fees

Superannuation

Bank super fund fees not justified by performance

Research commissioned and paid for by the Australian Institute of Superannuation Trustees has claimed bank-owned superannuation funds are charging fees up to 182 per cent...

Policy & Regulation

Govt slashes ASIC search fees

The Government has reduced the $40 fee to access ASIC online business registries and extended the fee exemption to all journalists. ...

Policy & Regulation

Government moves to increase ASIC registry fees

The Government has introduced the final part of its Australian Securities and Investments Commission industry funding model to Parliament, which would see registry fees r...

Policy & Regulation

ASIC told to justify user-pays fees

The Australian Securities and Investments Commission has been urged to provide detail to justify the fees it will be charging under its user-pays regime....

Policy & Regulation

Funds hiding true fee costs in PDSs

While funds are complying with the Australian Securities and Investments Commission’s requirements for fee disclosure in product disclosure statements, they are providing...

Funds management

Fees warning around new LICs

The Future of Financial Advice changes helped double the number of licensed investment companies but some are guilty of imposing higher base and performance fees, accord...

Superannuation

Equip Super cuts fees for members

Equip Super has more than halved the maximum asset-based pension admin fee to $750 per annum and intends to deliver more savings for members thanks to its merger....

Superannuation

Fees most important super factor: survey

Three-quarters of Australians feel that fees are the most important factor when choosing a super fund, according to a survey....

Financial planning

Have shelf space fees become ‘training fees’?

A senior parliamentarian has quizzed the Australian Securities and Investments Commission on whether insurers have simply converted the payment of shelf space fees to ‘tr...

Superannuation

ASIC outlines changes from under-reporting of super and fund fees

ASIC has outlined new requirements for the disclosure of fees and charges superannuation and managed investment funds....

Funds management

Investment managers face further fee scrutiny

The Productivity Commission’s review of fees and returns in the superannuation sector is expected to result in more investment manager scrutiny....

Financial planning

Do shelf space fees still exist?

Federal Parliamentarians believe licensees are still reaping the monetary benefits of shelf space fees but are simply designating them as adviser education fees....

Funds management

Competition driving fee compression

New research has pointed to rising competition from new and cheaper products driving down funds management fees....

Funds management

Contango MicroCap cuts directors’ fees

Contango Microcap’s new board has decided to reduce directors’ fees with immediate effect....

Financial planning

ASIC targets $200m in fee for no service

The Australian Securities and Investments Commission is pointing to a final figure of $200 million being returned to consumers from its ‘fee for no service’ remediation p...