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

Search Results

Showing 411 - 420 of 1563 results for "Competition"

Australia investor friendly, not consumer friendly: Report

ELIZA BAVIN  |  WEDNESDAY, 18 SEP 2019
... seen fund fees continue to decline across global markets." "This reflects a number of key trends including orderly competition, regulatory intervention, and changing practices that have led to the unbundling of advice and sales fees from fund expense ...

Chi-X launches new trading solution

KRISTI CHENG  |  MONDAY, 16 SEP 2019
... participants to execute large orders with price certainty, while remaining anonymous, but that it's also vital for healthy competition in the market," O'Brien said. In addition to the new MatchPoint, Chi-X also offers innovations such as Warrants, TraCRs ...

Dealer group to fight grandfathered commissions ban

ELIZABETH MCARTHUR  |  FRIDAY, 13 SEP 2019
... requiring consideration to be given to the impact of his recommendations on the economy, the cost and access to advice, competition and other factors," Ardino said. Lifespan wants to make it clear that grandfathered commissions do not involve misconduct ...

Kapstream cuts fees on flagship fund

KANIKA SOOD  |  WEDNESDAY, 11 SEP 2019
The Kapstream Absolute Return Income Fund is shaving 15bps off its retail fees, as competition in the segment heats up and yields drop. The fund currently has about $3.8 billion of retail money and will go from charging 70bps to 55bps in annual management ...

Treasurer moves on broker remuneration

ELIZABETH MCARTHUR  |  TUESDAY, 27 AUG 2019
... Commissioner Hayne's recommendations. "Mortgage brokers play an important role in promoting good consumer outcomes and competition in the home loan market. Mortgage brokers have a strong presence in the home loan market accounting for close to 60 % of ...

Best online brokers revealed

ELIZABETH MCARTHUR  |  THURSDAY, 22 AUG 2019
... director Recep Peker explained the satisfaction results are significant because it shows the big banks are facing stiff competition. "Bank-backed brokers are facing strong competition from established independent brokers such as Bell Direct, CMC Markets ...

Super sector needs to end culture war

KRISTI CHENG  |  FRIDAY, 16 AUG 2019
... on members. In his speech at the Rice Warner Symposium on Monday, Bragg condemned the lack of retail and wholesale competition in super funds, saying the focus of the sector has been "distorted" by how much government-mandated money it receives. "This ...

State Street loses biggest ETF title

KANIKA SOOD  |  WEDNESDAY, 14 AUG 2019
... June, making it the largest ETF with about $4.06 billion at July end. Australian equities ETFs have seen fierce price competition recently. Vanguard and BlackRock iShares both dropped the fees on their offerings in the segment, following BetaShares which ...

Pinnacle kicks off race to zero-fee ETFs

KANIKA SOOD  |  MONDAY, 29 JUL 2019
... are enough drivers for ETF issuers to deliver for this appetite: Aussie ETF assets have just crossed $50 billion, competition is fierce and with Pinnacle's zero-fee ETF, issuers are willing to sacrifice profit for a longer client relationship. Analysis ...

Open Banking gets another shot in parliament

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUL 2019
... customised to individual's needs. "Progress to the February launch is well advanced," Frydenberg said. "The Australian Competition and Consumer Commission (ACCC) will issue the 'lock-down' version of the Rules governing the system by the ...