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Showing 1321 - 1330 of 10445 results for "Advice"

Frontier restructures, promotes

ELIZABETH FRY  |  FRIDAY, 24 NOV 2023
... patience will be key. "We're a people business," he said "The quality of our team and the integrity of our unconflicted advice model is what our clients really value. So, we must be very selective in finding the right people to join our team. That ...

Mercer fined $12m over advice failures

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
Mercer Financial Advice will pay $12 million after the Federal Court found it failed to meet some disclosure obligations and charged almost $5 million in fees to clients when it was not entitled to do so. Mercer admitted that, between July 2016 and ...

AMP to pay $100m to settle BOLR class action

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
... liability and is still subject to approval by the Federal Court, it said. Speaking to Financial Standard, AMP group executive, advice Matt Lawler said that was also the objective for AMP, adding that he and chief executive Alexis George have been working ...

ASIC investigates iExtend over possible unlicensed conduct

CHLOE WALKER  |  THURSDAY, 23 NOV 2023
... agreement with policyholders. The undertaking shows ASIC is also concerned that iExtend may have provided financial product advice without a licence, and that iExtend may look to provide a claims handling and settling service in the future. Around the ...

Key advice reforms still coming, Jones promises

JAMIE WILLIAMSON  |  WEDNESDAY, 22 NOV 2023
... Minister for financial services Stephen Jones has confirmed the government remains committed to removing Statements of Advice and the Safe Harbour Steps, as well as accelerating changes to education requirements to meet increased demand for advice. Speaking ...

ASIC freezes out former Magnolia Capital director

ANDREW MCKEAN  |  WEDNESDAY, 22 NOV 2023
... director of all the group's companies that operated businesses between 2018 and 2022, which provided investors with financial advice and services in relation to secured lending transactions and share investment. Notably, a liquidator's report filed with ...

Paraplanners unfazed by QAR, AI: Survey

KARREN VERGARA  |  WEDNESDAY, 22 NOV 2023
The majority of paraplanners are not worried about artificial intelligence or the Quality of Advice Review potentially making their roles redundant, according to a new survey. This year's Paraplanner Hub and Tanngo survey finds that most paraplanners ...

Inaugural FAAA award winners named

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
The Financial Advice Association Australia (FAAA) revealed the recipients of its 2023 awards, including Adviser of the Year and Certified Financial Planner Professional of the Year. Celebrating its first awards gala dinner as a merged entity in Adelaide ...

Insignia Financial finds buyer for Millennium3

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... before tax to the group on an annualised basis. Further, WTL said the M3 network will add circa $5 billion in funds under advice (FUA) and more than $150 million of in-force risk insurance premium, bringing its FUA to $23 billion and in-force premium ...

Colonial First State enhances FirstChoice with Elemnta

CHLOE WALKER  |  TUESDAY, 21 NOV 2023
... high-quality data." CFS and Elemnta first started working together in September, around the same time that Elemnta rebranded from Advice Revolution. "We are excited to partner with CFS to introduce a solution that not only enhances support for advisers ...