COSTS

Financial planning

Three-quarters of advised Australians believe the advice they received outweighed its cost as advisers are helping them achieve their financial goals and retirement drea...

Financial planning

The SMSF Association has claimed the licensing of accountants and the designation of SMSFs as financial products has added $2,000 in fees to the running of a fund....

Financial planning

A major insurer has revealed that support products on an approved product list can cost between $150 to $200 per adviser in ‘educational support payments’....

Financial planning

The Future of Financial Advice has cost a great deal of money and the jury is still out on the ultimate benefits, according to a Financial Planning Association submission...

Superannuation

The Association of Superannuation Funds of Australia (ASFA) has warned that the amount needed to achieve a modest or comfortable retirement will rise in line with utility...

Financial planning

The AFA has voiced concerns ASIC’s industry funding model would pass costs aimed to remediate poor advisers on to all advisers....

Superannuation

The scope and complexity of the Productivity Commission’s criteria for reviewing the super system will increase costs for members as it would require more data from funds...

Features

Financial planners talk about what the costs of implementing FOFA have been for their practices even as they contemplate the next suite of changes stemming from tinkering...

Superannuation

Retirees’ cost of living for singles and couples saw a modest rise of 0.2 per cent over the September quarter, ASFA data showed....

Financial planning

New Investment Trends research confirms that financial advice still costs more than most consumers are willing to pay....

Policy & Regulation

The AIST called for transparency on ASIC’s industry funding model, cautioning against any decision-making until a cost recovery impact statement was available. ...

Policy & Regulation

The stockbroking industry should not be targeted in ASIC’s cost recovery program as most complaints are against financial planners. ...

Financial planning

Robo-advice will not become a good substitute if it cannot meet the needs of clients in the same way as face to face advice....

Life/Risk

Reinsurance cost savings could cushion impact of downturn in top-line growth for general insurers, research reveals....

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 2 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 1 week ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 2 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

1 week 6 days ago

The Reserve Bank of Australia has announced its latest interest rate decision following this week's monetary policy meeting....

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A former financial adviser who stole $4.4 million from his family and friends to feed gambling debts has been permanently banned by ASIC....

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