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| | | ... members for fees. "This not only allows dud super funds to whitewash years of fee gouging, it also gives unscrupulous players free reign to fiddle the books and shift costs to the investment side with little impact on the performance assessment," ISA ... |
| | | | Vanguard is offering its US staff US$1000 ($1300) to get vaccinated against COVID-19. A spokesperson said the fund manager has no plans to roll out the incentive for its Australian workers as yet. "While Vanguard strongly encourages staff to get a COVID-19 ... |
| | | | ... Masterplan. Vision Wealth established a website to attract clients by helping them find their lost super through the ATO's free service with Allan and Urrutia then using the results to provide clients with superannuation consolidation and insurance advice. ... |
| | | | ... According to the ABS: "The increase in annual CPI inflation includes some 'base effects' following the introduction of free child care and a record fall in fuel prices in the June 2020 quarter." In addition, these "distortions" aside, the underlying ... |
| | | | ... of a policy based on the commission, Leigh said. "The challenge with that argument is that it suggests there is a conflict-free alternative, and a fee-for-service arrangement which most advisers are now operating under has the same conflicts as well," ... |
| | | | The Governance Institute of Australia has named a former superannuation association chief executive as its new chair. Pauline Vamos joined the national membership association for governance professionals in July. She replaces Andrew Leake, who was president ... |
| | | | A financial advice industry association, which had been vocal in boycotting the FASEA exam and fighting to retain life commissions, has shuttered. The United Financial Advisers Association (UFAA), which claimed to have 6000 members, quietly ended operations ... |
| | | | Lumiant has launched a free module for its adviser customers to enhance its fact find process by including a survey to understand clients' ideal outcomes. The Your Life module includes statements based around Lumiant's eight dimensions of wellbeing ... |
| | | | Among the changes announced this morning, AMP is putting an end to all Buyer of Last Resort (BOLR) arrangements at the end of the year and giving advisers the freedom to leave the network with their clients from 2022. As part of a new service model ... |
| | | | ... report that a total of 123 people linked to the games had been infected since the start of July. Despite being spectator-free, there are fears that the games could become a super-spreader event, with daily infections estimated to soar around 2600 by ... |
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