Articles tagged with 'fees'

Professionalising the financial services industry

1 March 2010 | Financial Services is fraught with conflicts of interest, says Robert Keavney. But the regulatory focus on these problems means that financial planning has a bright future.


Making the transition to fee-for-service

22 February 2010 | Ray Griffin takes a look at the fee-for-service debate and explains why this model will benefit clients and advisers alike.


Centric determined to keep ahead of the pack

15 February 2010 | Centric chairman Philip Kelly spoke with Lucinda Beaman about the industry and his plans for 2010.


The top 5: Policies

21 December 2009 | As 2009 comes to a close, Money Management examines the policy developments that have shaped and will reshape the industry.


Consistency urged on advice fees in super

17 December 2009 | ASFA has urged the Cooper Review to separate out advice fees in relation to super and to eliminate commission-based remuneration.


Excise the excesses, says Snowball chief

30 November 2009 | Snowball Group managing director Tony McDonald has called for a tough approach in the wake of the Ripoll recommendations.


IFSA's super charter alters fee structure

17 November 2009 | IFSA's super charter alters fee structures for advice and changes the ground rules on advertising.


Call to standardise super fees

17 November 2009 | Cooper Review asked to consider standardisation of fee disclosure across superannuation funds.


All Star delivers fee 'sale'

16 October 2009 | Improving markets and better than average returns see All Star deliver a fee sale aimed at attracting attention.


Product providers face payments scrutiny

8 October 2009 | The spotlight on fees and commissions may soon be transferred from financial planners to product providers as a result of a review of the joint Investment and Financial Services Association (IFSA) and Financial Planning Association (FPA) code on payments.


The hidden cost of banning commissions

14 September 2009 | Today there are few willing to defend commission payments, writes George Lucas. But are commissions the root cause of all that is wrong with the financial planning industry, as the advocates of change would have us believe?


Fees only part of equation: Russell

2 September 2009 | Russell Investment's Don Ezra says fees are only part of the equation in reducing the cost of superannuation.


DIY opportunities for wraps

27 July 2009 | While the financial planning industry continues to air its dirty laundry in public, a groundswell of do-it-yourself investors continues to build, and they are rapidly seeking alternative solutions.


IFFP caps fees

20 July 2009 | Industry Funds Financial Planning has capped its fees for the new financial year at the same hourly rate charged last year.


On borrowed time

29 June 2009 | Commissions may not be extinct in the financial services industry - but they are now a seriously endangered species.


Commissions not the only factor in high super fees

24 June 2009 | New research reveals that axing commissions will not by itself serve to reduce superannuation fees to the level desired by the Federal Government.


Australia and NZ at bottom of class

19 May 2009 | A Morningstar study of best practice in funds management has produced unflattering marks for Australia and New Zealand.


AFA disputes FPA's commissions stance

5 May 2009 | The Association of Financial Advisers has differed with the FPA on the phasing out of commissions, claiming its position is more aligned with the interests of financial planners.


Industry funds claim more needed on adviser commissions

4 May 2009 | The Industry Super Network has grudgingly acknowledged the FPA's plan to transition away from commissions-based advice but argues that more is needed.


Fund manager defers payment of fees to keep fund afloat

6 April 2009 | Difficult times are requiring flexibility in the funds management world, with Melbourne-based Hastings Funds Management deferring the payment of its incentive fee from its Diversified Utilities Fund until the latter resolves its debt issues.


Hourly rates reward financial planner inefficiency

20 March 2009 | New research confirms a one-size-fits-all remuneration model is not suited to the financial planning industry and that an hourly rate regime can promote inefficiency.


Sherry calls for publication of super fees

10 March 2009 | The Minister for Superannuation and Corporate Law, Senator Nick Sherry believes that superannuation fund members should not only have access to data relating to the performance of their funds but also the fees that are being charged.


Act now on remuneration or await Government intervention: Bloch

18 February 2009 | Remuneration practices high on Government agenda, while Bloch says entry levels to industry are too low.


Storm Financial software provider still active

28 January 2009 | Storm offshoot moves to Brisbane.


Storm Financial's unpaid acquisition trail

21 January 2009 | Financial planning firms left in the cold.


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1MMFPAAFAmerger Do you support a merger of the Financial Planning Association and the Association of Financial Advisers?
 
49%
 
5%
 
46%

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