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FEES

Funds management

Franklin Templeton will cut management fees on six of its funds from 1 July, 2020, in order to ‘deliver better outcomes for investors’ at a challenging time in markets....

Funds management

Australian active managers need to adapt to changing consumer demands which are driven by a shift to global equities and fee pressures due to the rise of passive investin...

Funds management

Global asset manager GQG Partners has reduced the management fee on both of its equity funds as the company has grown in size....

Funds management

T. Rowe Price has announced it has lowered the fee structure for its flagship Australian Unit Trust – Global Equity fund....

Financial planning

Advisers receiving asset-based fees have ‘skin in the game’ which is important at time such as the current market volatility being generated by COVID-19, according to the...

Financial planning

The Australian Securities and Investments Commission has pointed to hundreds of millions earned by stockbrokers, advisers and advice firms as a result of the stamping fee...

Financial planning

Adviser fees need to be standardised and automated and this could be done via blockchain, IRESS believes....

People & Products

The list will be available on its Wrap and Navigator platforms for a fee for $260 per annum....

Financial planning

One of the last remaining vestiges of commission-based remuneration, stamping fees, should be removed, according to the Financial Planning Association....

Financial planning

Major insurer, ClearView is aiming to move its advice businesses to a flat fee approach and standalone dealer group profitability....

Superannuation

The Government is committed to removing restrictions regarding superannuation fund choice but will not prevent a default fund being specified in an award....

Superannuation

AMP Limited has announced investment fee reductions impacting clients across MySuper, choice and cash and term deposit products....

Superannuation

Some superannuation funds may have increased their fees simply because they had run down their administration fees to historical lows, according to the Assistant Minister...

Financial planning

How the Government proposes to approach yearly opt-in and fee arrangements is expected to be made clearer in the next week or so and financial adviser groups are bracing ...

Funds management

Industry fund Hostplus has revealed its multi-million bill for investment and management fees....

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