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Showing 101 - 110 of 375 results for "Reduces"

EOFY tips for advisers

KARREN VERGARA  |  WEDNESDAY, 30 JUN 2021
... next financial year and that income is accounted for in FY22, he said. Expenses can also be deferred, which in effect reduces profit. Advisers with debts in their books can be written off by June 30 and claim a tax deduction. Sole traders not using the ...

Better Advice regulations hit parliament

KARREN VERGARA  |  FRIDAY, 25 JUN 2021
... for financial planners and a single regulatory regime," De Gori said. "The FPA will continue to advocate for reform that reduces duplication and the rising costs facing financial planners."

Advisers win annual renew law relief

KARREN VERGARA  |  FRIDAY, 11 JUN 2021
... will continue to work constructively with industry to provide an enhanced regulatory framework for financial advice that reduces costly red tape on industry and maximises outcomes for consumers. The financial services Royal Commission recommended the ...

Advisers jump onto paraplanning platform

KARREN VERGARA  |  WEDNESDAY, 2 JUN 2021
... services like paraplanning also fell by the wayside, forcing advisers to actively look for such support. The marketplace reduces the costs and time for advisers, who now don't have to spend $30,000 outsourcing paraplanning work, and save up to $80,000 ...

Local Government Super rebrands, reduces fees

JAMIE WILLIAMSON  |  TUESDAY, 25 MAY 2021
As part of a broader strategy to grow the fund, Local Government Super has adopted a new name and cut some of its fees. Effective today, LGS will be known as Active Super; a name that "captures our long-standing active pursuit of investments that deliver ...

Victoria Devine launches investing platform

ELIZABETH MCARTHUR  |  MONDAY, 24 MAY 2021
... $19,999 a $9.95 monthly flat fee will be charged. For those with between $20,000 and $199,999, 0.5% per annum is the fee and reduces to 0.4% up to $499,999 and 0.3% on balances over $500,000. Devine and She's on the Money will make a percentage of the ...

Catholic Super bank implements Temenos

KANIKA SOOD  |  MONDAY, 12 APR 2021
... MyFinance has implemented Temenos' digital banking platform replacing its legacy system. Temenos said the implementation reduces the bank's complexity by moving all processes and data to one core system, Temenos Transact. It can also complete conditional ...

Class action launched against OnePath

ELIZA BAVIN  |  TUESDAY, 5 JAN 2021
... super members." "Given how long this went on for, even small differences in the interest rate adds up and substantially reduces returns on members' retirement savings, shortchanging them potentially thousands of dollars." Morrison said there was no justification ...

What you read in 2020

JAMIE WILLIAMSON  |  FRIDAY, 18 DEC 2020
... paying. The fund said the fee was needed to cover a shortfall that was the result of the PYS legislation, saying: "This reduces the funds available to cover administration costs, products and services for all members. The new fee will be used to cover ...

Iress scores dealer group mandate

JAMIE WILLIAMSON  |  TUESDAY, 8 DEC 2020
... Lumen. The Lumen software scans for risks such as non-compliance with ongoing service and FDS obligations, which in turn reduces the need to rely on internal resources. According to Rainmaker data, FYG currently has 75 financial advisers on its books ...