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Showing 61 - 70 of 248 results for "Statement of Advice"

Seek financial advice: Hume

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 APR 2020
... advisers. The 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 ...

AIOFP launches fresh campaign, criticises FPA

ELIZABETH MCARTHUR  |  TUESDAY, 21 APR 2020
... ASIC, they have only temporally stopped their grandfathered revenue cessation pressure on manufacturers and statement of advice related concessions due to the COVID-19 crises for politically compassionate purposes," he said. "They have clearly stated ...

BAS agents to give financial advice

ELIZABETH MCARTHUR  |  FRIDAY, 17 APR 2020
... assist the provision of advice around early access to super, ASIC has allowed advice providers to not give a Statement of Advice when doing so; permitted registered tax agents to give advice to existing clients about the scheme without an AFSL; and issued ...

ASIC provides relief around early super access advice

JAMIE WILLIAMSON  |  TUESDAY, 14 APR 2020
... around the government's early access to super scheme, ASIC has allowed advice providers to not give a Statement of Advice (SOA) when doing so; permitted registered tax agents to give advice to existing clients about the scheme without an AFSL; and ...

Isolated advisers enter the digital age

ALLY SELBY  |  THURSDAY, 9 APR 2020
... itself creates efficiencies because clients don't call back and go, 'oh, what did you say in that Statement of Advice presentation meeting?' They actually naturally go back to the video recorded during the meeting and check themselves." Interestingly ...

Morningstar releases time saving tool amid crisis

ALLY SELBY  |  THURSDAY, 9 APR 2020
... and growing revenue. Morningstar's financial planning software AdviserLogic will now feature a digital Statement of Advice (SoA) module, which will help streamline strategy selection, product comparison and document editing to make processes faster ...

Industry bodies work to ease regulatory burdens

ELIZABETH MCARTHUR  |  FRIDAY, 3 APR 2020
... superannuation." Marshan sees shorter, more targeted fact finding processes and regulatory relief around the Statement of Advice as moves that could allow for unadvised people to access professional advice on the very serious issue of whether it is right ...

Count Financial adds tech integrations

ALLY SELBY  |  THURSDAY, 2 APR 2020
... a very manual process, which had the potential for errors and it was taking between one to three hours per statement of advice just to do that part of the process. "These changes have saved somewhere between 12,000-15,000 hours a year alone, just on ...

Early access to super scheme results in permanent ban

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 MAR 2020
... failed to declare a conflict of interest. Goldenberg recommended the client invest in Mortimer Close in a statement of advice without disclosing that he was the company's sole director. He also failed to disclose that the investment was high risk. Liquidators ...

ASIC bans former Godfrey Pembroke adviser

HARRISON WORLEY  |  THURSDAY, 30 JAN 2020
... the best interests of his clients. ASIC also found Cassidy failed his requirement to provide clients with a statement of advice regarding his Bux recommendations. "ASIC found Mr Cassidy's conduct had significant consequences for his clients and his licensee ...