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Showing 41 - 50 of 8325 results for "Fee"

Why aged care advice needs tougher regulation

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
... Steps director Louise Biti said the variety of care options, rush to make immediate decisions, cost of advice, complicated fee structures, conflicts of interest, and raw emotions are just a few of the challenges when accessing aged care advice. "Moreover ...

Foreign investors optimistic about Australia

ELIZA BAVIN  |  WEDNESDAY, 10 APR 2024
Foreign investors are feeling particularly optimistic about Australia, according to Kearney's Global Business Policy Council's 2024 Foreign Direct Investment Confidence Index (FDICI). The survey, which reflects investor sentiment regarding foreign direct ...

ETF market to soar 30%: State Street

KARREN VERGARA  |  TUESDAY, 9 APR 2024
... markets and sales teams that understand liquidity and the suitability of ETF products for individual investors. "Additionally, fee rationalisation is needed. Investors who purchase ETFs are generally fee sensitive and are only willing to pay more if ...

Regal shutters East Point AM

KARREN VERGARA  |  TUESDAY, 9 APR 2024
One year since post-acquisition, Regal Partners has shuttered East Point Asset Management (EPAM) following a period of "challenging performance" and the exit of a seed investor. Regal acquired the Hong Kong-based alternative fund manager last year. ...

Super advice fee deductions compound red tape: JAWG

KARREN VERGARA  |  MONDAY, 8 APR 2024
... Measures) Bill 2024, which was introduced in parliament on March 27, proposes to legislate trustees' ability to pay a fee from a member's super account to an adviser for personal financial advice provided as per Recommendation 7 of the Quality ...

Senate Committee endorses Superannuation Objective Bill

ANDREW MCKEAN  |  WEDNESDAY, 3 APR 2024
The Senate Economics Legislation Committee has recommended the passage of the Superannuation (Objective) Bill 2023, marking its likely enactment. The Committee urged Parliament to prioritise passing the bill in a report released last week because of ...

Former adviser slapped with 12 charges

KARREN VERGARA  |  WEDNESDAY, 3 APR 2024
... charges on David Mario Valvo while running his practice Your Financial Freedom. ASIC alleged that Valvo submitted adviser fee withdrawal forms for 12 of his clients' Wealthtrac superannuation accounts for amounts totalling about $110,000, knowing ...

Wealth firm gears up to change administrator

ANDREW MCKEAN  |  TUESDAY, 2 APR 2024
... increasing efficiency and decreasing processing times on requests," Constable said. While the data migration will result in fee reductions for some members, the "ultimate goal" is to consolidate everything onto one platform, streamlining products and ...

BlackRock faces 'stiff competition' from APAC asset managers

ANDREW MCKEAN  |  TUESDAY, 2 APR 2024
BlackRock has maintained its position as the best brand among asset managers in the US and APAC, though subtle shifts are signalling change, according to the latest Broadridge Fund Brand 50 report. Incorporating insights from 1200 fund selectors and ...

TelstraSuper reduces admin fees

ELIZA BAVIN  |  TUESDAY, 2 APR 2024
TelstraSuper has lowered its percentage-based administration fee, effective April 1. The percentage-based administration fee will be reduced from 0.17% to 0.16% p.a. of each member's account balance. "As every little bit counts, we think that this move ...