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Showing 1181 - 1190 of 3401 results for "Revenue"

AMP to cut contribution fees

JAMIE WILLIAMSON  |  WEDNESDAY, 11 DEC 2019
... grandfathered conflicted remuneration, AMP advised that any adviser with clients in these products will stop receiving the revenue or commission relating to those fees. The change will be communicated to clients in the first half of 2020. "Contribution ...

AMP Capital commits more to Melbourne students

ALLY SELBY  |  WEDNESDAY, 11 DEC 2019
... post-graduate facility will complement our existing undergraduate-focused facilities and provide investors with a CPI-linked revenue stream that is backed by strong demand for on-campus student accommodation from interstate and international students," ...

ESG scores may be inflated: Eaton Vance

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2019
... larger-cap peers, many small-cap companies are not conglomerates and, in fact, have more targeted, highly specialized revenue streams, as well as tend to operate in more volatile segments of the capital markets," it said. "For these companies, identifying ...

FASEA adds adviser representative to board

JAMIE WILLIAMSON  |  TUESDAY, 10 DEC 2019
... the Professional Standards Council on which he is the Commonwealth representative as appointed by former Minister for Revenue and Financial Services, Kelly O'Dwyer. "This appointment will continue the high level of skills and experience available to ...

K2 head of distribution departs

KANIKA SOOD  |  FRIDAY, 6 DEC 2019
... Management signed a partnership with Principals Funds Management in February to distribute its funds. It reported total revenue of $4.8 million for FY19 and an after-tax loss of $1.3 million.

CFS culls grandfathered commissions, slashes fees

KANIKA SOOD  |  FRIDAY, 6 DEC 2019
About 6000 financial advisers are set to lose $1700 per year in revenue, as Colonial First State starts to put grandfathered commissions to bed. The $145 billion manager is starting the phase out of grandfathered commissions with a small slice of the ...

Chief economist update: A penny saved, a penny not earned by the economy

BENJAMIN ONG  |  FRIDAY, 6 DEC 2019
"As this prudent economy, which some people call Saving, is in private families the most certain method to increase an estate, so some imagine that, whether a country be barren or fruitful, the same method if generally pursued (which they think practicable) ...

Bill to defer adviser education standards tabled

ELIZABETH MCARTHUR  |  THURSDAY, 5 DEC 2019
... day after the bill receives Royal Assent. The amendments were cited as minor in nature and therefore unlikely to have a revenue impact and the potential compliance cost impact was expected to be minimal. These changes, which advice associations including ...

Fee cuts at super fund

KANIKA SOOD  |  MONDAY, 2 DEC 2019
... and managed fund options. During the year it reported an underlying profit after-tax of $5 million from $36 million in revenue. Its FUM, revenue an inflows grew over the year but FUM-based revenue margin has continued to fall over the years, from 1.40% ...

How much a self-licensee spends on compliance

KANIKA SOOD  |  THURSDAY, 28 NOV 2019
... Melbourne-based self-licensed financial planner has shared how much her practice spends on compliance for every $100 of its revenue. Speaking at the FPA Congress, Angela Martyn of Personal Financial Services said $4.50 for every $100 of revenue is currently ...