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Showing 111 - 120 of 273 results for "Statement of Advice"

ClearView defends risk advice commissions

KARREN VERGARA  |  TUESDAY, 26 MAR 2019
... tax incentive should be expanded to fees such as ongoing personal advice and preparing a financial plan or Statement of Advice, it proposed. ClearView shares last traded at 85.5 cents at publication time.

Sunsuper introduces advice fee caps

JAMIE WILLIAMSON  |  THURSDAY, 28 FEB 2019
... the account balance is less than $50,000, Sunsuper will not authorise payment of the fee without sighting a Statement of Advice. For ongoing fees, the price is capped at the lower of $6600 or 1.1% of the balance per annum (including GST) and payable ...

ASIC bans former NAB, CBA advisers

JAMIE WILLIAMSON  |  THURSDAY, 24 JAN 2019
... submitted to insurers on behalf of two clients, and implemented advice to four clients before providing a Statement of Advice. This occurred between December 2011 and August 2015 while Nguyen was an authorised representative of GWM and continued while ...

VicSuper updates digital advice offering

HARRISON WORLEY  |  TUESDAY, 22 JAN 2019
... 2018, 22% of the members using Beeline were millennials, and 19% of those millennials have since generated a statement of advice. VicSuper chief executive Michael Dundon said the tool bolstered the fund's other financial advice offerings. "Beeline complements ...

Collaboration needed for AI and machine advice programs

OSKAH DUNNIN  |  TUESDAY, 15 JAN 2019
... become an ideal candidate for automated solutions." Symons suggested if industry associations wanted efficient statement of advice (SOA) review solutions to be developed, "then we need to come together and collaborate...working together is going to be ...

Former adviser charged over super theft

JAMIE WILLIAMSON  |  WEDNESDAY, 19 DEC 2018
... It is also alleged that between 21 and 29 May 2012, McSweeny directed an employee to construct a back-dated Statement of Advice which was presented to his licensee, the now-defunct AFS Group, in defence of a client complaint that was being investigated. ...

New tech for the new advice world

JAMIE WILLIAMSON  |  TUESDAY, 4 SEP 2018
... personal financial plan. Tracking goals, cashflow and insurance to provide the client with an instant, digital Statement of Advice, paraplanning is removed from the process. The software delivers efficiency and compliance benefits for advisers as they ...

Royal Commission challenges super regulators

KARREN VERGARA  |  TUESDAY, 28 AUG 2018
... advisers moving clients to a choice product and out of a MySuper product. The advisers failed to provide a Statement of Advice and Financial Services Guide, and obtain clients' informed consent to move their funds. Aon Hewitt has 185 advisers, and ...

Advisers demand self-licensing regime: Poll

KARREN VERGARA  |  MONDAY, 16 JUL 2018
... helping them to trade-off between different goals and keeping them accountable for them. It's not the Statement of Advice or the products; it's the mentoring and the relationship. That's what I think is missing from a lot of advice," he said. ...

AstuteWheel speeds up risk advice timeframe

KARREN VERGARA  |  FRIDAY, 29 JUN 2018
... potential insurance policies out of a database of 300 options that match the client's needs; a 12-page Statement of Advice (SoA) is then produced. "The integrated OmniLife risk research and quoting tool app shows side-by-side comparisons for new ...