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Showing 851 - 860 of 4940 results for "Fees"

CommSec, AUSIEX to pay $27m penalty

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
... Rules in a variety of ways and on multiple occasions. The breaches include CommSec customers being overcharged brokerage fees on close to 121,000 occasions and to the tune of more than $4.3 million; failure by both companies to comply with client money ...

Quantifying the value of a financial adviser

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
... investment decisions but having a financial adviser could add more than 4% to total portfolio value. So, even though advice fees have jumped 16% in FY22, from $3656 to $4685, Russell Investments' analysis argues that the total value of the services ...

Members stick with dud super funds

ANDREW MCKEAN  |  FRIDAY, 21 OCT 2022
... he wasn't going to be reopening the stapling issue because for too long there had been multiple accounts eroding members' fees. Meanwhile, new research from Super Consumers Australia (SCA) has found that products which failed the annual super performance ...

Advice fees jump 16% in FY22

CASSANDRA BALDINI  |  FRIDAY, 21 OCT 2022
Initial advice fees charged by financial advisers on a per advice document basis increased 16% in FY22 to $3315 from $2859 the previous year. According to the Padua Advice Fee Data Report, FY 2022 ongoing advice fees charged by advisers on a per advice ...

Australian Ethical FUM dips ahead of merger

JAMIE WILLIAMSON  |  WEDNESDAY, 19 OCT 2022
... the revenue margin across all products is expected to be 1.01%, down from 1.05% at June end. This includes changes made to fees last month. Effective September 1, Australian Ethical reduced the dollar-based administration fee across all its products ...

HESTA changes administration fees

JAMIE WILLIAMSON  |  TUESDAY, 18 OCT 2022
Administration fees will change for both super and pension members next year, with the fund saying its operational costs have increased. From February 2023, HESTA is reducing the dollar-based component of the administration fees paid by accumulation ...

Draft SMSF auditor registration regulations to update fees, language

ANDREW MCKEAN  |  MONDAY, 17 OCT 2022
... Auditor Registration Imposition Regulations 2022, aiming to remake and improve the 2012 Regulations by changing the amounts of fees payable to ASIC, and language about indexation methods. The 2012 Regulations are made pursuant to the Superannuation Auditor ...

Choice performance test pause in members' best interests: Chant West

CASSANDRA BALDINI  |  FRIDAY, 14 OCT 2022
... more information on performance over various periods, risk-adjusted returns over different timeframes and an administration fees metric. This would provide a much fuller picture of overall performance," he said. Separately, commenting on the Quality ...

Worst performing super funds named

CASSANDRA BALDINI  |  WEDNESDAY, 12 OCT 2022
... investment options offered by Australia's largest 90 super funds. The funds were assessed on how they performed after fees and compared to other super investment options of similar risk over five years. The data further analysed the success of funds ...

Super fund satisfaction takes hit

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
... interactions. "Acknowledging members' specific concerns in the current climate; transparent communication around investments and fees; and age-appropriate communication using their channels of choice, are key to building trust and loyalty," she said. ...