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FEES
Funds management
Premium China Funds Management has announced a reduction in fees applying to its Premium Asia Fund....
Expert Analysis
JD de Lange writes that high performance fees in themselves aren’t a problem, but that paying high fees for poor performance is....
Superannuation
Legislation that passed the Senate last week could see fees slashed to less than three per cent on five million superannuation funds, with AMP, Hostplus, and ANZ OnePath ...
Financial planning
The Federal Government has reinforced its intention to prohibit the deduction of advice fees from MySuper accounts at the same time as signalling more flexibility around ...
Superannuation
MTAA Super has announced an administration fee reduction of 10 cents a week, saying it will result in a six per cent annual saving for members....
SMSF
While the Productivity Commission modified its earlier findings to better reflect true SMSF returns in its final report, Class has warned that aspects of its calculations...
Funds management
Investors are struggling to reconcile the risk-return trade off inherent in investing, according to a new Natixis Investment Managers survey....
Financial planning
Financial firms who are members of the Australian Financial Complaints Authority must notify the Australian Securities and Investments Commission of their membership by t...
Superannuation
The Royal Commission has heard that the time-table attaching to the AMP superannuation fund boards’ decision to cut MySuper fees by 50 basis points was devised elsewhere ...
Policy & Regulation
The chairman of National Australia Bank, Ken Henry has told the Royal Commission it should consider allowing banks to remediate customers without first seeking permission...
Superannuation
As the banks face issues with customer satisfaction so too have their associated super funds, with industry funds having increased their customer satisfaction ratings ove...
Financial planning
NAB chief executive, Andrew Thorburn, has defended some fees for no service charged by the bank as a “process issue” rather than dishonesty, as he came under fire at the ...
Superannuation
New analysis from Rice Warner has suggested that the removal of volume-based adviser fees would challenge superannuation just as much as it would challenge planning firms...
Superannuation
The Federal Senate will this week consider the controversial amendment to the Superannuation Industry (Supervision) Act first proposed by the then-Treasurer Scott Morriso...
People & Products
Digital wealth platform, InvestSMART has launched a new pricing model via its PMA platform....
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Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...