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Showing 631 - 640 of 4071 results for "Personal"

Adviser levy discount amounts to $8m saving

KARREN VERGARA  |  FRIDAY, 10 NOV 2023
... ASIC published their estimates for the 2022-23 year, in June, the total cost recoveries for financial advisers providing personal advice to retail clients was estimated at $55.5 million," FAAA chief executive Sarah Abood said. "The FAAA challenged this ...

Vanguard Super institutes advice fee function, tweaks options

ANDREW MCKEAN  |  WEDNESDAY, 8 NOV 2023
... of next month, Vanguard Super members can opt to have advice fees deducted directly from their SaveSmart account when personal advice is provided by a licenced financial adviser registered with the super fund. There are some caveats regarding the payment ...

Aussies value super but remain unprepared: Data

CASSANDRA BALDINI  |  WEDNESDAY, 8 NOV 2023
... them reach their financial goals. Despite this, research revealed that 20% feel slightly prepared to navigate unexpected personal finance challenges, while 11% don't feel prepared at all. Almost four in five Australians (79%) have a ballpark idea ...

Legalsuper hits members with increased fees

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
Legalsuper is raising the investment fees of its MySuper balanced option product from December 14, resulting in an annual cost increase for an account balance of $50,000 from $546.92 to $596.92. For the $5.4 billion industry fund's default investment ...

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... in profit. Since its formation in May 2020, the division divested 10 business units. This year, it divested BT's personal and corporate superannuation funds and Advance Asset Management to Mercer Australia. Assets for "packaged funds" decreased by ...

RW Capital launches Pets Fund

CHLOE WALKER  |  FRIDAY, 3 NOV 2023
... the fund will pay out a dividend of 6% to 8% in its first year. RW Capital managing director Dan White, who has been a personal investor with Pet Resorts for close to 15 years, said he is excited to be partnering with an "experienced operator with a ...

NGS Super launches retirement savings strategy

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
... advice market. So, the government has committed to expanding the role that superannuation funds will play in providing personal financial advice." He added that going forward the industry will have a unique challenge because the accumulation phase was ...

Will HNW firms re-enter retail advice?

KARREN VERGARA  |  WEDNESDAY, 1 NOV 2023
Two major high-net-worth financial advice firms laud the Quality of Advice Review's promises of drastically reduced scrutiny and red tape but have stopped short of saying that they will re-enter the retail client space. JBWere Australia began exiting ...

Clime IM doubles down on strategy, taps into AI

ANDREW MCKEAN  |  MONDAY, 30 OCT 2023
Clime Investment Management is recalibrating to become a full-service private wealth business, anticipating a rise in advisory fee revenues as it contends with a decline in funds under management (FUM). Last week, the ASX-listed wealth company reported ...

Power50: Most influential advisers named

STAFF WRITER  |  MONDAY, 30 OCT 2023
... guide and educate those who have been priced out of traditional advice. But there's also plenty doing just that on a more personal level - selflessly giving their time to provide advice pro bono, supporting causes close to their hearts, and changing ...