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Showing 1 - 10 of 4315 results for %22US dollar%22

Rest calls for removal of minimum work hours for super

ELIZA BAVIN  |  MONDAY, 13 MAY 2024
... mean that every young Australian can engage with and benefit from our super system from the day they earn their very first dollar." Industry modelling found the change could have a positive financial impact on young Australians, with the average under-18-year-old ...

Quality of retirement does not depend on super balance: Bragg

ELIZA BAVIN  |  FRIDAY, 10 MAY 2024
The Senate Economics Committee has handed down its Interim Report into existing and proposed super for housing policies. Chair of the Senate Economics Committee Senator Andrew Bragg said the Inquiry was recalibrated to assess how policy could improve ...

ASIC slams funds' serious deficiencies over advice fee charges

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024
... of their fee caps, finding ongoing percentage-based fee caps ranged from 2.2% to 5% of a balance while non-ongoing flat-dollar fee caps ranged from $1500 to $20,000. Only one fund had a percentage-based non-ongoing fee cap, which was 4.4%. In determining ...

Future Group changes fees for Guild members

JAMIE WILLIAMSON  |  WEDNESDAY, 8 MAY 2024
... offering, rolling out fee changes for GuildSuper, GuildPension, and Child Care Super members, effective this month. The dollar-based administration fee members pay is being decreased from $104 per annum to $88.40 per annum. This is charged in addition ...

Global X launches new gold ETF

ELIZA BAVIN  |  THURSDAY, 2 MAY 2024
... product that is best suited to their overall investment strategy. GXLD aims to replicate the movements in the Australian dollar price of gold, less the annual management fee, by investing in physical gold bullion bars. With a management fee of 0.15% ...

OneSuper to take on more super products

JAMIE WILLIAMSON  |  MONDAY, 22 APR 2024
... savings on administration fees and costs that will outweigh an increase in investment fees. They will continue to pay a flat dollar-based admin fee or $78 a year, however the percentage-based fee will reduce from 0.926% to 0.489%, making a saving of ...

Betashares plans to launch first 'moderately geared' ETFs

ANDREW MCKEAN  |  TUESDAY, 16 APR 2024
... These funds were said to be suitable for accumulator investors who have a longer investment horizon and wish to pursue a dollar cost averaging investment strategy. Both funds have a moderate level of gearing and costs, which enables regular portfolio ...

The Aussie wealthtech firms that are 'most innovative'

ANDREW MCKEAN  |  TUESDAY, 16 APR 2024
The annual list of the world's most innovative wealthtech companies was recently released, with several Australian firms making the cut. Iress, GBST, Practifi, Lumiant, and Ignition Advice were all on the list, which was selected by a panel of industry ...

Janus Henderson tailors fund to NZ investors

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2024
... environment, will be New Zealand (NZD) denominated to help protect against cross currency volatility between the Australian dollar and NZD. Known as the Janus Henderson Global Multi-Strategy Fund - Institutional NZD, the fund comprises seven internally ...

TelstraSuper reduces admin fees

ELIZA BAVIN  |  TUESDAY, 2 APR 2024
... TelstraSuper said. The super fund said this is the third time it had reduced its percentage-based admin fee in as many years. The dollar-based admin fee will remain at $1 per week. In addition, the fund has also reduced the total administration fee cap ...
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