Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 91 - 100 of 183 results for "Statements of Advice"

PROFILE: NAB Financial Planning general manager Paul Fog

ALEX BURKE  |  MONDAY, 23 NOV 2015
... embarking on this journey, so it was an exciting and fun time to be doing it." "It was around that time that statements of advice were introduced, so the whole concept of broader financial planning was really emerging during that time. Prior to that ...

CBA publicly welcomes former staff bans

MARK SMITH  |  THURSDAY, 8 OCT 2015
... Kent was banned for eight years contravening financial services laws. Specifically she failed to produce statements of advice, submitted alteration requests containing false information, forged client signatures and charged excess fees. Jamieson was ...

ASIC bans ex-Genesys adviser

ALEX BURKE  |  THURSDAY, 1 OCT 2015
... relevant circumstances." He also provided advice without a reasonable basis and "relied excessively on template statements of advice containing prepopulated information, failing to tailor them to the client's specific circumstances which led to false ...

FEATURE: Managed accounts - more than meets the eye

ALEX BURKE  |  FRIDAY, 4 SEP 2015
... get the tax benefits of owning those stocks directly. But for the adviser business, you're still writing statements of advice when you want to change asset allocation because the discretionary component only relates to the Australian equity part of the ...

Adviser linked to Spring FG banned for document forgery

LAURA MILLAN  |  THURSDAY, 3 SEP 2015
... letters to MOGS to get his commissions. He also failed to give SMSF clients financial services guides and statements of advice and he was not licensed or authorised to provide advice to SMSF trustees.

SelectingSuper CompareOnline enhances research depth

STAFF WRITER  |  THURSDAY, 20 AUG 2015
... funds and their call centres and other stakeholders looking for easy access to product information to use in Statements of Advice and market comparisons. As use of SelectingSuper CompareOnline has increased, Rainmaker has intensified its research processes ...

Advisers to remain at centre of CBA: Narev

MARK SMITH  |  WEDNESDAY, 22 JUL 2015
... cases but stressed it was important to get the decisions right and that it would take time to draw up new statements of advice. "We've got to accept that in the short-term we'll wear some criticism for appearing slow but in the long-term we're making ...

ASIC bans former risk adviser

ALEX BURKE  |  THURSDAY, 9 JUL 2015
... including failing to act in clients' best interests, engaging in misleading or deceptive conduct with regards to Statements of Advice and relying on "template SOAs containing prepopulated information". "Consumers should be confident that their financial ...

Industry moves away from upfront commissions

LAURA MILLAN  |  THURSDAY, 25 JUN 2015
... Investments Commission (ASIC) on policy replacement data, starting 1 January 2016. The regulator will also review statements of advice (SoA) with a view to making disclosure simpler and more effective. The debate over insurance advice remuneration models ...

SMA usage climbs

ALEX BURKE  |  THURSDAY, 30 APR 2015
... investing directly in shares, so for advisers this means monitoring individual stock activity and issuing statements of advice for multiple clients on a daily basis, all of which is not scalable as the business grows," said JBWere executive director ...