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Funds management
New research has pointed to rising competition from new and cheaper products driving down funds management fees....
Funds management
Contango Microcap’s new board has decided to reduce directors’ fees with immediate effect....
Financial planning
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...
Funds management
Platinum Asset Management has announced changes to its product fees, and plans to launch two new ETMFs in August....
Funds management
Private equity funds have urged ASIC to address “flawed implementation” of new fee disclosure requirements....
Funds management
Low cost passive FUM has grown by 271 per cent, but IOOF has warned advisers to look beyond costs to achieve clients’ objectives. ...
Funds management
In the low return world, fund managers needed to move toward waiving management fees and only charging out performance fees, according to Harvest Lane Asset Management. ...
Financial planning
Members of the Financial Planning Association have been granted ASIC relief from opt-in if they sign up to the FPA’s Professional Ongoing Fees Code....
Editorial
There can be no more grievous indictment of a service provider than that they continually charged for a service that was never provided....
Financial planning
ANZ, NAB, CBA, Westpac and AMP licensees have paid around $23.7 million in refunds for fees charged without the actual provision of advice, with the refund total likely t...
Financial planning
Westpac has refunded $9.2 million to affected clients after failing to waive bank account fees on its branded savings and transaction accounts....
Financial planning
ANZ Bank will refund $28.8 million in fees to more than 390,000 customers for failing to disclose when periodical payments would apply....
Features
More boutique managers are setting up shop as they look to get away from the lack of individuality and constraints of larger institutional fund managers, Jassmyn Goh find...
People & Products
Nikko Asset Management has reduced some management fees on its Australian Share Income Fund, and grown its retail sales team....
Financial planning
Dealer group Synchron has won a key legal battle securing the exclusion of commissions and fees on behalf of advisers from the calculation of payroll tax....
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Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...