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Showing 1061 - 1070 of 4658 results for "Financial Advisers"

FSC releases two new standards

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... took effect on 1 July 2021. The standard provides a template for product providers, superannuation funds and financial advisers when setting up ongoing or non-ongoing fee arrangements. Separately, the FSC unveiled Standard No. 27 Removal of Occupational ...

Adviser population drops below 19,000

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... Financial (473) round out the top three. Meanwhile, Synchron (404), Charter Financial Planning (382) and Consultum Financial Advisers (342), Interpac Financial Planning (295), Capstone Financial Planning (267), Lifespan Financial Planning (260) and Alliance ...

Government backflips on adviser education

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
Not long after Labor suggested it would not require older financial advisers to get degrees, the Liberal party has now backflipped on education standards to match Labor's policy. Minister for superannuation, financial services and the digital economy ...

Labor pledges calm in superannuation

KARREN VERGARA  |  WEDNESDAY, 15 DEC 2021
... only exists with advisers attached to retail funds. Hume agreed, saying: "Stephen and I are well aligned on financial advisers. This should be a very highly independent profession and it's taken a long time to bring them here. Let's not lose ...

ASIC bans two Sydney based advisers

CHLOE WALKER  |  WEDNESDAY, 15 DEC 2021
... firm of its AFS licence. The corporate regulator announced on Tuesday (December 14) it has banned Sydney-based financial advisers Gerald Cummings and Craig Allen for a period of five years, after the pair were found to have engaged in misleading or deceptive ...

Wealthy overlook digital experience

KARREN VERGARA  |  TUESDAY, 14 DEC 2021
... investments separately. The findings mirror similar results to last year's survey, which also showed that financial advisers used multiple systems and spreadsheets to provide total wealth reporting for clients. Advisers spend an additional two hours ...

ASIC takes 'ASX Wolf' to court

ELIZABETH MCARTHUR  |  TUESDAY, 14 DEC 2021
... recommendations or opinions on share purchases. "Financial advice must only be provided by qualified and licensed financial advisers or financial counsellors," ASIC said. "Consumers who receive unlicensed advice do not have the same protections afforded ...

Domestic bias swells for HNWIs

KARREN VERGARA  |  MONDAY, 13 DEC 2021
... equities, and residential property, but it is trending positively in correlation with further engagement with financial advisers," he said. Just over half of participants used the services of a financial adviser (57.2%). The proportion using a financial ...

AIOFP blasts 'elitist' young advisers

ELIZABETH MCARTHUR  |  MONDAY, 13 DEC 2021
The Association of Independently Owned Financial Professionals (AIOFP) has criticised 'elitist young financial advisers' for opposing Labor's suggestion older financial advisers shouldn't have to complete a university degree. Last week at the AIOFP's ...

More advisers fail FASEA exam

KARREN VERGARA  |  FRIDAY, 10 DEC 2021
Only half of the financial advisers who sat the November exam passed, making this the lowest pass rate on record. Fifty-two percent of the 2129 advisers who sat the Financial Adviser Standards and Ethics Authority exam were successful. The pass rate ...