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Showing 161 - 170 of 9443 results for "Fee"

Bell Financial looks to diversify revenue, targets 'holistic' strategy

RIDDHIMA TALWANI  |  FRIDAY, 8 MAY 2026
... transformation into a broader, more holistic wealth manager, we expect this will result in an increasing contribution from fee-based revenue versus transaction-based revenue over time," he added. As part of this diversification strategy, BFG said it ...

Advice industry can't afford CSLR to be an 'unsustainable mess': FAAA

MATTHEW WAI  |  FRIDAY, 8 MAY 2026
A recent survey conducted by the Financial Advice Association Australia (FAAA) shows the Compensation Scheme of Last Resort (CSLR) levy will increase the cost of financial advice and may see a significant departure of advisers from the industry. The ...

Magellan confirms job losses

ELIZA BAVIN  |  THURSDAY, 7 MAY 2026
... lower-cost systematic approached also reshapes Magellan's own product suite," Ler said. "We don't expect earnings improvement. The fee reduction compresses margins directly and cost savings offer only a partial offset. Magellan explicitly flagged continues ...

Lead generation a 'conveyor belt of harm': Longo

RIDDHIMA TALWANI  |  THURSDAY, 7 MAY 2026
Departing ASIC chair Joe Longo said the most effective way to tackle unscrupulous actors in lead generation activity would be to stop it at the source and ban all unlicensed communications. Speaking at the Financial Counselling Australia conference ...

Insurance premiums to drop for HESTA members

JAMIE WILLIAMSON  |  THURSDAY, 7 MAY 2026
The cost of insurance for most HESTA members is dropping across all cover types by an average of 12%. From July 1, members will pay less for the same level of death, total and permanent disability (TPD), and income protection cover. On average, the ...

RBA hikes rates, suggests more to come

ELIZA BAVIN  |  WEDNESDAY, 6 MAY 2026
The Reserve Bank of Australia (RBA) hiked interest rates by 0.25% at the May meeting, bringing the official cash rate to 4.35%. This hike has now fully reversed the 75bps of cuts delivered last year and the cash rate is now in-line with its peak during ...

Adviser-client relationships eroded by AI: Research

MATTHEW WAI  |  WEDNESDAY, 6 MAY 2026
While there are elements of artificial intelligence (AI) that boost operational efficiency for financial advisers, a new study finds they are not fond of the idea of their clients seeking a second opinion through the technology, as it can be "insulting ...

Magellan awards $5.3bn global equities mandate

ELIZA BAVIN  |  TUESDAY, 5 MAY 2026
... interests of unitholders, taking into account evolving client needs, portfolio construction trends, investment performance and fee competitiveness." As a result of the change, effective today, Magellan will reduce the management fees for the funds from ...

Dexus and Boral partner in $10bn project

VINNY VUCAGO  |  TUESDAY, 5 MAY 2026
... group will take on multiple roles across the project, including development, property and investment management, generating fee income and each stage is executed. Dexus said the project reflects continued investor demand for large-scale logistics assets ...

Super funds score win on stamp duty disclosure

JAMIE WILLIAMSON  |  MONDAY, 4 MAY 2026
The way in which super funds will have to disclose stamp duty as part of fees and costs to members is changing from July. From July 1, stamp duty paid in one year will be disclosed over the following seven years in fees and costs summaries publishing ...