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Showing 1 - 10 of 42 results for "Total expense ratio"

Super fund fees now at record low: Data

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
Superannuation fees in Australia have reached a historic low, with the total expense ratio averaging 0.93% per annum, as per research from Rainmaker Information. Rainmaker Information's analysis of over 1500 superannuation fund fee options, spread across ...

Legalsuper hits members with increased fees

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
... 42,000 members are invested - annual fees and costs will be 0.62%, up from 0.52%. Subsequently, the fund's total expense ratio will rise from 1.09% to 1.19%. Legalsuper chief executive Luke Symons told Financial Standard that the fund was implementing ...

Rising costs bite asset owners

KARREN VERGARA  |  MONDAY, 3 JUL 2023
... three asset managers have experienced rising fund servicing costs since 2020. Some 35% of investors saw their total expense ratio (TER) increase in the past three years. Some 45% surveyed said management fees on a like-for-like basis have declined. One ...

Retail super fund pulls the plug

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... millennials with a focus on sustainable investing. However, Rainmaker Information analysis of its product fees and total expense ratio revealed that it was above benchmark for a personal product. At the time, Rainmaker said: "Elevate needs to raise FUM ...

Hostplus, Statewide provide merger details

JAMIE WILLIAMSON  |  THURSDAY, 10 MAR 2022
... versus Statewide's 11 options. However, members will pay slightly more with Hostplus. Statewide's current total expense ratio sits at 1.10% while Hostplus' is 1.17% - industry average is 1%, according to Rainmaker Information. A Statewide MySuper member ...

Cbus, Media Super set merger date

JAMIE WILLIAMSON  |  WEDNESDAY, 23 FEB 2022
... would need to review and increase our current fees and costs." According to Rainmaker Information, the new total expense ratio is still below the MySuper average of 1.08%, coming in at 0.91%. Meanwhile, most members will see a 2% decrease in insurance ...

Half of all super products cut fees: Data

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... 1% overall. The average default MySuper product now charges 1.08%, down from 1.13% the previous year. The total expense ratio for not-for-profit and retail funds is now 1.07% and 1.08%, respectively. There is also no difference in the total fee ratio ...

Industry fund ups admin fees

JAMIE WILLIAMSON  |  THURSDAY, 11 NOV 2021
... following the fee increase MIESF's MySuper option will be the 10 th lowest cost product of its kind with a total expense ratio of 0.80% on a $50,000 balance. This is based on the research house's most recent super fund fee study, conducted in March this ...

Default MySuper fees drop to 1%: Rainmaker

JAMIE WILLIAMSON  |  WEDNESDAY, 20 OCT 2021
... 1% overall. The average default MySuper product now charges 1.08%, down from 1.13% the previous year. The total expense ratio for not-for-profit and retail funds is now 1.07% and 1.08%, respectively. There is also no difference in the total fee ratio ...

Super fees hit record lows: Research

JAMIE WILLIAMSON  |  THURSDAY, 13 AUG 2020
... revenue. Overall, in the two years to June end, members of Maritime Super saw the biggest fee cuts with the total expense ratio (TER) for a $50,000 balance dropping by more than 0.8%. It was followed by AMP Signature Super, Hostplus, LGS, NGS Super ...
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