RaboPlus drops fees on managed funds
Effective to the end of the year, RaboPlus has dropped its .75 per cent entry fee on all managed funds, including funds such as AMP, BlackRock, Challenger, Colonial, Schroders, Tyndall and UBS.
According to RaboPlus senior manager of investments and managed funds Tim Hewson, clients taking up this offer can do so for a minimum investment of $250, with no ongoing administration or exit fees.
RaboPlus is an online savings and investment service and a division of Rabobank Australia.
Recommended for you
Licensing regulation should prioritise consumer outcomes over institutional convenience, according to Assured Support, and the compliance firm has suggested an alternative framework to the “licensed and self-licensed” model.
The chair of the Platinum Capital listed investment company admits the vehicle “is at a crossroads” in its 31-year history, with both L1 Capital and Wilson Asset Management bidding to take over its investment management.
AMP has settled on two court proceedings: one class action which affected superannuation members and a second regarding insurer policies.
With a large group of advisers expecting to exit before the 2026 education deadline, an industry expert shares how these practices can best prepare themselves for sale to compete in a “buyer’s market”.