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Showing 121 - 129 of 129 results for "scaled advice"

ANZ fears regulation could hamper scaled advice

MATT WOODINGTON  |  FRIDAY, 5 AUG 2011
... believes that the current definitions of 'best interest' advice could halt the industry's migration into the world of scaled advice. Speaking at the Financial Services Council (FSC) conference, Barrett spoke of the need for dealership groups to embrace ...

Intrafund advice a sticking point for Stronger Super group

ALISON BEVEGE  |  TUESDAY, 2 AUG 2011
... which represents the retail fund sector, could not comment on the issue but has publicly been a strong supporter of scaled advice. Pauline Vamos, chief executive of Association of Superannuation Funds of Australia, also could not comment on the specifics ...

ASIC looks to reshape retail advice

ELISE BURGESS  |  FRIDAY, 29 JUL 2011
... Financial Planning Association (FPA) has supported the move and said it is pleased with the range of topics on offer for scaled advice, but raised concerns on how Best Interest' duty will be incorporated. "In releasing this consultation paper without ...

Industry funds primed for more planning deals

MATT WOODINGTON  |  THURSDAY, 12 MAY 2011
... service has been greeted with fierce debate in the industry, but other funds may be plotting similar moves towards a scaled advice model. "I think that post reform more industry funds will go down this route," said David Whiteley, chief executive officer ...

AustralianSuper new player in advice industry

ELISE BURGESS  |  FRIDAY, 29 APR 2011
... however, the concern is that in light of the FOFA reforms (in particular removing commissions and lower fees for scaled advice) it will ultimately cost advisers an additional $50,000 per annum to run a planning business, which will be passed on to clients. ...

Super funds praise reforms

ALISON BEVEGE  |  THURSDAY, 28 APR 2011
... superannuation funds industry responded to the Government's financial reforms today with praise for the expansion of scaled advice. The Future of Financial Advice reforms have expanded the limited form of financial advice to a range of providers including ...

New super products and mergers may result - insurers

ELISE BURGESS  |  THURSDAY, 28 APR 2011
... become manufacturers rather then independent firms." The silver lining for advisers was the government inclusion of scaled advice which essentially levelled the field between advisers and intrafund advice. This has opened new growth opportunities for ...

SPAA positive but fears bad practice post FOFA

ELISE BURGESS  |  THURSDAY, 28 APR 2011
... chief executive of SPAA. That aside, SPAA generally welcomed the reforms with positive comments about the restricted scaled advice licence for accountants who advise self managed super fund investors and the new state of intrafund advice. Slattery said ...

Life insurance consuming dormant super fund balances

ALISON BEVEGE  |  WEDNESDAY, 13 APR 2011
... million per year. Vamos also said financial planners had an important role to play in sorting out the issue, through scaled advice. "Planners - whether they are independent or attached to funds - are able to provide advice on a limited subject," she ...