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| | | ... actually implement the advice drastically increases," he said. Instead, Six Park said it works in partnership with financial planners rather trying to disrupt the industry, reiterating that digital and holistic advice are complementary offerings. "Integrating ... |
| | | | ... creating significant risks. "While we welcome reforms that improve the overall standard of financial advice, financial planners and their clients are paying an unreasonably high price for it," De Gori said. The FPA found that, when asked, 41% of Australians ... |
| | | | ... types of investment vehicles at the very time the supply of and demand for them is growing significantly among financial planners and their clients." Ashton added that these are often more complex than many 'standard' managed funds and require significant ... |
| | | | ... within industry, media, government and consumers about the definitions and roles of financial advisers and financial planners, and those that sell financial products." Further to replacing the term 'general advice', the FPA said consumers must be given ... |
| | | | FASEA has released a draft Financial Planners & Advisers Code of Ethics 2019 Guide for consultation. The draft is intended to provide an explanation of the application of the code. "The Code of Ethics provides an ethical framework of values and standards ... |
| | | | ... entitled to compensation because they incurred financial losses as a result of conflicted or incorrect advice from financial planners affiliated with or directly employed by CommInsure's parent company. "We allege the Commonwealth Bank's licensed ... |
| | | | ... efficiently servicing clients. "After a decade of structural change, increased regulation and industry reform, many financial planners are finding it difficult to balance an increased compliance burden and still give their entire book of clients the ... |
| | | | ... COVID-19 and FASEA, they have plenty to deal with already," he said. "Time and resources are of the essence for financial planners today, so we have made the sign-up process quick, secure and compliant. Advisers can easily collect and manage client profiles ... |
| | | | ... Utpal Bhattachary, trained men and women to pose as potential clients of 65 Hong Kong securities firms and financial planners that cater to retail investors. They found a male client was offered undiversified advice 13.5% of the time, while a female ... |
| | | | ... entitled to compensation because they incurred financial losses as a result of conflicted or incorrect advice from financial planners affiliated with or directly employed by CommInsure's parent company. "We allege the Commonwealth Bank's licensed financial ... |
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