct Investment Option (DIO) was provided via OneVue Wealth Services. However, OneVue has advised ...

Hostplus cuts Choiceplus fees

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2023
The super fund is reducing fees on its direct investment option for members, effective this month. The Choiceplus option enables members to invest in the shares in the S&P/ASX 300, a range of ETFs and listed investment companies (LICs) and term deposits. ...

AustralianSuper overhauls Member Direct fees

KARREN VERGARA  |  MONDAY, 6 MAR 2023
... popular options, which includes slashing administration and brokerage fees. From 1 April 2023, the Member Direct investment option is introducing a simpler and more competitive fee structure following a review, the $263 billion super fund told members. ...

NGS closes socially responsible option

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
... The fee equated to 0.053% of fund assets at January 31. In addition, NGS has closed its Self-Managed Direct Investment Option to NGS Transition to retirement account members. "The NGS Self-Managed Direct Investment Option (DIO) has been available to ...

APRA responds to industry concerns

ELIZA BAVIN  |  THURSDAY, 28 NOV 2019
The prudential regulator has responded to submissions seeking clarity on its proposed Business Performance Review guide. APRA said a number of industry participants raised concerns over the proposed guide in submissions. The regulator said a number ...

Superannuation fund drops fees

KARREN VERGARA  |  TUESDAY, 23 APR 2019
... the cap on the asset-based administration fee reduced by 25%. The fund is implementing changes to its direct investment option (DIO) fees from 1 May 2019 as a result of changing providers. DIO administration fees will reduce from $25 to $10 per month. ...

Legalsuper renews admin contract

KARREN VERGARA  |  TUESDAY, 12 FEB 2019
... and providing increased transparency and immediacy for member account updates, plus transition to a new direct investment option platform offered by UBS," he said. The $3.7 billion superannuation fund sought expressions of interest from six fund administrators ...

Legalsuper expands member services arm

KARREN VERGARA  |  THURSDAY, 17 JAN 2019
... providing increased transparency and immediacy for member account updates," Proebstl said. The fund's direct investment option - that enables members to invest in S&P/ASX300 shares, ETFs, LICs and term deposits - will be transitioned to a new platform ...
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