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Showing 1171 - 1180 of 9814 results for "Advisers"

Former adviser convicted over false documents

CHLOE WALKER  |  THURSDAY, 30 NOV 2023
... who had relied on Fong Financial Planners. "Members of the public necessarily place their faith and trust in financial advisers and services and any breach of trust in those circumstances is therefore serious," Judge Zempilas said. Judge Zempilas considered ...

OnePath cops $5m fine over fees for no service

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... regard, once the adviser service fees were deducted from the members' accounts, they were paid over to the relevant advisers who were not employed by the trustee." The court recognised that OnePath expressed remorse by fully compensating the affected ...

ASIC confirms adviser registration deadline

KARREN VERGARA  |  WEDNESDAY, 29 NOV 2023
After receiving Royal Assent on November 27, ASIC is urging all financial advisers who service retail clients to register before the 1 February 2024 final deadline. From this date, advisers otherwise known as relevant providers who provide personal ...

AMP selects new chief technology officer

CHLOE WALKER  |  WEDNESDAY, 29 NOV 2023
... function and building a depth of talent," George said. Last week, AMP reached a settlement with AMP Financial Planning advisers in the long-running Buyer of Last Resort (BOLR) class action. The wealth manager will pay $100 million - an amount double ...

Spatium Capital selects trustee, administrator for small caps fund

CASSANDRA BALDINI  |  TUESDAY, 28 NOV 2023
... Capital Small Companies Fund (SSCF) from early 2024. Spatium Capital said the announcement follows requests from financial advisers and SMSF trustees who want easier, cleaner digital access via applications and signature protocols. True Oak has operated ...

Betashares launches cash plus managed fund

CASSANDRA BALDINI  |  MONDAY, 27 NOV 2023
... fund will suit investors who want to make their cash work harder within their portfolio. "Investors and their financial advisers will be able to use MMKT to gain access to a compelling solution for the cash allocation of their investment portfolios," ...

AMP to pay $100m to settle BOLR class action

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
... initially provisioned. The wealth manager announced this morning it has reached a settlement with AMP Financial Planning advisers in the BOLR class action that dates back to July 2020. After provisioning $50 million for the fallout in its 1H23 results ...

ASIC investigates iExtend over possible unlicensed conduct

CHLOE WALKER  |  THURSDAY, 23 NOV 2023
... the premiums of the co-owned cover. "iExtend wants to fill a gap in the insurance market and to partner with financial advisers and insurance providers to ensure policyholders can continue the valued relationship they have with them by accessing a flexible ...

Key advice reforms still coming, Jones promises

JAMIE WILLIAMSON  |  WEDNESDAY, 22 NOV 2023
... He went on to say that to further improve the sustainability of the sector more needs to be done to encourage more new advisers into the industry, saying "the legacy of FASEA looms large" and current pathways require more flexibility and need to better ...

Inaugural FAAA award winners named

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
... approach. Burchgart also featured in the Financial Standard Power50 for 2023, recognising the most influential financial advisers in Australia. Meanwhile, the FAAA Certified Financial Planner Professional of the Year title went to Financial Edge Group's ...