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Showing 1141 - 1150 of 4062 results for "Financial planning"

Royal Commission grills professional associations

KARREN VERGARA  |  THURSDAY, 26 APR 2018
... inappropriate financial advice and the lack of urgency in resolving complaints. The Commission recommenced with Financial Planning Association of Australia (FPA) chief executive Dante De Gori facing questions regarding high-profile member Sam Henderson's ...

High profile adviser under fire

JAMIE WILLIAMSON  |  THURSDAY, 26 APR 2018
... document and offered to refund the near $5000 McKenna had paid for the SoA. McKenna later made a complaint to the Financial Planning Association of Australia which, almost 12 months later, is yet to be resolved. Asked by Senior Counsel Assisting Rowena ...

Robo-adviser partners with private wealth firm

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... includes client fact-finds, portfolio advice creation and SOA or investment program generation. Kaura said financial planning firms will be able to extend their reach into potential new market segments that have, until now, been untapped due to the cost ...

AMP kept unsuspecting clients in the dark: RC

KARREN VERGARA  |  TUESDAY, 24 APR 2018
The financial services Royal Commission censored the names of two AMP financial planning clients who currently don't know they are the victims of improper advice provided by an authorised representative. AMP knew as early as March 2017 the husband and ...

Royal Commission singles out 325 NAB staff cutting corners

ALEX BURKE  |  TUESDAY, 24 APR 2018
... understanding as to what constituted serious compliance concerns back then. Orr then referred to a memo by NAB Financial Planning general manager Tim Steele which suggested NAB had since identified "a number of instances of NAB employees incorrectly ...

ANZ blames systems for inadequate controls: RC

KARREN VERGARA  |  MONDAY, 23 APR 2018
... advice practices has exposed ANZ's difficulty in aligning its systems, processes and procedures across ANZ Financial Planning (AFP) and three of its aligned dealer groups: RI Advice, Millennium3 and Financial Services Partners. ANZ chief risk officer ...

Westpac obscured bad adviser reference check

KARREN VERGARA  |  FRIDAY, 20 APR 2018
... with another licensee he was joining. Smith commenced as a financial adviser with Westpac subsidiary St George Financial Planning in May 2007. He displayed inappropriate conduct on several occasions that warranted a number of audits and warnings until ...

RECAP: Advice in the Royal Commission spotlight (Day 4 and 5)

KANIKA SOOD  |  FRIDAY, 20 APR 2018
... give Dover a reference check on an adviser who was audited several times during his eight years at St George Financial Planning. Dover currently employs the adviser. Wright thinks insurance should still be excluded from potential grandfathering rule ...

ASIC hits former NAB adviser with permanent ban

ALEX BURKE  |  WEDNESDAY, 18 APR 2018
... behalf. During this time, he was an authorised representative of The Salisbury Group and AMP-aligned Charter Financial Planning.

Why wait for Royal Commission to address trust?

HARRISON WORLEY  |  WEDNESDAY, 18 APR 2018
... three units of study. The proposed standards have been met with fierce opposition from the industry, with the Financial Planning Association of Australia stating that their members were outraged at the FASEA proposal. FPA chair Neil Kendall last week ...