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Showing 1341 - 1350 of 4746 results for "Financial advisers"

Research reveals factors influencing advice

JAMIE WILLIAMSON  |  WEDNESDAY, 26 MAY 2021
A study which saw financial advisers providing advice for hypothetical clients found glaring inconsistencies in risk assessments, with suggestions an adviser's own circumstances can influence the advice provided. The data from Oxford Risk shows, when ...

Former adviser jailed for six years

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
... years' imprisonment comes with a four-year non-parole period. ASIC commissioner Danielle Press commented: "Financial advisers should always allow clients to have direct access to information about their own investments. If this is not occurring ...

Advisers report burnout, breaking point: Research

KARREN VERGARA  |  TUESDAY, 25 MAY 2021
High levels of stress and anxiety are tempting 42% of financial advisers to exit the industry, as reports of burnout underscore the toll their work is taking on their physical and mental health, new research suggests. The inaugural Wellbeing of Financial ...

Actuaries Institute unveils IDII recommendations

KARREN VERGARA  |  MONDAY, 24 MAY 2021
... recommendation is the introduction of simpler and cheaper product alternatives. Without changing the use of financial advisers or other distribution methods, the industry should thoroughly investigate consumer preferences for features/price trade-offs ...

Victoria Devine launches investing platform

ELIZABETH MCARTHUR  |  MONDAY, 24 MAY 2021
... Melbourne's Zella Wealth, said. "That's why taking this step to be part of the solution is so important. As financial advisers we all need to work together to help people. Different clients have different needs, and different business models can meet ...

Advisers filter clients via ethical lens

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
The rise of ethically minded financial advisers has reached the point where clients have been sacked because they do not align with their values. This is according to Zurich risk strategy specialist Adam Crabbe, who is seeing a shift in the emergence ...

ASIC takes action against Equiti

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
... action against a financial services group for allegedly paying conflicted remuneration totalling $165,000 to its financial advisers who gave inappropriate SMSF and property advice. Equiti Financial Services (Equiti FS) - which is now called DOD Bookkeeping ...

Pinnacle affiliates reach $85bn AUM

KARREN VERGARA  |  THURSDAY, 20 MAY 2021
... from $16.7 billion at the end of December 2020. Some challenges this sector faces are the continued exodus of financial advisers, which saw a 20% decline in headcount compared to FY20. Pinnacle said uncertainties around regulatory reform, together with ...

Draft advice reforms not enough: FPA

JAMIE WILLIAMSON  |  WEDNESDAY, 19 MAY 2021
The Financial Planning Association of Australia used its submission on the single disciplinary body for financial advisers to renew calls to remove the Tax Practitioners Board as a regulator of the sector. While the association welcomed the plan to ...

ASIC bans Theta managing director

KARREN VERGARA  |  MONDAY, 17 MAY 2021
... a compensation of amount of just $118,957.60 for the victims. Marie's banning is recorded on ASIC's Financial Advisers Register and the Banned and Disqualified Persons Register.