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Showing 1 - 10 of 9439 results for "Fee"

MUFG to acquire GROW Inc

ELIZA BAVIN  |  FRIDAY, 28 AUG 2026
MUFG Pension & Market Services (MPMS), a member of MUFG, a global financial group, announced it has entered into a binding scheme implementation deed to acquire GROW Technology Services (GROW Inc). The acquisition is subject to conditions, including ...

APRA hits 12 super options with failed grade

KARREN VERGARA  |  FRIDAY, 28 AUG 2026
The number of failed investment products nearly doubled in the 2026 APRA superannuation performance test, with BUSSQ being the only industry fund to make the list dominated by retail funds. One MySuper product and 11 trustee-directed products (TDPs) ...

FAAA pushes to expand NCA to financial advisers

RIDDHIMA TALWANI  |  FRIDAY, 28 AUG 2026
... reforms. "It was initially proposed to be very tightly scoped and limited to entities where it wasn't necessary to charge a fee. But the government, over time, before we ran into the complication of Shield and First Guardian, had agreed as the result ...

Centuria steps away from joint-chief executive model

RIDDHIMA TALWANI  |  FRIDAY, 28 AUG 2026
Centuria Capital will be led solely by Jason Huljich from November 27, who will take the role of group chief executive, after joint chief executive John McBain decided to step down from the role, which will also come into effect on the same date. Centuria ...

UniSuper unlocks close to $15k for members moving into retirement

MATTHEW WAI  |  FRIDAY, 28 AUG 2026
... their account, depending on their account balance and investment options. The new bonus adds to the halved administration fee on Flexi Pension accounts since 1 July 2026 - from 0.16% to 0.08% - representing savings of around $495 per year for a member ...

Aura Group launches PE income fund

ELIZA BAVIN  |  THURSDAY, 27 AUG 2026
Aura Group has launched the Aura PE Evergreen Income Fund, an evergreen private markets strategy designed to address the liquidity, income and capital call challenges. The Singapore domiciled fund targets 12-15% p.a. net returns and a 5% p.a. distribution ...

Vanguard adds floating rate ETF, managed fund to product suite

MATTHEW WAI  |  THURSDAY, 27 AUG 2026
... broader fixed income range by providing investors with an additional defensive allocation option. It carries a management fee of 0.15% per annum, and the managed fund incurs 0.18% per annum. Vanguard said the funds were launched amid the growing attention ...

Half of Australians lack retirement plan: Vanguard

KARREN VERGARA  |  THURSDAY, 27 AUG 2026
Nearly half of working-age Australians approaching retirement do not have a retirement plan, raising concerns about long-term financial preparedness and confidence, according to Vanguard. The 2026 How Australia Retires report, based on a survey of more ...

CBA, Colonial First State settle class action for $249m

KARREN VERGARA  |  WEDNESDAY, 26 AUG 2026
Commonwealth Bank (CBA), together with Colonial First State Investments (CFSI) and Avanteos Investments, have agreed to settle the long-running Interest Rates Class Action for $249 million but deny wrongdoing. The class action spearheaded by Slater ...

FSC raises the bar for PC managers with fresh standards

MATTHEW WAI  |  WEDNESDAY, 26 AUG 2026
... standard sets expectations across governance and accountability, valuations, liquidity and leverage, conflicts of interest, fee and income transparency and investor disclosure. Once effective, FSC members under the criteria will be required to consistently ...
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