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Showing 1301 - 1310 of 4381 results for "Financial advice"

Aware to restructure advice offering

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 MAR 2021
One of Australia's largest superannuation funds, Aware Super, is restructuring its financial advice team in a move which will result in redundancies. The $130 billion fund said it has observed a trend away from ongoing advice contracts and towards on-demand ...

NZ overhauls regulation of advice

JAMIE WILLIAMSON  |  FRIDAY, 19 MAR 2021
The way in which financial advice is regulated in New Zealand has changed, with a host of new requirements introduced and robo-advice now subjected to the same rules as advice delivered in person. From March 15, all providers of financial advice to ...

HUB24 hits fund managers with higher fees

KANIKA SOOD  |  FRIDAY, 19 MAR 2021
... harder for them to process rebated. "They know we are captive because we obviously want a relationship with a financial advice firm that is investing in our funds. Sure we can be on the platform [if opting out of reporting fee], but we want to service ...

Dealer group GM exits

JAMIE WILLIAMSON  |  THURSDAY, 18 MAR 2021
... growing the customers within our alliance partners that sought advice," he said. He remains a firm believer that financial advice makes a difference, he added. Kriss' departure comes as part of the IOOF's wider restructure, making way for MLC Wealth ...

Synchron demands clarity from insurers

ELIZABETH MCARTHUR  |  THURSDAY, 18 MAR 2021
Financial advice dealer group Synchron is urging life insurers to clarify their responses to the new unfair contract terms regime. The new regime will come into effect from 5 April 2021, requiring many policies to be corrected. "Our understanding is ...

Foreign exchange brokers banned

ANNABELLE DICKSON  |  THURSDAY, 18 MAR 2021
... they would not benefit from clients depositing funds. Furthermore, Hoang was found to have provided personal financial advice on CFDs and FX Contracts while not understanding the nature of the products.

Low pass rate for latest FASEA exam

ELIZABETH MCARTHUR  |  THURSDAY, 18 MAR 2021
... Register have sat the exam. FASEA revealed that analysis of the exam results showed that advisers underperformed in financial advice regulatory and legal obligations questions - particularly in relation to documentation, the Corporations Act and differentiating ...

IOOF firms abandon ship

ANNABELLE DICKSON  |  WEDNESDAY, 17 MAR 2021
Four IOOF financial advice firms have joined Count Financial ahead of the MLC acquisition, with one firm saying it was seeking a licensee without "hidden agendas". Magnis Financial Planning, Glenbuckie, Aim Financial Advice and Strategic Wealth Management ...

Chances of CBA admitting to Essential Super wrongdoing "non-existent"

JAMIE WILLIAMSON  |  FRIDAY, 12 MAR 2021
... be expected to influence the choice of financial product recommended by the bank to its retail clients, or the financial advice it provided them. A trial is set to take place later this year. ASIC's lawyer suggested the trial may last up to eight ...

Bellmont expands distribution capability

KARREN VERGARA  |  THURSDAY, 11 MAR 2021
... Bell's new remit is growing Bellmont's managed account investment management offering and working closely with financial advice firms. He reports to founders Peter Bell and David Montuoro. The firm also provides brokerage services. Peter Bell said ...