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Showing 191 - 200 of 213 results for "Advice fees"

New performance reporting standards for retail funds

ALEX DUNNIN  |  WEDNESDAY, 26 MAY 2010
... reporting format that will require retail super funds to revert back to performance figures gross of any ongoing and advice fees. The objective is to facilitate comparability of super fund returns across sectors, especially between not-for-profit funds ...

Commissions by another name

ALEX DUNNIN  |  WEDNESDAY, 28 APR 2010
Luke Hartsuyker, opposition spokesperson for superannuation and corporate law, has labelled fee-for-service advice fees no better than commissions and said they wouldn't fix conflicts of interest. Hartsuyker made the statements while attempting to attack ...

Planner fees for super advice cost $1.3bn

ISN PRESS RELEASE  |  MONDAY, 19 APR 2010
... the MySuper proposals foreshadowed by the Cooper Review. The report recommends that an "opt in" system for financial advice fees be introduced "to reinforce the sovereignty of the consumer." This is in stark contrast to the "opt out" model being championed ...

UK bans commission payments from products

MICHAEL HOBBS  |  TUESDAY, 30 MAR 2010
... for the local environment." However, many wealth management groups in Australia still requiring the fee for service advice fees to be paid through their platforms highlights how difficult breaking this nexus between advisers and clients in practical ...

AXA Asia Pacific taps SMSFs, restructures fees

MICHELLE BALTAZAR  |  TUESDAY, 1 DEC 2009
... into the SMSFs sector, flags plans to remove all entry, exit and trail commission products from its APLs and unbundle advice fees from product fees on all of AXA's on-sale products. In an investor presentation today, the group announced it bought Multiport ...

More room to slash super fees

MICHELLE BALTAZAR  |  TUESDAY, 29 SEP 2009
... cent in fees. Monaghan said that the fees in this sector could go down as more retail funds unbundle admin fees from advice fees and new products with less bells and whistles come onstream. Higher than average investment fees Monaghan also touched on ...

Make advice tax deductible: IFSA

MICHAEL HOBBS  |  MONDAY, 31 AUG 2009
... the creation of a financial plan or to an ongoing investment." Rainmaker Information estimates the total amount of advice fees collected represents $2 billion a year. In its submission to the Parliamentary Joint Committee on Corporations and Financial ...

AMP FP to move to fee-for-service by June 2010

MICHAEL HOBBS  |  THURSDAY, 20 AUG 2009
... business move to a fee-for-service model by June 2010. This means there would be explicit pricing and a separation of advice fees from AMP products. "For a consumer, it will mean that when they sit down to do business with an AMP financial planner, they ...

AMP gears up for changes in advice

RUTH LIEW  |  THURSDAY, 9 JUL 2009
... regulatory and changes sweeping the super industry. Part of this process includes heightened transparency - and separating advice fees from product costs so clients can see exactly what they're paying for. "We have begun the process of evolving our advice ...

IFSA launches superannuation Charter

ALEX DUNNIN  |  WEDNESDAY, 17 JUN 2009
... for financial advice in their superannuation. Fund members will be able to negotiate the value they receive for the advice fees they pay - and to opt-in or opt-out of advice payments depending on their circumstances and needs," he said. The Charter also ...