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Showing 111 - 120 of 1020 results for "SoA"

Claimants tend to be younger women: Research

KARREN VERGARA  |  WEDNESDAY, 8 MAR 2023
New life insurance research shows that women who make cancer-related claims tend to be younger than men. A MetLife study found that females making cancer-related claims in the areas of death, income protection, terminal illness, TPD and trauma are younger ...

QAR does not "trash" FoFA: Anderson

CASSANDRA BALDINI  |  TUESDAY, 7 MAR 2023
... provide advice documentation as another solution that should be fast tracked. "The requirement to prepare a Statement of Advice (SoA) was a Financial Services Reform Act initiative dating back to 2001. This was not a FoFA reform, so there can be no FoFA ...

Adviser pay, incentives disparity revealed

KARREN VERGARA  |  FRIDAY, 17 FEB 2023
Experienced financial advisers working across major cities are earning as much as $150,000 per year, significantly more than their counterparts in smaller and regional hubs. According to consulting firm Business Health, which canvassed nearly 100 advice ...

Put controls in place for super funds: Associations

CASSANDRA BALDINI  |  THURSDAY, 9 FEB 2023
... members. "There will be no safe harbour steps to follow, and they will not have to give the member a statement of advice (SoA). That will improve the accessibility and affordability of financial advice," she said. But Anderson isn't convinced "If ...

Treasury releases Quality of Advice Review final report

CASSANDRA BALDINI, JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2023
... or at the time the advice is provided. This requirement is not relevant to those who currently don't have to provide an SoA. The report is also calling for an amendment to the design and distribution obligations (DDO) to limit the exception to the ...

Skill shortage to continue to cost Aussie companies

CASSANDRA BALDINI  |  MONDAY, 30 JAN 2023
Australian companies will continue to suffer at the hands of the skill shortage crisis in 2023, with 70% of employers stating the lack of talent will cost them. According to research conducted by specialised recruiter Robert Half, the recent 3.5% unemployment ...

Mixed outlook for paraplanning: Study

ANDREW MCKEAN  |  FRIDAY, 20 JAN 2023
... providing comprehensive advice is $5335 per client. Some paraplanners believe the cost of advice can be attributed to the SoA or paraplanning itself. The survey showed the average plan fee for a standard comprehensive advice document is around $450 to ...

2023 will be better for bonds: Experts

CASSANDRA BALDINI  |  TUESDAY, 10 JAN 2023
Last year marked the worst performance for bonds since the 1970s and while soaring inflation overshadowed this narrative, it remains an important economic storyline for investors. Stepping into a new year and shaking off the 2022 credit chaos the question ...

What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
Amid a year of economic turbulence and soaring inflation, Financial Standard's most read stories reveal attention was once again focused on the evolving superannuation sector. The worst performing super products and funds underscore the majority ...

Industrial property ensures big wins for TelstraSuper

ELIZABETH FRY  |  MONDAY, 21 NOV 2022
TelstraSuper investment chief Graeme Miller says exposure to industrial property delivered bumper returns for the superannuation fund as the boom in online shopping drove up values. The unlisted property sector makes up about 11% of the super fund's ...