Added on: Tuesday, June 9th, 2009 14:20 pm
Keywords: Adviser remuneration, Celsius Research, Fees, FPA, Investment Trends, Managed funds, Platform, RaboPlus
Let’s be honest, nobody really likes to pay fees.
They are considered a dirty four letter word and it doesn’t matter how much they are, what they are paid for or who they are being paid to, very few of us actually feel comfortable paying fees, or believe that the fees we pay actually represent fair value. … more
Added on: Friday, May 22nd, 2009 14:38 pm
Keywords: Fee for service, Financial Advice, Financial Planner Remuneration, FPA
Looking for investment advice but don’t want to pay for it?
The Financial Planning Association (FPA) today announced that they will provide investors with free financial advice online for the period of 1 month. … more
Added on: Tuesday, May 5th, 2009 15:24 pm
Keywords: ASIC, Bernie Ripoll, Fee for service, Fees, FPA, Institute of Actuaries of Australia, Investor daily, Jo-Anne Bloch, Parliamentary Joint Committee on Corporations and Finan, Storm Financial
According to a recent Investor Daily news item, Bernie Ripoll, the chair of the Parliamentary Joint Committee on Corporations and Financial Services, stated that ASIC is currently incapable of preventing the failure of organisations like Storm Financial.
At the recent Institute of Actuaries of Australia 2009 Biennial Conference, Ripoll stated that whilst Storm was audited and compliance checked by ASIC, that it had passed with flying colours. … more
Added on: Friday, April 24th, 2009 15:01 pm
Keywords: GDP, Glenn Stevens, Global Financial Crisis, IMF, inflation, RBA Governor, Recession, Treasurer Wayne Swan, Unemployment, World Economic Forum
Whilst Treasurer Wayne Swan and the RBA Governor Glenn Stevens continue to publicly squabble over the definition of a recession, recent forecasts from the IMF’s World Economic Outlook for April has likely been the catalyst which prompted them both to admit that Australia is already in recession no matter how you define it.
You only need to take a quick look at the IMF’s numbers to see that they will certainly add fuel to the fire as to how best lift Australia out of the recession in the coming months. … more
Added on: Tuesday, April 21st, 2009 9:54 am
Keywords: Global Financial Crisis, IMF, K.Rudd, Recession
Prime Minister K.Rudd has finally conceded that Australia is likely to fall into recession.
There’s nothing quite like the benefit of hindsight to predict what he obviously believes to be the future of the Australian economy. Unfortunately, he’s too late. … more