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Showing 1671 - 1680 of 9375 results for "Fee"

Financial advice adds $150k in retirement: Analysis

JAMIE WILLIAMSON  |  TUESDAY, 29 NOV 2022
Research from Aware Super suggests members who access financial advice end up $150,000 better off in retirement compared to those that don't. From a sample of over 100,000 members, some of which received comprehensive advice, Aware Super found those ...

Crescent Wealth misreports indirect costs, breaches regulatory standards

ANDREW MCKEAN  |  MONDAY, 28 NOV 2022
Equity Trustees, the trustee of Crescent Wealth Superannuation, has said the fund's estimated costs weren't calculated or disclosed correctly, breaching regulatory standards. The finding follows a review by Equity Trustees, of the fund's ...

Code of Ethics must be fixed: Phil Anderson

CASSANDRA BALDINI  |  MONDAY, 28 NOV 2022
... recommending an operation and doing the operation. "We also know in financial advice, that charging on an hourly rate or even a flat fee, does not remove all conflicts," he said. He highlighted that following the release of the Code of Ethics, FASEA ...

Bahamian firm joins Future Gen portfolio

CHLOE WALKER  |  MONDAY, 28 NOV 2022
Holowesko Partners has been added to Future Generation's global investment portfolio. Holowesko Partners was founded in 2001 by Bahamas-based Mark Holowesko, who previously served as director, chief investment officer and director of research Franklin ...

Australian Ethical, Christian Super merger finalised

JAMIE WILLIAMSON  |  MONDAY, 28 NOV 2022
... ethically and look forward to communicating the benefits of increased scale to all super fund members which we'll be passing on as fee reductions," Australian Ethical chief executive John McMurdo said. He added that Australian Ethical has undergone a ...

Sovereign wealth funds increase investment horizons, private market exposure

ANDREW MCKEAN  |  FRIDAY, 25 NOV 2022
Sovereign wealth funds have continued to extend their investment time horizons in reaction to high levels of volatility, increasing allocations to illiquid private markets, an Invesco Global Sovereign Asset Management study said. The Invesco study ...

Advising through disability implications

CASSANDRA BALDINI  |  THURSDAY, 24 NOV 2022
... first 10 hours of any claim will be at her expense. "If it goes over 10 hours, we have the discretion to charge a no-win, no fee," she said. "That gives us the resources we need rather than sending the client off to a solicitor who might take 40% of ...

Advisers must register for FSCP: ASIC

CASSANDRA BALDINI  |  THURSDAY, 24 NOV 2022
Appearing at the FPA Congress today, ASIC senior executive leader Leah Sciacca explained that all financial advisers will need to register with the ASIC Financial Services and Credit Panel, in addition to being registered on the Financial Advisers Register. ...

ETP naming conventions updated

JAMIE WILLIAMSON  |  THURSDAY, 24 NOV 2022
Following consultation, ASIC has updated naming conventions for exchange-traded products, dividing them into two levels of labelling. The regulator has updated Information Sheet 230 Exchange-traded products: Admission guidelines, splitting naming conventions ...

No big surprises, Levy promises

CASSANDRA BALDINI  |  WEDNESDAY, 23 NOV 2022
... there will be a clear divide between advisers and non-relevant providers. "I don't think you should worry. The idea of the fee is something that I think protects the industry, rather than trying to distinguish on the complexity it neatly gets you ...