Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1311 - 1320 of 5660 results for "Financial Adviser"

Morningstar launches ESG focused managed accounts

CHLOE WALKER  |  MONDAY, 31 JAN 2022
The new managed accounts will enable financial advisers to help their clients meet their financial goals while still aligning with their values, according to Morningstar Investment Management (MIM). MIM said the new, hand-picked accounts are diversified ...

Inquiry criticises gaps in CSLR

KARREN VERGARA  |  MONDAY, 31 JAN 2022
The proposed Compensation Scheme of Last Resort regime has several flaws that will overlook the protection of certain investors, a parliamentary inquiry heard. In discussing the Standing Committee on Economics Financial Services Compensation Scheme ...

Aussies shell out $51m on crypto fees

KARREN VERGARA  |  MONDAY, 31 JAN 2022
... cryptocurrency investment scams. "It is best practice for superannuation fund members to seek advice from a licensed financial adviser before agreeing to transfer superannuation out of a regulated fund into an SMSF," ASIC said.

Quality of Advice must consider digital: Ignition

ELIZABETH MCARTHUR  |  MONDAY, 31 JAN 2022
... affordability certainly have not," Baker said. Rather, he pointed out, there has been a significant drop in financial adviser numbers and a rise in the cost of advice delivery due to the cost of complying with increased regulation. The review will consider ...

The future is bright for BT: Rady

JAMIE WILLIAMSON  |  FRIDAY, 28 JAN 2022
... number of users despite falling adviser numbers and BT Panorama's extended outage in 2021. According to the ASIC Financial Adviser Register, there's about 18,000 financial advisers registered today; more than 800 exited over the Christmas and New Year ...

MFS recruits BNP Paribas executive

JAMIE WILLIAMSON  |  FRIDAY, 28 JAN 2022
The former head of wholesale distribution at BNP Paribas Asset Management has taken on a similar role at MFS Investment Management. James Langlands is now head of wholesale, Australia and New Zealand for MFS. He replaces Ross Cartwright who relocated ...

Education reforms are promising: SAFAA

KARREN VERGARA  |  FRIDAY, 28 JAN 2022
... will "not roll back or lower education standards" for financial advisers. The SAFAA slammed the now-defunct Financial Adviser Standards and Ethics Authority, describing it as a "bureaucracy that was averse to stakeholder engagement" and narrowed the ...

Advised clients' major concerns in 2022

KARREN VERGARA  |  FRIDAY, 28 JAN 2022
From skyrocketing property prices to a foreboding stock market crash, financial advisers reveal their clients' main worries in 2022. Wild swings across the local and international share markets is a concern for many clients, particularly as indices ...

Insignia loses self-employed advisers

KARREN VERGARA  |  THURSDAY, 27 JAN 2022
Insignia Financial reported an exodus of self-employed advisers in the December 2021 quarter amid an overhaul of its advice fee model. The company, which recently shed the name IOOF, lost 118 advisers during the period. Most advisers (94) who left were ...

UBS acquires Wealthfront, opens multicultural division

JAMIE WILLIAMSON  |  THURSDAY, 27 JAN 2022
UBS is expanding its global wealth management offering, with a focus on affluent young people and multicultural investors. UBS has acquired Wealthfront, an automated wealth management platform serving millennial and Gen Z investors, for US$1.4 billion. ...