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Showing 151 - 160 of 192 results for "Advice fees"

Low cost pensions to shake-up UK market

ALEX DUNNIN  |  TUESDAY, 22 MAY 2012
... operate like Australian retirement wrap platforms where members pay platform fees, external investment management and advice fees that can amount to up to 2% in total charges notwithstanding a range of low cost SIPPs now offer flat "wrapper" fees starting ...

Clarity needed for FOFA opt-in exemption

RACHEL DAVIS  |  FRIDAY, 4 MAY 2012
... opt-in exemption will still be required to seek active consent from their clients every two years to continue charging advice fees. "Under existing statutory powers which were not enacted specifically for the purpose of opt-in, ASIC can exempt advisers ...

No time for FOFA impact statement: OBPR

MELANIE TIMBRELL  |  WEDNESDAY, 15 FEB 2012
... benefits, access to advice, replacement of the accountant's exemption, renewal requirements on on-going financial advice fees to retail clients and the treatment of paid commissions on insurance products outside of super were named as the six elements ...

MySuper Mythconceptions

ALEX DUNNIN  |  TUESDAY, 22 NOV 2011
... which is the whole point of MySuper. The fee obligations around MySuper are so flexible they even cover intra-fund advice fees which can be built into the administration charges. Investment fees can meanwhile include all costs associated with manager ...

Tax forum tackles wealth management issues

ELISE BURGESS  |  FRIDAY, 7 OCT 2011
... seek advice build retirement savings and reduce reliance on the Age Pension. Rantall suggested tax deductions for advice fees and fee rebates targeting low to middle income earners, amended tax and super laws to allow for longevity risk products and ...

Boutique focus with new super product: Bendigo Wealth

ELISE BURGESS  |  FRIDAY, 30 SEP 2011
... superannuation plan that advisers can alter to suit the needs of their clients along with the option to add their own optional advice fees. Among the ten funds are five active and five index covering defensive, conservative, balanced, growth and high ...

ISN submission targets advice requirement

ELISE BURGESS  |  TUESDAY, 20 SEP 2011
... obligations apply to existing clients who are paying ongoing commissions and fees. "The annual disclosure requirement for advice fees must apply to all clients, existing and new, and must require disclosure of all payments. It is inconceivable that the ...

FOFA: Opt-in obligations, ASIC

ELISE BURGESS  |  MONDAY, 29 AUG 2011
... outlined was $50,000 for an individual and $250,000 for a body corporate. Only advisers intending to charge ongoing advice fees to retail clients need to provide the opt-in notices. "Opt-in won't create a significant new impost for advisers who are in ...

FOFA: Government extends soft-dollar benefit ban to non-super risk insurance

ALISON BEVEGE  |  MONDAY, 29 AUG 2011
... financial planning firm, its representatives or its associates other than basic monetary commissions or direct client advice fees that may influence its decisions. Previously the ban only affected the same products as the broader ban on conflicted remuneration ...

FOFA divides on commission

ELISE BURGESS  |  MONDAY, 29 AUG 2011
... they don't receive with opt-in and will build aggregate national savings by billions of dollars. "The deduction of advice fees and commissions from Australian's super savings - where no advice is provided - is an unconscionable and unsustainable feature ...