FEES

Funds management

State Street will cut fees on six of its SPDR ETFs from 1 July across Australian equities, international equities, listed property and emerging markets....

Funds management

Global X has reduced fees on its spot bitcoin and Ethereum ETFs as head of sales Manny Damianakis says they are seeing growing interest from advisers in cryptocurrency....

Financial planning

Money Management speaks with five advisers on whether or not they charge for their initial meetings, as Elixir Consulting finds the volume opting to charge has doubled si...

Financial planning

Financial services lawyers believe the government may have good intentions, but the proposed legislation leaves superannuation trustees targeting an unachievable “standar...

Financial planning

AFCA has identified a systemic issue in the investments and advice space, with the case needing to be referred to ASIC due to the firm’s lack of engagement or remediation...

Financial planning

Centrepoint Alliance has shared details on the progress of fees for no service remediation, having conducted an assessment of its employed and self-employed advisers. ...

Financial planning

The Australian Taxation Office has provided updated rules on the tax deductibility of financial advice fees....

People & Products

BlackRock and VanEck have reduced fees on several of their ETFs, all focused on property and infrastructure....

Financial planning

Advisory firms are the only part of the investment value chain to escape fee pressure over the last five years in the face of shrinking margins and rising costs, accordin...

Financial planning

In its 2023 Landscape report, data agency Adviser Ratings has examined what you can expect from the average financial adviser and their practice in Australia....

Financial planning

Financial advice fees have risen by close to 40 per cent over the last five years and the majority of advisers expect to hike fees further in the coming years, according ...

Funds management

Vanguard has cut fees on its Australian fixed income ETF as Australian bonds post their highest quarterly return in a decade....

Financial planning

The independent chair of the QOA Review has called for the removal of 'onerous' ongoing fee disclosure obligations....

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Funds management

Performance fees at Magellan were “not meaningful” in the six months to 31 December, compared to $11 million a year ago while total funds have dropped below $50 billion....

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Financial planning

The FPA has welcomed guidance from the Australian Taxation Office on the tax deductibility of financial advice fees....

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MARKET INSIGHTS

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