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FEES
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....
SMSF
While the Productivity Commission modified its earlier findings to better reflect true SMSF returns in its final report, Class has warned that aspects of its calculations...
Funds management
Investors are struggling to reconcile the risk-return trade off inherent in investing, according to a new Natixis Investment Managers survey....
Financial planning
Financial firms who are members of the Australian Financial Complaints Authority must notify the Australian Securities and Investments Commission of their membership by t...
Superannuation
The Royal Commission has heard that the time-table attaching to the AMP superannuation fund boards’ decision to cut MySuper fees by 50 basis points was devised elsewhere ...
Policy & Regulation
The chairman of National Australia Bank, Ken Henry has told the Royal Commission it should consider allowing banks to remediate customers without first seeking permission...
Superannuation
As the banks face issues with customer satisfaction so too have their associated super funds, with industry funds having increased their customer satisfaction ratings ove...
Financial planning
NAB chief executive, Andrew Thorburn, has defended some fees for no service charged by the bank as a “process issue” rather than dishonesty, as he came under fire at the ...
Superannuation
New analysis from Rice Warner has suggested that the removal of volume-based adviser fees would challenge superannuation just as much as it would challenge planning firms...
Superannuation
The Federal Senate will this week consider the controversial amendment to the Superannuation Industry (Supervision) Act first proposed by the then-Treasurer Scott Morriso...
People & Products
Digital wealth platform, InvestSMART has launched a new pricing model via its PMA platform....
Funds management
Major fund manager, Platinum Asset Management has called on the Royal Commission to further scrutinise platform shelf-space fees and problematic relationships between pla...
Superannuation
New research has pointed to investment fees driving up the cost of superannuation fund membership and narrowing the gap between industry and retail funds....
Funds management
Following a Royal Commission that has put fees under a spotlight, InvestSMART has found that paying just one per cent more in fees can slash the overall value of investme...
Financial planning
The Australian Securities and Investments Commission has flagged impending enforcement action against advice licensees for Fee Disclosure Statement failings and a broader...
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MARKET INSIGHTS
Podcast
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
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,...