Australian firm eyes blockchain for fee consent
Driven by consultation paper from regulator on greater disclosure
Driven by consultation paper from regulator on greater disclosure
To implement recommendations of Royal Commission and enhance transparency
Despite only 9% having cut their own costs in recent years
As it updates its pricing model to ‘save money across generations’
Momentum boss flags ‘staggering’ adviser fragmentation but says fees could rebound in 2020
To provide ‘highly competitive wealth solution to help with retirement’
Technology can help alert advisers when their clients really need them
Financial advisers angry about paying thousands more with just 30 days’ notice
And ‘off to the naughty step’ for those not complying with Prod
‘I have not met anybody yet who can completely clearly articulate how it works in a sentence’
As long as clients stick with automatic investing and don’t trade
Bank has set aside more than A$2bn for customer-related compensation