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FEES
Financial planning
Advisory firms are the only part of the investment value chain to escape fee pressure over the last five years in the face of shrinking margins and rising costs, accordin...
Financial planning
In its 2023 Landscape report, data agency Adviser Ratings has examined what you can expect from the average financial adviser and their practice in Australia....
Financial planning
Financial advice fees have risen by close to 40 per cent over the last five years and the majority of advisers expect to hike fees further in the coming years, according ...
Funds management
Vanguard has cut fees on its Australian fixed income ETF as Australian bonds post their highest quarterly return in a decade....
Financial planning
The independent chair of the QOA Review has called for the removal of 'onerous' ongoing fee disclosure obligations....
Funds management
Performance fees at Magellan were “not meaningful” in the six months to 31 December, compared to $11 million a year ago while total funds have dropped below $50 billion....
Financial planning
The FPA has welcomed guidance from the Australian Taxation Office on the tax deductibility of financial advice fees....
Financial planning
Over 90% of advisers say they plan to increase their fees next year, according to Adviser Ratings, despite fees already having risen 40% since 2018....
Financial planning
The number of newly-advised clients has outpaced client attrition for the first time in three years according to Investment Trends, while consumers have increased the amo...
Financial planning
Fees for ongoing advice have risen 33% in a year, according to annual Padua research, with technology cited as a factor to lessen the burden....
Funds management
Capital Group Investment Management has announced it is reducing its management fees across its range of Australian funds....
People & Products
North has lowered the maximum administration fees for a MyNorth investment account as it targets the financial adviser market....
Financial planning
A new member organisation has been formed, established by three former directors of the Profession of Independent Financial Advisers....
Financial planning
The proposed AFCA user-pays funding model will be introduced from 1 July with a few improvements following industry feedback while the superannuation levy will be abolish...
Policy & Regulation
ASIC has commenced civil penalty proceedings against big four bank ANZ for allegedly misleading customers about the available funds and balances in their credit card acco...
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MARKET INSIGHTS
Podcast
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...
increased professionalism within the industry - shouldn't that say, FAR register almost halving in the last 24 months he...