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

Search Results

Showing 1201 - 1210 of 5658 results for "Financial Adviser"

Centrepoint says Diverger offer overlooks strategic value

JAMIE WILLIAMSON  |  MONDAY, 27 JUN 2022
... consideration for both would total $31.8 million and $31.8 million, respectively. If successful, Diverger's financial adviser network would balloon; Centrepoint's comprises about 1200 advisers, including many self-licensed practices. Combined ...

50% of advisers now offering ESG advice

CHLOE WALKER  |  FRIDAY, 24 JUN 2022
Almost half of all financial advisers are now providing ESG investment advice, according to a new report. This is a key finding of new research from Australian Ethical and Investment Trends and shows a significant increase from 2016 when just one in ...

Government commits to Quality of Advice Review in current form

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
Minister for financial services Stephen Jones has met with independent reviewer Michelle Levy to discuss the ongoing review. In a statement, Jones confirmed he has met with Levy and supports the review continuing under its current Terms of Reference. ...

Diverger makes $65m bid for Centrepoint Alliance

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
... $8 million remains upon completion. This would have no impact on the offer price. If successful, Diverger's financial adviser network balloon; Centrepoint's comprises about 1200 advisers, including some that are self-licensed. Combined, the two firms ...

Squirrel Super to pay over false property claims

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
... with managing an investment property via an SMSF are "surprisingly low" when compared to the cost of having a financial adviser select a series of managed funds. It claimed that the annual management fees associated with an $800,000 investment property ...

Advice requirements confusing, complex: JAWG

ANDREW MCKEAN  |  TUESDAY, 21 JUN 2022
The Joint Associations Working Group has told the Quality of Advice Review to reduce compliance burdens and to enable the delivery of affordable, accessible advice to more consumers. In a statement, the collective of professional associations called ...

Former adviser wins appeal, convictions quashed

JAMIE WILLIAMSON  |  MONDAY, 20 JUN 2022
... will have his case retried, having successfully argued there was a miscarriage of justice. Ben Jayaweera was a financial adviser and director of now-defunct Growth Plus Financial Group, based in Queensland. In 2019 he was found guilty of six charges ...

May exam sees 43% pass rate

JAMIE WILLIAMSON  |  MONDAY, 20 JUN 2022
... have sat the exam and about 91% have passed. Of those, more than 15,600 are listed as currently active on the Financial Adviser Register, ASIC said, and just 600 were new entrants to the industry. However, more than 2400 of the candidates that passed ...

Barred adviser breaches ASIC order

ANDREW MCKEAN  |  MONDAY, 20 JUN 2022
Former Queensland financial adviser Lawrence Teledo has been convicted for breaching an ASIC banning order. Toledo has been fined $1500 after pleading guilty to three charges of breaching an ASIC banning order. In 2017, Toledo was banned from providing ...

Clear up uncertainty: AFA, FPA

JAMIE WILLIAMSON  |  FRIDAY, 17 JUN 2022
... from SoA requirements, consolidation of advice fee authorisation requirements, aligning the CPD year with the Financial Adviser Register registration/renewal period or with the financial year, and the temporary COVID-19 relief measures to be made permanent." ...