costs

Financial planning

FPA submission laments high cost of FOFA

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

Retirement costs will rise with increasing cost of utilities

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

AFA concerned about ASIC funding model

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

Superannuation

PC complexity will drive up super costs

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

What’s the cost of bedding down FOFA? – Adviser Sentiment Part 2

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 rises modestly

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

Advice still costs more than consumers want to pay

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

Policy & Regulation

ASIC funding model needs transparency

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