Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1781 - 1790 of 4948 results for "fees"

Calls for review of advice regulation

HARRISON WORLEY  |  THURSDAY, 6 FEB 2020
... was increasing the cost of accessing accounting services, with almost 50% of practitioners indicating they had to increase fees to cover compliance costs. "This is also happening at a time where the financial services sector is experiencing a major structural ...

Where to from here?

JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
... will no longer be able to afford advice, he added. Kewin said there are other options available in addressing the issue of fees-for-no-service and labelled the fact there was no analysis or regulatory impact statement conducted as disappointing. Overall ...

FPA partners with Deakin University

ALLY SELBY  |  WEDNESDAY, 5 FEB 2020
... several postgraduate providers to make it easier for members to meet FASEA educational requirements, providing discounted fees for its 14,000 members. Units 1-4 of the CFP® certification have been mapped against the Masters units at the university. ...

Super fee obsession must stop

KANIKA SOOD  |  TUESDAY, 4 FEB 2020
... submissions to the Retirement Income Review, the body for private market investors has urged the government to focus less on fees and consider the place for illiquid assets in MySuper. Citing APRA's heat maps as an example, the Australian Investment ...

Perth advice firm folds

KANIKA SOOD  |  TUESDAY, 4 FEB 2020
... liquidators were able to recover a thin $20,480.77 for WAWM while WA Wealth Managers yielded no recoveries. After the liquidator fees of $17,573.14 and other expenses, the creditors were left without a dividend.

Corrupt adviser banned, AFSL canned

ALLY SELBY  |  TUESDAY, 4 FEB 2020
... also found that Shapter issued multiple Statements of Advice and inappropriate switching of advice to generate additional fees for himself. The majority of Shapter's clients were obtained through a referral arrangement with a third party appointed by ...

Robo-advice to be worth US$1.4 trillion

ELIZABETH MCARTHUR  |  TUESDAY, 4 FEB 2020
... robo-advisory market grew out of the 2008 financial crisis as small investors looked for wealth managers who charged lower fees, at a time of historic low interest rates on savings," the LearnBonds.com analysis said. "US startups Betterment and Wealthfront ...

Industry split over super fee hike

ELIZABETH MCARTHUR, JAMIE WILLIAMSON  |  TUESDAY, 4 FEB 2020
... specifically the 3% fee cap applicable to balances of less than $6000. It comes less than 12 months after the last increase to admin fees by the fund. The new fee has been met with skepticism, with consumer groups, industry insiders and even government ...

PIMCO puts Aussie LIT on ice

KANIKA SOOD  |  MONDAY, 3 FEB 2020
... has pulled the brakes on its $1 billion listed investment trust, as the Treasury conducts a public consultation on stamping fees for LICs and LITs. PIMCO announced plans to raise for the LIT in November last year, in what was to be a first for the company ...

The PDS is weak: Rice Warner

ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
... focussed on selling products and consumers were ignorant to the cost of advice as it was systematically built into product fees and the commission structure was undisclosed. Rice Warner said that today in a much more mature industry where consumers have ...