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|Search Results||Showing 1 - 10 of 100+ results for "Advice fees"|
|The $23 billion industry superannuation fund has responded to a claim its members will face increased financial advice fees upon its mega-fund merger with First State Super. Following reports in the Australian Financial Review that internal documents ...|
|... schemes are far from free," she said. "They typically erode a member's superannuation balance by $500 to $1000 in advice fees that are deducted directly from their account. We have also seen advisers charge a 4% fee based on the consolidation amount." ...|
|... superannuation trustees to be satisfied that consent for ongoing service has been given to the adviser before deducting advice fees via a platform. There have been concerns in the financial advice industry that the legislation will create much more administrative ...|
|... relief will allow advisers to give clients guidance on early release of super without doing a statement of advice but advice fees on the stimulus measures will be capped at $300. The early release of super for those who are suffering financially as a ...|
|... Stevens said. During the Royal Commission, it was revealed that MLC's Master had charged $67 million in general advice fees to MLC's MasterKey Personal Super products, despite the fact not all members were told clearly they could opt out of the ...|
|... "simply and concisely" why they are not independent, impartial and unbiased; if ASIC's draft recommendations for advice fees are adopted. The purpose, ASIC said, is to ensure financial advisers' lack of independence is brought to the clients attention ...|
|... The AFA released its submissions to Treasury on ongoing fee arrangements and disclosure of lack of independence, advice fees in super and strengthening breach reporting. "The AFA is concerned that what has been proposed with annual renewal will significantly ...|
|... discounted fee structures," CFS said in a statement. FirstWrap, FirstWrap Plus and Beacon will drop transaction fees and advice fees on listed security trades, alongside conflicted remuneration and insurance commissions. This will benefit about 1100 ...|
|... Financial advice industry groups are being joined by superannuation funds in a fight to retain the ability to charge advice fees to MySuper members as the government implements recommendations from the Royal Commission. Draft legislation currently open ...|
|... advisers with a "fully integrated" product from trade to settlement, with a linked cash account for dividends and advice fees. Xplore has also teased three new offers for the calendar year, including international trading (MDA International), foreign ...|
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The Queensland-headquartered asset manager has appointed a general manager for capital solutions, and an investment director in its state investments team.
New York based ARP Investments has entered the Australian market through a partnership with Axius Partners.
A fourth person has been sentenced to four years imprisonment for their role in a syndicate that allegedly defrauded the Commonwealth of over $105 million.
The International Monetary Fund has predicted global public debt will rise to its highest levels in history as a result of the economic fallout from the COVID-19 pandemic.
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