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Showing 1431 - 1440 of 9372 results for "Fee"

Super funds embrace offshore investment, internal teams

ANDREW MCKEAN  |  WEDNESDAY, 28 JUN 2023
JPMorgan's ' The Future of Superannuation ' report highlights how Australia's largest super funds are leveraging their scale to invest offshore and bolster their internal investment capabilities. This strategic shift is particularly ...

Asset managers ride the storm: Research

CHLOE WALKER  |  WEDNESDAY, 28 JUN 2023
... operating models is increasingly key to keeping up with (and staying ahead of) peers," it said. "As the industry continues to face fee pressure, and consolidation continues, asset managers need to ensure they remain differentiated from the crowd and ...

abrdn sells local trustee business

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
MSC Trustees has acquired abrdn's Australian trustee entity, becoming the corporate trustee of 10 funds. The fund book, comprising $1.5 billion in funds under management, includes the abrdn Sustainable Asian Opportunities Fund, abrdn Sustainable ...

Jones lifts adviser levy freeze, updates funding model

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... smaller entities funding ASIC's enforcement action taken by against larger entities. Jones recommends that ASIC is delegated fee-setting powers to ensure fee amounts continue to reflect full cost recovery. "The government also supports ASIC taking ...

Anti-hawking laws could dampen super fund advice: Academic

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... Superannuation forecasts: Calculators and retirement estimates states trustees should not provide reasonable investment earning and fee assumptions "based on specific financial products as long as the superannuation calculator does not advertise or promote ...

MSCI ponders reclassifying Nigeria, Egypt

JAMIE WILLIAMSON  |  MONDAY, 26 JUN 2023
MSCI is consulting with industry as to whether Nigeria should be reclassified as a Standalone Market, while considering doing the same for Egypt. MSCI announced it will continue to consult with market participants on potentially reclassifying the MSCI ...

BlackRock Bitcoin ETF: A landmark institutional event?

ANDREW MCKEAN  |  MONDAY, 26 JUN 2023
The BlackRock ETF filing with the Securities and Exchange Commission (SEC) has been touted by Magnet Capital co-founder Egor Sidelska as the most significant institutional event in Bitcoin history. Sidelska said the BlackRock ETF filing is a definitive ...

Advisers embrace less back-office burden

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
... advice record that is more fit-for-purpose. Financial Service Guides (FSGs) will be provided with more flexibility and ongoing fee renewals and consent requirements will be streamlined into a single form. Fox and Hare co-founder and financial adviser ...

ALRC to simplify, restructure advice laws

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
The Australian Law Reform Commission's (ALRC) third and final interim report is proposing to restructure and simplify financial advice regulation after finding the industry is regulated very differently to other financial services sectors. Interim ...

Super funds ready to offer advice: Podcast

CASSANDRA BALDINI  |  THURSDAY, 22 JUN 2023
... at intermediate options when it comes to charging clients. "If someone accesses a particular service, they may pay a small fee," he said. "These are things that funds are going to be weighing up in terms of their obligations to act in the best financial ...