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Showing 1271 - 1280 of 4380 results for "Financial advice"

Westpac settles life insurance class action

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 APR 2021
Westpac has settled a class action relating to life insurance sold through its financial advice network. The class action was brought against Westpac Group by Shine Lawyers in 2017. It claimed that between 2011 and 2017, customers who received financial ...

Former AMP Capital managing director joins Ignition

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
... UK and Europe and have our base in Australia so it therefore makes sense to continue our growth in the Asian financial advice market," Ignition Advice chief executive Mike Giles said. "There are significant opportunities in countries such as China and ...

Advisers laud Xplan software

KARREN VERGARA  |  WEDNESDAY, 28 APR 2021
... management application. Investment Trends ranked advice tech providers across four main areas: strategic advice, financial advice, advice on platforms and advice with products. The inaugural report also revealed foreign firms gaining dominance over the ...

CountPlus member firm to make acquisition

ANNABELLE DICKSON  |  TUESDAY, 27 APR 2021
... ASX-listed advice and accounting group has announced its member firm Kidmans Partners Wealth is acquiring the financial advice services of another member firm. Kidmans will pay $290,000 to Colgin Financial Services with $150,000 paid on completion and ...

Dealer group offers new fee structure

ELIZABETH MCARTHUR  |  TUESDAY, 27 APR 2021
... advisers who choose to work part-time. Centrepoint Alliance has launched a new flexible fee model, available to financial advice firms with more than one authorised representative. For advisers working part-time, variable costs including governance and ...

Advisers to go forth with claims handling

ANNABELLE DICKSON  |  MONDAY, 26 APR 2021
... meet the needs of small advice firms. "Whilst the regulation does not specifically refer to staff members of financial advice practices playing a role in claims handling, we were pleased to see that this was specifically referred to in the explanatory ...

FPA launches file note guidance

ELIZABETH MCARTHUR  |  MONDAY, 26 APR 2021
... defending financial planners. Unfortunately, in a dispute, the file is going to be the enduring evidence of the financial advice a planner has provided. It needs to tell the whole story." Cases reviewed by the FPA as it developed this guidance show that ...

IOOF licensees to take remedial action

JAMIE WILLIAMSON  |  MONDAY, 26 APR 2021
... into mediation with RI Advice and former adviser John Doyle in a case it brought against the latte two over bad financial advice. In August 2020 ASIC launched action against RI Advice over cybersecurity breaches between December 2017 and May 2018. Earlier ...

Government merges advice reviews

KARREN VERGARA  |  WEDNESDAY, 21 APR 2021
... Under Treasury's new remit, it will consider the breadth of issues impacting the quality and affordability of financial advice and risk advice, she said. "This will mean that once ASIC finishes its data-collection phase, this information will be provided ...

Vanguard UK upends cost of advice

KARREN VERGARA  |  TUESDAY, 20 APR 2021
Vanguard has launched a financial advice offering in the UK that will charge a flat rate of 0.79%, a whopping three times less than what the industry charges on average. Vanguard Personal Financial Planning promises to provide high-quality, low cost ...