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Funds management
Platform provider HUB24 has dismissed a newspaper report that a combination of recent interest rate cuts and the fees it charges have left some financial planning clients...
Superannuation
Conflicted fees are once again a hot legal topic, with Suncorp being hit with a class action in the New South Wales Supreme Court over superannuation commissions paid to ...
Funds management
Exchange traded funds in the US have been consistently squeezed by increased competition which, combined with new fintech entrants, forced costs sharply lower, according ...
Financial planning
Greater transparency will help address anomalies in the way in which superannuation fund salaried financial advisers are paid from administration and investment fees, acc...
Financial planning
A number of financial advisers have questioned whether the Australian Securities and Investments Commission is being consistent in its treatment of salaried financial pla...
Life/Risk
A new whitepaper developed by ClearView is arguing that policy-makers have railed to understand life/risks commissions and the significant risks associated with removing ...
Funds management
JP Morgan Asset Management Australia has announced the reduction of management fees on all bond funds, from 60 to 40 basis points....
Funds management
The majority of Australian active managers may be charging fees that are too high, according to VanEck’s analysis....
Policy & Regulation
The Institute of Public Accountants has continued its defence of tax advice fees, arguing the move is unjustified and that the underlying data has been inappropriately us...
Funds management
Macquarie Group recorded net profit for the European financial year to March’s end of $2.982 billion, up 17 per cent on FY18, with a loss in fee income offsetting modest ...
Financial planning
Colonial First State has announced significant platform fee reductions....
Financial planning
The Association of Financial Advisers has warned its members that product providers are unilaterally contacting clients regarding ongoing adviser fees and services....
Policy & Regulation
The Financial Planning Association has urged the Australian Securities and Investments Commission to act to ensure financial product manufacturers more consistently revea...
Superannuation
Changes to superannuation fee disclosure proposed by ASIC to improve transparency won’t solve the problem and could just increase confusion for consumers....
Financial planning
The Financial Planning Association has restated its position on a three-year phase-out of grandfathering, claiming that commissions have led to some consumers paying impl...
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Podcast
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...