FEES

Funds management

JP Morgan Asset Management Australia has announced the reduction of management fees on all bond funds, from 60 to 40 basis points....

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Funds management

The majority of Australian active managers may be charging fees that are too high, according to VanEck’s analysis....

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Policy & Regulation

The Institute of Public Accountants has continued its defence of tax advice fees, arguing the move is unjustified and that the underlying data has been inappropriately us...

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Funds management

Macquarie Group recorded net profit for the European financial year to March’s end of $2.982 billion, up 17 per cent on FY18, with a loss in fee income offsetting modest ...

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Financial planning

Colonial First State has announced significant platform fee reductions....

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Financial planning

The Association of Financial Advisers has warned its members that product providers are unilaterally contacting clients regarding ongoing adviser fees and services....

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Policy & Regulation

The Financial Planning Association has urged the Australian Securities and Investments Commission to act to ensure financial product manufacturers more consistently revea...

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Superannuation

Changes to superannuation fee disclosure proposed by ASIC to improve transparency won’t solve the problem and could just increase confusion for consumers....

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Financial planning

The Financial Planning Association has restated its position on a three-year phase-out of grandfathering, claiming that commissions have led to some consumers paying impl...

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People & Products

AMP has announced a series of fee cuts to MyNorth for new and existing superannuation, pension and investment clients as it seeks to improve its client outcomes....

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Funds management

Premium China Funds Management has announced a reduction in fees applying to its Premium Asia Fund....

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Expert Analysis

JD de Lange writes that high performance fees in themselves aren’t a problem, but that paying high fees for poor performance is....

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Superannuation

Legislation that passed the Senate last week could see fees slashed to less than three per cent on five million superannuation funds, with AMP, Hostplus, and ANZ OnePath ...

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Financial planning

The Federal Government has reinforced its intention to prohibit the deduction of advice fees from MySuper accounts at the same time as signalling more flexibility around ...

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Superannuation

MTAA Super has announced an administration fee reduction of 10 cents a week, saying it will result in a six per cent annual saving for members....

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MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

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This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

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