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Showing 1301 - 1310 of 4389 results for "financial Advice"

Count snaps up three former MLC firms

ELIZABETH MCARTHUR  |  THURSDAY, 1 APR 2021
Three former MLC firms are joining Count Financial, as its network of financial advice businesses continues to expand. It comes after four former IOOF firms joined Count on March 17. The three former MLC firms joining Count are: Sapphire Coast Financial ...

Rice Warner acquired by Deloitte

KANIKA SOOD  |  THURSDAY, 1 APR 2021
... successful fund mergers, and are a versatile business with strengths in areas as diverse as group insurance, financial advice and retirement. I am proud of what we have all achieved, and am pleased that the team will stay together and flourish as part ...

Why advisers don't recommend annuities

KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
... fellow Teagan Altschwager and associate professor of marketing Jody Evans say the "fee-for-service" nature of financial advice, the limitations on advisers' ability to add value to annuities, and government regulation holds back advisers from recommending ...

Multiples paid for client books dip

KARREN VERGARA  |  WEDNESDAY, 31 MAR 2021
... approved services that are provided." A "vanilla type" AFSL, which includes superannuation, risk insurance and financial advice, is valued at $20,000. A vanilla AFSL with a managed discretionary account (MDA) facility would go for $50,000. Adding an ...

Synchron appoints Queensland manager

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 MAR 2021
... the current environment." Synchron has been one of the dealer groups to benefit from the state of flux in the financial advice industry as major institutions have exited wealth. It picked up dozens of AMP advisers in 2020 and is now one of the largest ...

DDO to simplify general, personal advice

ANNABELLE DICKSON  |  TUESDAY, 30 MAR 2021
... Court affirmed the Federal Court's 2019 decision that two Westpac subsidiaries provided unlicensed personal financial advice. "The High Court has provided clarity concerning the differences between personal advice and general advice. Westpac were ...

REA Group to acquire Mortgage Choice

ELIZABETH MCARTHUR  |  MONDAY, 29 MAR 2021
... proposal. Mortgage Choice chief executive Susan Mitchell confirmed the transaction would not alter Mortgage Choice's financial advice business, FinChoice. "The REA Group transaction does not alter FinChoice's position. Independent of the acquisition ...

ASIC releases fee consent instrument

ELIZABETH MCARTHUR  |  THURSDAY, 25 MAR 2021
... consent will also be required for super trustees to obtain from a member of a super fund before deducting any financial advice fees from a member's account under a non-ongoing fee arrangement. To assist licensees, ASIC has provided example written consent ...

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 ...