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Showing 881 - 890 of 4942 results for "Fees"

Focus on providing 'good advice': QAR draft proposals

JAMIE WILLIAMSON, CASSANDRA BALDINI  |  MONDAY, 29 AUG 2022
... should also have discretion to decide how to charge members for that advice and the restrictions on collective charging of fees should be removed, Levy writes. They should also be able to pay a fee from a member's account to an adviser for personal ...

MobiSuper, licensee to pay $250k penalty

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
... took place in October and November 2017. The Court also found that MobiSuper made misleading claims about being able to save fees by opening a MobiSuper account and having other existing super accounts rolled into it, and also failed to provide any Statements ...

AustralianSuper increases investment fees

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
AustralianSuper has raised the fees of most investment options on account of its recent investments in several large infrastructure and property assets. The fund's balanced option, in which more than 90% of its members are invested, saw its fees ...

Remediation bills revealed amid call for levy freeze extension

JAMIE WILLIAMSON  |  WEDNESDAY, 24 AUG 2022
... Six of the largest financial institutions have paid or offered a total of $3.6 billion in compensation to consumers over fees for no service and non-compliant advice. The new stats come as the Financial Planning Association of Australia calls for an ...

Aware Super overhauls fee structure

CASSANDRA BALDINI  |  FRIDAY, 19 AUG 2022
Aware Super is removing trustee charges and management fees from its products, which will simplify the structure for more than 1.1 million members. The changes will reduce fixed fees for nearly 98% of its membership who are in pension mode, transitioning ...

Lutheran Super merger imminent

JAMIE WILLIAMSON  |  TUESDAY, 16 AUG 2022
... the release of its second annual member outcomes assessment. In that assessment, the trustee acknowledged that its total fees were slightly higher than some competitors and that it's below the median in terms of size and number of members but said ...

Competition for adviser relationships fierce: Report

ANDREW MCKEAN  |  MONDAY, 15 AUG 2022
... is becoming more important. In choosing a platform, advisers responded that they continue to prioritise providers based on fees and charges and increasingly those who can support their need for efficiency (45%, up from 34% in 2021) and provide reliable ...

WA financial services director banned for six years

CHLOE WALKER  |  MONDAY, 15 AUG 2022
... comparisons of the investments. ASIC said Hutchinson made representations about the need to act quickly and offered to waive her fees if the investors rolled over their investments - this, despite her not being entitled to charge fees or ever charging ...

A solution to active fund underperformance

ANDREW MCKEAN  |  FRIDAY, 12 AUG 2022
... because of funds' grandiose promises of outperformance. These promises are made despite some of these funds having excessive fees, he added. Offering an alternative solution, Neiron said there are 'smarter' options, that target similar outcomes but with ...

GQG Partners net revenue jumps 21.3%

CASSANDRA BALDINI  |  THURSDAY, 11 AUG 2022
... of portfolio manager alongside Jain. An issued statement said: "We continue to offer what we believe are very attractive fees relative to our competition. Our weighted average management fee for the six months ended June 30 was 47.6bps, lower than 49.6bps ...