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Showing 781 - 790 of 4939 results for "fees"

Advice firm launches Sharia-compliant platform

CASSANDRA BALDINI  |  THURSDAY, 2 MAR 2023
... explained, Islamic investors have had to invest a minimum of $50,000 to access an Islamically compliant investment portfolio. Fees charged alongside could be as much as 2.5% per annum and long waiting periods could be expected for redemptions. Meezan's ...

Bridges can meet advice affordability gap: Mota

KARREN VERGARA  |  FRIDAY, 24 FEB 2023
... reductions across the industry," the directors' report show. Mota attributed the reduction in revenue to some clients paying fees that were below the minimum fee level and were subsequently turned off, as well as adviser turnover. "We've seen ...

Advice group convicted of hawking

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2023
... found to have provided defective Statements of Advice to clients that, among other things, didn't accurately disclose fees incurred. Following on from that, on Monday the Southport Magistrates Court convicted the firm after it pleaded guilty to one ...

Betashares A200 fees drop

CHLOE WALKER  |  WEDNESDAY, 22 FEB 2023
... for investors when it was launched in 2018. As a result of the firm's growing scale, Vynokur added, Betashares can reduce fees for investors seeking exposure to Australian shares even further. "A200's fee reduction will make a meaningful difference to ...

Financial Circle director convicted, fined

CHLOE WALKER  |  TUESDAY, 21 FEB 2023
... company. Typically the advice including changing superannuation fund, advice for which Financial Circle received significant fees paid out of client super accounts. Fuoco's involvement included making key decisions on consumer loan arrangements on ...

abrdn terminates funds amid transition

JAMIE WILLIAMSON  |  MONDAY, 20 FEB 2023
... high costs and inefficiencies associated with the ongoing management of a small fund (which could lead to higher management fees for investors)." Its comments on the Select Sustainable International Equities Fund were broadly similar, saying it doesn't ...

BlackRock cuts fees on iShares ETFs

CHLOE WALKER  |  MONDAY, 20 FEB 2023
BlackRock Australia is reducing fees on two of its iShares ETFs, the iShares Core S&P / ASX200 ETF (IOZ) to 0.05% or five basis points (bps) and iShares Core Composite Bond ETF (IAF) to 0.10% or 10bps. This is a reduction of 44% and 33%, respectively. ...

AMP profits, declares first dividend since 2019

JAMIE WILLIAMSON  |  THURSDAY, 16 FEB 2023
... million, driven by impairments to the carrying value of practice investments in FY21 not being repeated ($18m), higher licensee fees ($15m), and growth in its equity investment portfolio ($4m). However, it was offset by the sale of the employed advice ...

Australian Retirement Trust, AvSuper sign merger MoU

JAMIE WILLIAMSON  |  WEDNESDAY, 15 FEB 2023
... we believe a merger is in our members' best interests. Partnering with ART will deliver added value, in terms of low fees, greater product choice and strong returns for our members," AvSuper chief executive Michael Sykes said today. AvSuper commenced ...

Netwealth reports significant growth

ANDREW MCKEAN  |  WEDNESDAY, 15 FEB 2023
... insurances and pensions day today management is significant. Further, clients are accepting instructions, such as changes in fees or annual fee consents, more and more via their client portal." The newly developed activities will support over 40 common ...