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

Search Results

Showing 1141 - 1150 of 4744 results for "Financial advisers"

AFA chief steps down after six months

ELIZABETH MCARTHUR  |  WEDNESDAY, 5 JAN 2022
After six months in the top job, Helen Morgan-Banda has departed the Association of Financial Advisers (AFA). Morgan-Banda plans to return to her home country of New Zealand, explaining that she wishes to be closer to family amid ongoing uncertainty ...

Demand for retiree client book increases

KARREN VERGARA  |  SATURDAY, 1 JAN 2022
... advice practice. The December Radar Results reveal that near-retirees or retirees are highly sought after by financial advisers. Valuations for investment and superannuation clients aged 65-79 years old have increased to 1.7x to 2.3x (previously 1.7x ...

ASIC unveils details of FSCP operations

CHLOE WALKER  |  THURSDAY, 23 DEC 2021
... released further information about the operations of the Financial Services and Credit Panel (FSCP) and what financial advisers can expect next year. Set to commence on 1 January 2022, the FSCP under the Better Advice Bill will have the power to direct ...

Morningstar to buy Praemium for $65m

CHLOE WALKER  |  WEDNESDAY, 22 DEC 2021
... fee-based advisers to outsource key elements of the advice workflow. Its platform is used by nearly 500 independent financial advisers and provides access to investment line-ups to serve end clients. Praemium's UK and international managing director ...

Shoddy exam feedback fuels adviser stress

KARREN VERGARA  |  WEDNESDAY, 22 DEC 2021
Financial advisers who failed the mandatory examination multiple times are slamming FASEA's feedback process, claiming it is inconsistent and fails to help them stay in the industry. As the failure rate continues to balloon, advisers making genuine ...

February 2022 adviser exam dates released

KARREN VERGARA  |  MONDAY, 20 DEC 2021
As part of its new remit, ASIC has released the first round of examination dates for financial advisers in 2022. The first exam sittings of 2022 will be held on February 17, 18, 19 and 21. Enrolments for this sitting will be open from 10 January 2022 ...

FSC releases two new standards

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... took effect on 1 July 2021. The standard provides a template for product providers, superannuation funds and financial advisers when setting up ongoing or non-ongoing fee arrangements. Separately, the FSC unveiled Standard No. 27 Removal of Occupational ...

Adviser population drops below 19,000

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... Financial (473) round out the top three. Meanwhile, Synchron (404), Charter Financial Planning (382) and Consultum Financial Advisers (342), Interprac Financial Planning (295), Capstone Financial Planning (267), Lifespan Financial Planning (260) and ...

Government backflips on adviser education

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
Not long after Labor suggested it would not require older financial advisers to get degrees, the Liberal party has now backflipped on education standards to match Labor's policy. Minister for superannuation, financial services and the digital economy ...

Labor pledges calm in superannuation

KARREN VERGARA  |  WEDNESDAY, 15 DEC 2021
... only exists with advisers attached to retail funds. Hume agreed, saying: "Stephen and I are well aligned on financial advisers. This should be a very highly independent profession and it's taken a long time to bring them here. Let's not lose ...