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Showing 1 - 10 of 4524 results for "Fees"

AMP hires GM risk, compliance

KARREN VERGARA  |  FRIDAY, 6 SEP 2024
... who further strengthens AMP's Super and Investments team as we focus on providing our members with great returns, low fees and high-quality services, all governed by sound risk and compliance practices," an AMP spokesperson said in a statement. "Cloe ...

APRA alleges First Super co-chair breached director duties

JAMIE WILLIAMSON  |  FRIDAY, 6 SEP 2024
... CFMEU. It's alleged he directed the employee to carry out the work for the CFMEU and was aware that First Super was paying fees under the MESC contract equivalent to a full-time salary for the employee. It's also alleged he didn't seek approval ...

Schroders expands stable of global equity funds

JAMIE WILLIAMSON  |  THURSDAY, 5 SEP 2024
... a change in growth trajectory; and markets failing to look far enough ahead when assessing earnings power. The management fees and costs are estimated to be 0.65% with transaction costs of 0.06% per annum. Schroders said the new fund represents global ...

Super fund merger prompts investment changes

ANDREW MCKEAN  |  TUESDAY, 3 SEP 2024
... some matters relating to their superannuation account at no extra cost, as these services are covered by the administration fees paid by members. General advice, currently provided by Quadrant First - a trustee-owned service - will continue under a new ...

Clime posts $3.8m loss

ANDREW MCKEAN  |  FRIDAY, 30 AUG 2024
... expenses. Revenues for the period decreased to $11.8 million from $13.4 million, impacted by fund outflows, reduced management fees for the Clime International Fund, and a decline in performance fees earned. Clime's funds under management (FUM) ...

Platinum outflows drag performance

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
... Retail and insto outflows in FY23 were $1.24 billion and $1.15 billion respectively. The fund manager did not earn performance fees during the period. Most strategies delivered absolute returns above 5% but still lagged broader market returns. The best ...

All MySuper products pass super performance test

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
... the test, particularly the detrimental impact for some customers investing through wrap platforms." "Despite administration fees for the AMP wrap platform being among the lowest in the market, we are disappointed that a small subset of investment options ...

Pengana losses up 789% in FY24, revenues rise

ELIZA BAVIN  |  THURSDAY, 29 AUG 2024
... company flagged that profitability was also "subdued" over the course of the year due to an absence of significant performance fees. "While modest by historical standards, the financial year saw a welcome return of performance fee income," Groves said. ...

South Africa readies 'two pot' pension system

MATTHEW WAI  |  WEDNESDAY, 28 AUG 2024
... year, and it will be taxed according to an individual's most recent income, as well as payment of any administration fees. President Cyril Ramaphosa said this new system will help spur South Africa's economic growth and will at the same time ...

NGS Super to cut insurance premiums

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
... to ensure the pricing and coverage offered to members is competitive. NGS Super also reviewed and updated its investment fees and costs. The investment fee for its default option will reduce from 0.84% to 0.83% from October 1. Most other investment options ...
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