FEES

Funds management

Exchange traded funds in the US have been consistently squeezed by increased competition which, combined with new fintech entrants, forced costs sharply lower, according ...

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Financial planning

Greater transparency will help address anomalies in the way in which superannuation fund salaried financial advisers are paid from administration and investment fees, acc...

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Financial planning

A number of financial advisers have questioned whether the Australian Securities and Investments Commission is being consistent in its treatment of salaried financial pla...

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Life/Risk

A new whitepaper developed by ClearView is arguing that policy-makers have railed to understand life/risks commissions and the significant risks associated with removing ...

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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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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 1 week ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks 5 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

2 weeks 4 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

4 days 5 hours ago