Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1161 - 1170 of 4942 results for "fees"

AMP flags recovery, profit jumps

KARREN VERGARA  |  THURSDAY, 12 AUG 2021
... advice. AMP said it has completed identifying the clients affected by any inappropriate advice and those who were charged fees for no service and expects to compensate them by October. George is confident that the group will redeem itself and undo the ...

Multiple accounts already in sharp decline

ELIZABETH MCARTHUR  |  THURSDAY, 12 AUG 2021
... million superannuation accounts - indicating the huge proportion of workers holding multiple accounts, accruing necessary fees and failing to optimise the compounding of their retirement savings. This number of accounts slowly declined over the years ...

Abrdn acquires robo-adviser

ANNABELLE DICKSON  |  WEDNESDAY, 11 AUG 2021
... learning to feed into portfolio decision-making," Abrdn chief executive Stephen Bird said. "There is a downward pressure on fees, changing customer expectations and increasing regulatory requirements. It's important to address these issues by providing ...

Sunsuper, Iress launch adviser data feed

KARREN VERGARA  |  TUESDAY, 10 AUG 2021
... need for an optimal retirement. "It has the potential to translate to more Australians saving thousands of dollars a year in fees because their adviser recommended Sunsuper over a retail fund, as more advisers find it easier to work with Sunsuper," she ...

BT Panorama down for a week

ELIZABETH MCARTHUR  |  MONDAY, 9 AUG 2021
... could prepare the documentation for a new one and that was all scheduled for the first week of the month in order to ensure fees were not missed." "Well, that process collapsed completely which makes us ask if they had run a "system down" scenario in ...

Benchmarks for super property investments selected

ELIZABETH MCARTHUR  |  MONDAY, 9 AUG 2021
... YFYS regulations released last week, the government now wants super fund to be only tested on last year's administration fees instead of eight years' average in the APRA performance test. The bill passed the Parliament on June 17, with the first ...

Final YFYS regulations out, government "backflips" on admin fees

KANIKA SOOD  |  MONDAY, 9 AUG 2021
... YFYS regulations released last week, the government now wants super fund to be only tested on last year's administration fees instead of eight years' average in the APRA performance test. The last minute changes to the Your Future, Your Super ...

Government releases final YFYS regulations

KANIKA SOOD  |  FRIDAY, 6 AUG 2021
... sharpened the methodology for annual performance tests, which it says will incentivise underperforming products to reduce fees as soon as possible. It has also defined a 'stapled fund' including a tie-breaker rule to decide the stapling fund ...

Netwealth integrates with fintech

KARREN VERGARA  |  FRIDAY, 6 AUG 2021
... recommendations when using the Netwealth platform and will remove almost all the data entry involved in calculating their fees and asset allocation for use in their SoAs," he said. Since laughing in June, ProductRex now has over 350 users. The partnership ...

Super fund member meetings under the spotlight

KARREN VERGARA  |  FRIDAY, 6 AUG 2021
... were most interested in talking about cybercrimes; environmental, social and governance considerations; fund performance and fees; the impact of COVID-19; and the superannuation guarantee. As a result, ASIC expects improved practices across all super ...