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Showing 1581 - 1590 of 9372 results for "Fee"

Centrepoint Alliance scoping for scale

JAMIE WILLIAMSON  |  FRIDAY, 24 FEB 2023
... targets. "When considering potential licensee acquisition targets our focus is on adviser quality, low claims risk, comparable fee structures, realisable synergies, and cultural alignment," Centrepoint said. The firm said it is also focused on acquiring ...

Bridges can meet advice affordability gap: Mota

KARREN VERGARA  |  FRIDAY, 24 FEB 2023
... business was down 10% year on year to $103.7 million. This was partly because of consolidating Bridges with MLC Advice, as low fee-paying clients move off fixed-term services. "The reduction is mainly across the self-licensed and self-employed channels ...

ASIC questioned over workplace culture

CASSANDRA BALDINI  |  THURSDAY, 23 FEB 2023
ASIC has been asked if its culture is toxic following the Treasury investigation into deputy chair Karen Chester. At a hearing this morning, a letter written by Secretary Treasurer Kennedy to ASIC chair Joe Longo regarding Chester's conduct was ...

AET divestment drives Insignia profit gain

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... Advice. Over the six-month period the advice business was also impacted by $90 million paid in remediation, with the ANZ Advice fee for no service program being finalised. Overall, cost cutting saw Insignia save 7% in operating expenses, coming in at ...

Link Group secures mandate renewal

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2023
Marking more than three decades in partnership, Rest has flagged it will likely extend its mandate with Link Group, under a new agreement that includes the creation of a joint digital innovation team. Link has been providing administration and other ...

Advice group convicted of hawking

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2023
... company made unsolicited calls to consumers to encourage them to move their super into a different product, charging an initial fee for the rollover and ongoing fees. "Australians work hard to build up their super. Unsolicited calls can convince consumers ...

Betashares A200 fees drop

CHLOE WALKER  |  WEDNESDAY, 22 FEB 2023
Betashares has reduced the management fee of its Australia 200 ETF (A200) from 0.07% to 0.04%. Specifically, the price drop means investors will pay a cost management fee of $4 for every $10,000 invested in A200. Betashares chief executive Alex Vynokur ...

CBA Group Super pursues merger with ART

ANDREW MCKEAN  |  WEDNESDAY, 22 FEB 2023
... large, well-established fund, Australian Retirement Trust can offer a broader range of products and services at competitive fee levels for members. We are confident that a merger would deliver value for our members leading into and during their retirement." ...

Financial Circle director convicted, fined

CHLOE WALKER  |  TUESDAY, 21 FEB 2023
A director of the now defunct financial services firm has been convicted of managing a corporation and fined $6000. Joshua David Fuoco pleaded guilty to the charges in the Melbourne Magistrates Court. The charge arose from an ASIC investigation that ...

abrdn terminates funds amid transition

JAMIE WILLIAMSON  |  MONDAY, 20 FEB 2023
abrdn is terminating five funds as part of the consolidation of the local business, key to which is its recent partnership with SG Hiscock. The fund manager has confirmed it will terminate a raft of funds on or around March 15, including some of its ...