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Showing 1081 - 1090 of 10441 results for "advice"

Market pessimism over Insignia 'overblown'

ELIZA BAVIN  |  WEDNESDAY, 29 MAY 2024
... better features and lower fees is growing. Its platform market share looks to be steadying from consecutive declines. The advice business achieved EBITDA profitability in first half fiscal 2024 after five halves of losses," Ler said. "The odds of multiple ...

Clime to offload Madison Financial Group

JAMIE WILLIAMSON  |  MONDAY, 27 MAY 2024
... Once they transition, Infocus will be home to more than 210 advisers. Infocus will have some $16 billion in funds under advice and $210 million of in-force risk insurance premiums. "Infocus will be excellent custodians of the Madison business. It is ...

Insignia research, retirement income head to depart

JAMIE WILLIAMSON  |  FRIDAY, 24 MAY 2024
... spokesperson for Insignia Financial said: "As announced to the market last July, we have been making changes to our financial advice operating model." "Insignia Financial's head of research and retirement income role has been impacted as part of ...

Former licensee chief takes new role

JAMIE WILLIAMSON  |  FRIDAY, 24 MAY 2024
... executive of Millennium 3 for two years, and national manager for almost three. She has also previously served as head of advice business services at Colonial First State and led strategy for Commonwealth Financial Planning for two years. She also held ...

Platform reveals advice firms' top issues

KARREN VERGARA  |  FRIDAY, 24 MAY 2024
Practice management, advice technology, and superannuation are top of mind for financial advisers who want to improve their aptitude and knowledge, according to professional networking platform Ensombl. The analysis of adviser conversations stemming ...

Former Life Plan FP adviser cops ban

KARREN VERGARA  |  FRIDAY, 24 MAY 2024
... obligations under the Corporations Act as an adviser, according to an ASIC investigation. ASIC found he failed to provide advice that was appropriate to clients, did not prioritise the interest of clients above his own or that of his AFS Licensee. Nabi ...

TCorp reorganises investment team

JAMIE WILLIAMSON  |  THURSDAY, 23 MAY 2024
... his role expanded to head of treasury and exposure management. The fourth role to be created is that of head of client advice and portfolios, for which TCorp has already started recruiting. Alexis Cheang's role of head of investment stewardship remains ...

SMSFs' use of advisers plummets: Research

ANDREW MCKEAN  |  WEDNESDAY, 22 MAY 2024
... 160,000 in 2023 and 205,000 in 2019.This decline comes at a time when the number of SMSFs without advisers and with unmet advice needs is peaking. Only 25% of trustees without advisers are likely or very likely to seek financial advice in the future. ...

ASIC issues experienced pathway guidance

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2024
... standards. The new law passed last year states that an experienced provider is a person who was a relevant provider of personal advice for at least 10 years between 1 January 2007 to 31 December 2021, and had a clean disciplinary record as at 31 December ...

BitConnect promoter pleads guilty

KARREN VERGARA  |  MONDAY, 20 MAY 2024
... until the expiry of the lending period, ASIC's investigation found. On top of this, Bigatton provided financial product advice without holding an AFS Licence or authorisation to provide financial services about the Lending Platform and BCC. He will ...