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Showing 1061 - 1070 of 4380 results for "Financial advice"

CFS targets adviser market

KARREN VERGARA  |  THURSDAY, 2 DEC 2021
... awareness, and support those who have decided to ditch advice. "We want to try and help reconnect them into the financial advice community," he said. The funding boost will also be invested in other back-office processes such as HR and finance systems. ...

Backlash after 'unprecedented' ASIC action against Westpac

ELIZABETH MCARTHUR  |  THURSDAY, 2 DEC 2021
... such misconduct in financial services will not change unless ASIC regulates banking in a similar fashion to the financial advice sector and implements bans for individuals. "This charade will not be eliminated until ASIC actually charges a bank person ...

ClearView recruits chief claims officer

KARREN VERGARA  |  WEDNESDAY, 1 DEC 2021
... created off the back of ClearView's multi-year transformation program. Part of this includes divesting its financial advice business for $15.2 million to Centrepoint Alliance. Faglioni will be responsible for developing the customer claims journey ...

Lonsec bolsters sales team

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 DEC 2021
... development manager with MLC. Lonsec has also added two transition consultants. These are newly created roles to assist financial advice practices. Brendan Tully and Sean Newman have each been appointed as transition consultants. Tully was most recently ...

AMP advances demerger

KARREN VERGARA  |  TUESDAY, 30 NOV 2021
... to FY24. She will reposition AMP's banking and wealth platforms and accelerate the transformation of the financial advice business. PrivateMarketsCo's simplification is on track to achieve a run-rate cost base of $300 million by FY23. It will ...

Count Financial adds advice firm

KARREN VERGARA  |  TUESDAY, 30 NOV 2021
A Victorian financial advice business is the latest to join Count Financial, making it the 23rd addition to the group this year. Financial Momentum will become part of Count Financial on December 1. The family business, with a team of four financial ...

ASIC files numerous cases against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 30 NOV 2021
... ASIC alleges BT Funds Management charged super members premiums that included commissions, despite the Future of Financial Advice reforms outlawing commissions. It is said BT Funds Management made representations that the insurance fees were deducted ...

AMP flags $325m performance hit

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... intangibles ($135m), onerous lease contracts ($110m), and other impairments that include adjustments from its financial advice assets ($80m), which total $425 million on a pre-tax basis and net to $325 million post-tax. About $220 million will slash ...

Morningstar appoints head of business development

CHLOE WALKER  |  THURSDAY, 25 NOV 2021
... to Chicago and will remain with Morningstar. Bryant has an extensive track record in leadership roles across financial advice and wealth management, and brings a deep knowledge of advice and the needs of advisers. Prior to this role, Bryant held executive ...

Plaintiff seeks to ring fence Dixon penalty

KARREN VERGARA  |  THURSDAY, 25 NOV 2021
... lawsuit against E&P Financial Group and its former chief executive Alan Dixon for allegedly providing conflicted financial advice and engaging in misleading and deceptive conduct. In response to the application, ASIC requested further time to consider ...