Search Results | Showing 71 - 80 of 187 results for "Advice fees" |
| | ... Financial Planning reported $73 million of income - a whopping 43% drop year on year - driven by lower volumes of initial advice fees and the cessation of ongoing service fees in February 2019. As a result of lower performance fees and AUM, CFSGAM's ... |
| | | ... are currently charging a fee for service. ClearView estimates advisers charge $3450 per annum on average for ongoing advice fees. Upfront costs for a typical life insurance policy on the other hand, sit roughly between $1750 and $2875. Putting aside ... |
| | | ... members, is arguing that as financial advice moves closer to professionalising, it should be treated as such and upfront advice fees should receive tax-deductible status. At present, under the Income Tax Assessment Act 1997, fees for drawing up financial ... |
| | | ... manager fee rebates funds passed on to them in full. "Strategic Wealth has chosen to be solely remunerated through advice fees - we do not share in the MDA revenue. All up, we think, this is an outstanding offer for clients." Philo chief executive Brett ... |
| | | ... its first half result based on currently available information relating to the costs of remediating "certain ongoing advice fees" charged. The group said it would make a $510 million pre-tax provision based on a range of accounting assumptions in relation ... |
| | | ... ensuring the fee for no service debacle is not repeated. The regulators are taking a more stringent stance on financial advice fees charged without the provision of relevant services, pointing to the controversy exposed by the financial services Royal ... |
| | | ... average person and shut down hundreds of advice businesses. It wants financial advice, together with life insurance advice fees, to be tax deductible. Currently, investment advice fees are tax deductible against income-producing assets. This tax incentive ... |
| | | ... banking accounted for the remainder. Key in the bank's remediation provisions is increased customer refunds for ongoing advice fees charged by Westpac salaried financial planners. The bank increased its initial estimates of instances where records of ... |
| | | ... million per annum. The group confirmed it is on track to complete customer remediation programs in relation to ongoing advice fees charged by salaried advisers by Q4 2019. Remediation programs regarding authorised representatives are ongoing. Under the ... |
| | | ... 1.1% of the balance per annum (including GST) and payable monthly for up to two years. The fund will not pay ongoing advice fees for members with a balance of less than $50,000. Speaking to Financial Standard, Sunsuper head of advice and retirement Anne ... |
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