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Showing 91 - 100 of 248 results for "Statement of Advice"

Former adviser charged over super theft

JAMIE WILLIAMSON  |  WEDNESDAY, 19 DEC 2018
... It is also alleged that between 21 and 29 May 2012, McSweeny directed an employee to construct a back-dated Statement of Advice which was presented to his licensee, the now-defunct AFS Group, in defence of a client complaint that was being investigated. ...

New tech for the new advice world

JAMIE WILLIAMSON  |  TUESDAY, 4 SEP 2018
... personal financial plan. Tracking goals, cashflow and insurance to provide the client with an instant, digital Statement of Advice, paraplanning is removed from the process. The software delivers efficiency and compliance benefits for advisers as they ...

Royal Commission challenges super regulators

KARREN VERGARA  |  TUESDAY, 28 AUG 2018
... advisers moving clients to a choice product and out of a MySuper product. The advisers failed to provide a Statement of Advice and Financial Services Guide, and obtain clients' informed consent to move their funds. Aon Hewitt has 185 advisers, and ...

Advisers demand self-licensing regime: Poll

KARREN VERGARA  |  MONDAY, 16 JUL 2018
... helping them to trade-off between different goals and keeping them accountable for them. It's not the Statement of Advice or the products; it's the mentoring and the relationship. That's what I think is missing from a lot of advice," he said. ...

AstuteWheel speeds up risk advice timeframe

KARREN VERGARA  |  FRIDAY, 29 JUN 2018
... potential insurance policies out of a database of 300 options that match the client's needs; a 12-page Statement of Advice (SoA) is then produced. "The integrated OmniLife risk research and quoting tool app shows side-by-side comparisons for new ...

Former NAB, AMP adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 28 JUN 2018
... afford them. He also recommended clients switch superannuation funds without providing sufficient detail in the Statement of Advice (SoA) for the clients to make informed decisions. Finally, Cowper was found to have recommended clients switch their superannuation ...

FPA predicts self-licensing tsunami

JAMIE WILLIAMSON  |  MONDAY, 25 JUN 2018
... helping them to trade-off between different goals and keeping them accountable for them. It's not the Statement of Advice or the products; it's the mentoring and the relationship. That's what I think is missing from a lot of advice," he said. ...

Dover exit renews self-licensing calls

ALEX BURKE  |  MONDAY, 25 JUN 2018
... he said. "But technology platforms can help with efficiency, such as with managed portfolios to lessen the statement of advice burden, automatic record of advice generation, direct integration with XPLAN and others - it becomes much easier to manage ...

Multi-disciplinary industry trend continues: CBA

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUN 2018
... the new regime found many were uncertain of their new obligations, particularly the requirement to provide a Statement of Advice to SMSF clients. Research released by BT Financial Group around the same time showed 71% of accountants didn't view securing ...

ASIC bans former AMP adviser

HARRISON WORLEY  |  MONDAY, 4 JUN 2018
... from the regulator, with a former Suncorp adviser banned for four years in April for failing to provide a statement of advice to clients prior to recommending they establish an SMSF.