POWERED BY MOMENTUM MEDIA
FEES
Policy & Regulation
The Australian Securities and Investments Commission is recouping millions of dollars from the industry to pay for the provision of policy advice to Government. Should th...
Financial planning
Instead of allowing a race to the bottom in terms of the cost of providing advice, financial advisers should be accurately assessing what their advice is worth and chargi...
Superannuation
The Government’s Your Future Your Super superannuation performance test needs a collection of multiple metrics rather than a single metric based on a narrow assessment of...
Financial planning
The annual renewal will lead to unintended consequences which will have negative implications for financial advice practices and flow on effects in terms of extra cost an...
Financial planning
The Australian Securities and Investments Commission is pursuing National Australia Bank in the Federal Court over 195,305 instances of incorrectly charging fees and bein...
Superannuation
The ethical fund has reduced its fees on all of its investment options on the back of a 200% increase in new members last year. ...
Financial planning
Iress has looked to the new rules around advice fee consent to roll-out one of the first building blocks of its infrastructure as a service strategy....
Funds management
The base and performance fee cutes follow Acadian’s decision to bring wholesale distribution of the funds in-house. ...
Superannuation
The savings generated by innovations such as Superstream and new technology have been offset by the costs of increased regulation, according to evidence given to a Parlia...
Financial planning
Industry funds are urging more clarity from the regulators on what can be delivered via limited and intrafund advice while canvassing the ability to bill members in three...
Financial planning
The bank has been ordered by the Federal Court of Australia to pay $10 million in penalties after charging customers same-name fees which it was not entitled to and conti...
Financial planning
Big industry fund Hostplus has detailed to a Parliamentary Committee an eight-fold increase in comprehensive advice fees over just five years....
Superannuation
The fund’s typical member with $50,000 invested in a MySuper product would see a reduction of $55 per year....
Financial planning
The Financial Adviser Standards and Ethics Authority has confirmed that financial advisers will face higher costs in obtaining a financial advice degree as a result of Go...
Financial planning
Six of Australia's largest banking and financial services institutions have offered a total of $1.05 billion in compensation, as at 30 June 2020, to customers who suffere...
Never miss the latest news and developments in wealth management industry
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...