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Showing 1311 - 1320 of 6076 results for "Commission"

Challenger winds up boutique partnership

KANIKA SOOD  |  WEDNESDAY, 22 APR 2020
... and other institutional investors rebalanced. On annuity sales, Howes said adviser channel disruption since the Royal Commission had showed some signs of improvement before the pandemic hit. "There's no doubt that the challenges financial advisers were ...

AIOFP launches fresh campaign, criticises FPA

ELIZABETH MCARTHUR  |  TUESDAY, 21 APR 2020
... have an opportunity to force change, leveraging similar techniques employed by the mortgage broking sector post-Royal Commission. "During the last quarter of 2018 we all witnessed politicians being forced into listening to the mortgage advisers view ...

ERS at risk of significant delays: ISA

ELIZA BAVIN  |  TUESDAY, 21 APR 2020
New polling by Industry Super Australia shows close to one million people planning to access their super early don't even qualify to do so, sparking concern that those in genuine need will experience significant delays in getting their hands on ...

Advisers adapt as crisis unfolds

ALLY SELBY  |  MONDAY, 20 APR 2020
... Australia's advisory businesses already faced contracting operating margins and an exodus of advisers following the Royal Commission. These pressures saw the country's advisers increasingly embrace technology and innovative solutions to scale up their ...

APRA-regulated fund or SMSF: It's all the same

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
Having a highly paid team of investment professionals doesn't mean much when a Black Swan event hits. Since the outbreak of COVID-19 there has been a huge amount of focus on industry super funds. From concerns over liquidity issues, impacts of the ...

Financial services exec embroiled in bribery scheme

ALLY SELBY  |  THURSDAY, 16 APR 2020
... Ghanaian government to gain their approval to build and operate an electrical power plant. The Securities and Exchange Commission charged former Goldman Sachs executive Asante Berko with orchestrating a bribery scheme to help a Turkish client win a government ...

Former financial adviser permanently banned

HARRISON WORLEY  |  TUESDAY, 7 APR 2020
A former financial adviser is the first person to be permanently banned from having any involvement in financial services or credit businesses in Australia. ASIC has used its newly sharpened teeth to permanently ban former Adelaide financial adviser ...

Charterhill founder incarcerated

ALLY SELBY  |  MONDAY, 6 APR 2020
The founder of Charterhill Group, which collapsed in 2014, has been sentenced to 10 years imprisonment, and will serve at least six of these behind bars. Charterhill Group, run by George Nowak, provided a "one stop shop" for SMSF clients; providing ...

COVID-19 sparks renewed fight for commissions

ELIZABETH MCARTHUR  |  MONDAY, 6 APR 2020
... Association of Independent Financial Professionals (AIOFP) has made a submission on the implementation of the Royal Commission recommendations calling for the banning of grandfathered commissions to be pushed back by two years to help advisers through ...

Could relief on advice compliance save consumers?

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
... an SOA is something clients might not be able to wait for in the current circumstance. Transitioning grandfathered commission clients and studying for the FASEA exam are things that may be taking advisers attentions away from what's important right ...