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Showing 1011 - 1020 of 3999 results for "Personal"

Commonwealth FP under review, partially offloaded

ANNABELLE DICKSON  |  WEDNESDAY, 28 JUL 2021
... arrangement for life insurance to AIA. AIA's new advice business will be called AIA Financial Wellbeing and offer personal advice to customers of the bank with life insurance and simple advice needs, the insurer said. The advice will be provided ...

Vale Murray Wyatt

JAMIE WILLIAMSON  |  TUESDAY, 27 JUL 2021
The long serving chair of wealth management firm Morrows is being remembered for his larger-than-life personality and generous spirit following his sudden passing last week. Tributes are flowing for Morrows chair and director Murray Wyatt, who passed ...

ASIC industry levy to increase

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
... 27% more than the prior corresponding figure of $56.189 million. The new costs are applicable to licensees that provide personal advice to retail clients on relevant financial products. ASIC calculates a different levy for advisers who provide retail ...

ASIC prepares licensees for reference checks

KARREN VERGARA  |  WEDNESDAY, 21 JUL 2021
... unresolved inquiries or investigations a candidate is involved in, and the results of compliance audits that relates to personal advice provided by the candidate. Commissioner Kenneth Hayne found that AFLSs did not do enough to communicate among themselves ...

BlackRock hits US$9.5tn milestone

KARREN VERGARA  |  FRIDAY, 16 JUL 2021
BlackRock's assets under management reached a record US$9.5 trillion ($12.8tn), cementing it further as the world's largest fund manager. The June quarterly update showed exchange-traded funds continue to be a driving force for the fund manager ...

ROA relief guidance released

KARREN VERGARA  |  FRIDAY, 16 JUL 2021
... COVID-19, in place of the Statement of Advice. The ROA must have a brief explanation of changes in the client's relevant personal circumstances as a result of the pandemic. It must also have a brief recommendation and the reasons for such recommendations. ...

Vanguard lowers platform fees

ANNABELLE DICKSON  |  MONDAY, 12 JUL 2021
Vanguard has made changes to the fees on its Personal Investor platform and introduced a brokerage fee for all listed investments. From August 18 the investment manager will remove the account fee for Vanguard ETFs, managed funds as well as the cash ...

Dixon Advisory to pay $8.2m to settle ASIC action

KANIKA SOOD  |  FRIDAY, 9 JUL 2021
... declarations that DASS contravened 961K(2) of the Corp orations Ac t on 53 occasions between 6 October 2015 and 31 May 2019 in personal advice provided by DAA representatives. EP1 will submit to improving its processes and filing with ASIC an independent ...

AFA slams new SOA measures

KARREN VERGARA  |  WEDNESDAY, 7 JUL 2021
... acting chief executive Phil Anderson argued that SOAs are an agreement between a client and their adviser and contains personal information that should not be shared with trustees. He fears the review may breach the Privacy Act and adds another layer ...

New chair for AIA Australia

ELIZABETH MCARTHUR  |  WEDNESDAY, 7 JUL 2021
AIA Australia has a new chair, separating its board from the board of AIA New Zealand. Theresa Gattung had been chair for 12 years, now she will serve as chair of the AIA New Zealand board only. Peter Yates, previous chair of CommInsure which AIA acquired ...