Big industry fund Hostplus has detailed to a Parliamentary Committee an eight-fold increase in comprehensive advice fees over just five years....
The fund’s typical member with $50,000 invested in a MySuper product would see a reduction of $55 per year....
The Financial Adviser Standards and Ethics Authority has confirmed that financial advisers will face higher costs in obtaining a financial advice degree as a result of Go...
Six of Australia's largest banking and financial services institutions have offered a total of $1.05 billion in compensation, as at 30 June 2020, to customers who suffere...
The Australian Securities and Investments Commission has endorsed the ability of superannuation funds to obtain advice services from financial planning firms underpinned ...
The authorised representatives are feeling hamstrung by the unwillingness of their licensees to provide appropriate fintech and regtech solutions, according to the Financ...
Membership fees are the lifeblood of industry superannuation funds and new analysis has revealed they appear to have taken a mighty hit from the Government’s hardship ear...
The Government and the regulator are showing signs that they now understand they have gone too far in driving up the cost of financial advice, according to panellists at ...
The industry has an opportunity to reduce the cost of advice and to make the process more efficient and profitable for life/risk advisers, according to MLC....
Nine of Perpetual’s fixed income funds will have their management fees reduced from 1 October, 2020. ...
The question is being asked about whether advisers will vote with their feet or look to self-licensing as they confront higher dealer group fees moving into 2021....
RARE Infrastructure has reduced fees on its suite of global infrastructure funds including removing performance fees from its Infrastructure Value funds. ...
State Street has reduced the fees on its flagship Australian and global equity funds in order to best offer value to investors. ...
The firm is reducing its management fees across 16 funds in October to ensure its fee levels are competitive....
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....
What happened to the 700,000 million of MLC if $1.2 Billion was migrated to Expand but Expand had only 512 Million in in...
The judge was quite undrstanding! THEN AASSIICC comes along and closes him down!All you 15600 people who work in the bu...
How could that underestimate happen?usually the quote transfer straight into the SOA, and what on earth has the commissi...