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Showing 71 - 80 of 1246 results for %22Advice fees%22

QAR does not "trash" FoFA: Anderson

CASSANDRA BALDINI  |  TUESDAY, 7 MAR 2023
... is borne by the client. "And do they value what they get in FDSs? No, they don't, and they already get reporting on advice fees through regular product statements. This is a no brainer, and FDSs should go as a matter of priority," he said. Next, he highlighted ...

Vanguard to close UK financial advice arm

CASSANDRA BALDINI  |  FRIDAY, 3 MAR 2023
Vanguard's UK financial advice offering will close at the end of May, just two years since its launch. Vanguard Personal Financial Planning was established in 2021 as a low-cost, retirement saving advice solution. The service was bolted on to Vanguard's ...

Advice firm launches Sharia-compliant platform

CASSANDRA BALDINI  |  THURSDAY, 2 MAR 2023
... Australian Muslims whether they have small or large amounts to invest and who believe they do not require personal financial advice." He further highlighted that Islamic Australians have faced challenges in growing wealth for decades. "We know and understand ...

Bridges can meet advice affordability gap: Mota

KARREN VERGARA  |  FRIDAY, 24 FEB 2023
... overhaul, Insignia Financial chief executive Renato Mota is confident that one of its brands will be able to meet the growing advice affordability gap. Commenting on the recent performance of the advice business, Insignia chief executive Renato Mota ...

Advice group convicted of hawking

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2023
National Advice Solutions was convicted in a Queensland court for cold-calling consumers and trying to convince them to switch their super fund, copping a $70,000 fine. National Advice Solutions' AFSL was cancelled in December and its two responsible ...

Financial Circle director convicted, fined

CHLOE WALKER  |  TUESDAY, 21 FEB 2023
... followed the firm being found to be only offering personal loans to consumers who agreed to also receive and act on financial advice provided by the same company. Typically the advice including changing superannuation fund, advice for which Financial ...

BlackRock cuts fees on iShares ETFs

CHLOE WALKER  |  MONDAY, 20 FEB 2023
... a 30 year-plus history in the Australian market and during that time has developed a diversified business with partner advice and institutional firms," he said. "To be able to deliver a meaningful fee reduction, particularly in a time of heightened inflation ...

AMP profits, declares first dividend since 2019

JAMIE WILLIAMSON  |  THURSDAY, 16 FEB 2023
... management business saw its assets drop from $142.3 billion to $124.2 billion, impacted by investment markets but also due to advice and superannuation net cash outflows of $5.3 billion, including $2 billion in pension payments. The division, which comprises ...

Super, advice class actions dampen CBA results

KARREN VERGARA  |  WEDNESDAY, 15 FEB 2023
... CFSIL's contraventions as trustee and as such profited from them. The bank is also busy fighting class actions for its former advice businesses. One class action alleges Count Financial (which is now owned by CountPlus) and its authorised representatives ...

ASIC permanently bans former advisers

CHLOE WALKER  |  TUESDAY, 14 FEB 2023
... to the consumers. Following his convictions, ASIC pursued banning orders to remove Goel permanently from the financial advice and credit industries. Goel has the right to appeal to the Administrative Appeals Tribunal for a review of ASIC's decision. ...