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Search ResultsShowing 91 - 100 of 100+ results for "Financial Advice"
Marianne Perkovic to depart CBA
ALLY SELBY  |  TUESDAY, 23 JUN 2020
... clients, whose needs and demands focus predominantly on home buying and deposits, as well as investments and financial advice. The spokesperson confirmed that the private banking boss would be departing its ranks, but will continue to serve in the role ...
ASIC sues CBA, CFS over RC case
HARRISON WORLEY  |  TUESDAY, 23 JUN 2020
... be expected to influence the choice of financial product recommended by the bank to its retail clients, or the financial advice it provided them. The regulator is chasing civil penalties against the bank and CFSIL, with each contravention attracting ...
COVID-19 dampens retirement expectations: Study
ALLY SELBY  |  MONDAY, 22 JUN 2020
... intended, he argued. "COVID-19's impact has exposed shortcomings in retirement product design, access to financial advice and superannuation education," Rady argued. The survey found that almost 80% of retirees did not seek financial advice during ...
Financial services demands more mental health support
HARRISON WORLEY  |  WEDNESDAY, 17 JUN 2020
... the pandemic was impacting the sector's workers. In a separate piece, Financial Standard zeroed in on how the financial advice sector is helping advisers approach their mental health . SuperFriend chief executive Margo Lydon said the various challenges ...
Senator remains firm on FASEA extension
ELIZABETH MCARTHUR  |  MONDAY, 15 JUN 2020
... that the FASEA extensions hit a snag, is not backing down. The senator defended his amendment in an email to a financial advice association. "I added a schedule to the bill. Despite what some people who have contacted me have suggested, the amendment ...
FPA accuses ASIC of price gouging
ELIZA BAVIN  |  MONDAY, 15 JUN 2020
... support them or their clients during this difficult time." ASIC also announced that measures designed to make financial advice more accessible to Australians during the COVID-19 pandemic will be removed. ASIC has set an end date of October 15 for the ...
ASIC ends relief for advisers
ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
... appropriateness of the temporary relief measures as the impacts of COVID-19 on capital markets and the demand for financial advice continues to unfold. ASIC can end the relief even earlier than the October date, or choose to extend it. The regulator ...
FASEA extension hits snag
ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
... FASEA exam sittings extremely challenging." Senator Catryna Bilyk also slammed the government's handling of financial advice reforms, which she said has resulted in the FASEA extension being required. "The government has had plenty of time to get ...
VicSuper disputes fee hike claim
HARRISON WORLEY  |  WEDNESDAY, 10 JUN 2020
The $23 billion industry superannuation fund has responded to a claim its members will face increased financial advice fees upon its mega-fund merger with First State Super. Following reports in the Australian Financial Review that internal documents ...
ASIC mainly concerned with media releases: Lawyer
ELIZABETH MCARTHUR  |  TUESDAY, 9 JUN 2020
... came out of the Royal Commission worse for wear and he has observed the regulator "flexing their muscles" on the financial advice industry. "I've observed several instances of ASIC conducting its functions outside its powers, and/or without proper process," ...
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