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Showing 1271 - 1280 of 4745 results for "Financial advisers"

Former Millennium3 representatives cop ban

KARREN VERGARA  |  TUESDAY, 3 AUG 2021
... they breached their duties while working as director and officer respectively. Neither Parry nor Price were financial advisers. Parry was sole director and secretary of NCFS between 4 September 2008 and 15 October 2020. Price has been an officer and ...

Financial Masterplan advisers banned

ANNABELLE DICKSON  |  TUESDAY, 3 AUG 2021
ASIC banned two Gold Coast-based financial advisers for five years after they were found to have placed clients in inappropriate superannuation and insurance products. The corporate regulator believes Trent Allan and Fabrizio Urrutia were not adequately ...

AMP hires in support of advisers, brokers

ELIZABETH MCARTHUR  |  TUESDAY, 3 AUG 2021
... governance. The appointment is aimed at bolstering distribution and governance support for AMP's brokers and financial advisers. Herbert was previously head of lending distribution at MyState Bank, and prior to that, chief executive at The Rock Building ...

New AIA advice unit names chief executive

KARREN VERGARA  |  FRIDAY, 30 JUL 2021
... Alongside AIA Financial Wellbeing, Mu added that the insurer will continue to focus on partnerships with external financial advisers who provide valuable comprehensive advice to their clients. Separately, AIA New Zealand has been ordered to pay NZ$700,000 ...

Broken advice industry shuns everyday Aussies: AFA

KARREN VERGARA, ANNABELLE DICKSON  |  THURSDAY, 29 JUL 2021
... Australians further cements the position of the rich and powerful, an inquiry heard this morning. The Association of Financial Advisers president Michael Nowak said the broken state of the financial advice industry has resulted in two damaging consequences ...

PADUA accelerates distribution effort

KARREN VERGARA  |  THURSDAY, 29 JUL 2021
... report to Canning. Canning commented: "I have been following the growth in PADUA and the solutions they provide financial advisers for some time. Both services divisions - paraplanning and transition management - are peerless in the industry - but it's ...

IOOF advice outflows soar

ANNABELLE DICKSON  |  THURSDAY, 29 JUL 2021
... advice licensees. At the end of June, IOOF maintained active advice services relationships with almost 2000 financial advisers with $2.2 billion in funds under advice. "The successful completion of the MLC acquisition has transformed our business in ...

AFA slams skyrocketing ASIC levy

KARREN VERGARA  |  WEDNESDAY, 28 JUL 2021
The Association of Financial Advisers fears that ASIC's FY21 industry levy will blow out even more than its estimates. The association does not want history to repeat itself, pointing to how the FY20 levy jumped 54% higher than ASIC's estimates. ...

Managed accounts fulfil best interest

ANNABELLE DICKSON  |  WEDNESDAY, 28 JUL 2021
... obligations compared to managed funds (80%) or direct equities (65%). "Compliance is the top challenge faced by financial advisers in the day-to-day running of their business, with direct implications for profit margins. The ability of managed accounts ...

Advice association shutters

ELIZABETH MCARTHUR  |  TUESDAY, 27 JUL 2021
... been vocal in boycotting the FASEA exam and fighting to retain life commissions, has shuttered. The United Financial Advisers Association (UFAA), which claimed to have 6000 members, quietly ended operations recently. The association announced that it ...