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Showing 91 - 100 of 273 results for "Statement of Advice"

Morningstar releases time saving tool amid crisis

ALLY SELBY  |  THURSDAY, 9 APR 2020
... and growing revenue. Morningstar's financial planning software AdviserLogic will now feature a digital Statement of Advice (SoA) module, which will help streamline strategy selection, product comparison and document editing to make processes faster ...

Industry bodies work to ease regulatory burdens

ELIZABETH MCARTHUR  |  FRIDAY, 3 APR 2020
... superannuation." Marshan sees shorter, more targeted fact finding processes and regulatory relief around the Statement of Advice as moves that could allow for unadvised people to access professional advice on the very serious issue of whether it is right ...

Count Financial adds tech integrations

ALLY SELBY  |  THURSDAY, 2 APR 2020
... a very manual process, which had the potential for errors and it was taking between one to three hours per statement of advice just to do that part of the process. "These changes have saved somewhere between 12,000-15,000 hours a year alone, just on ...

Early access to super scheme results in permanent ban

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 MAR 2020
... failed to declare a conflict of interest. Goldenberg recommended the client invest in Mortimer Close in a statement of advice without disclosing that he was the company's sole director. He also failed to disclose that the investment was high risk. Liquidators ...

ASIC bans former Godfrey Pembroke adviser

HARRISON WORLEY  |  THURSDAY, 30 JAN 2020
... the best interests of his clients. ASIC also found Cassidy failed his requirement to provide clients with a statement of advice regarding his Bux recommendations. "ASIC found Mr Cassidy's conduct had significant consequences for his clients and his licensee ...

Sophistication: More than money

ELIZABETH MCARTHUR  |  TUESDAY, 7 JAN 2020
... recommendation. The stock the adviser recommends crashes by 25% and, as the client is a wholesale investor, there is no Statement of Advice. "The code, which governs ethical behaviour and values, would suggest that ethically you should treat this person ...

Above and beyond: Planner excellence recognised

JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2019
... that went to Tupicoffs, with the FPA Paraplanner of the Year Award presented to Lachlan Haigh. "Lachlan's Statement of Advice (SOA) submission clearly shows excellence in paraplanning, including demonstration of how his work and research made significant ...

Tech-powered is empowered: SOAs

JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2019
... future of your practice is paper-free and prosperous. Earlier this year, the FPA established The Future of the Statement of Advice Working Group which has now determined video, audio, imagery, infographics, graphs and even quizzes are the way forward. ...

Dover, McMaster found guilty

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2019
... client, Dover contravened the law. Some 19,402 clients received the policy in total, provided as a link within a Statement of Advice. During the course of the case, Dover and McMaster contended there was no proof any clients had been misled as there ...

Trustee firm, super fund in hot water

JAMIE WILLIAMSON  |  WEDNESDAY, 6 NOV 2019
... According to documents filed with the court, the advice provided was personal in nature and provided without a Statement of Advice. False and misleading statements about superannuation, insurance products and services were also made in the promotion ...