Search Results | Showing 121 - 130 of 134 results for "Scaled Advice" |
| | | ... already operate. However, clauses (c) and (g) individually and together are likely to impede advisers from offering scaled advice. I expect that there will be further lobbying from the industry to find a more workable outcome." Premium Wealth Management ... |
| | | | ... help planners compete, believes Barrett. "Financial planners are going to have the same ability to provide sensible scaled advice to consumers as super funds. That is a sensible thing to do. This is an example where having the best interest test enshrined ... |
| | | | ... clients of the firm, such as their B or C class clients and offer them real time financial advice and service in the scaled advice sense, if there is a more holistic need it gets referred back to the original planner. "This is done on behalf of the planning ... |
| | | | ... strong." Speaking on Boardroom Radio, Gale also talked about the Future of Financial Advice reforms, saying the scaled advice reforms were a positive for the company and was an area in which they would look to support their firms. He also said if the ... |
| | | | ... can support a variety of different industry funds and corporate super plans," he said. "It means they can provide scaled advice more efficiently," he said. Kolbusz said a small super fund may not be able to justify the cost of hiring financial advisers ... |
| | | | ... believes that the current definitions of 'best interest' advice could halt the industry's migration into the world of scaled advice. Speaking at the Financial Services Council (FSC) conference, Barrett spoke of the need for dealership groups to embrace ... |
| | | | ... which represents the retail fund sector, could not comment on the issue but has publicly been a strong supporter of scaled advice. Pauline Vamos, chief executive of Association of Superannuation Funds of Australia, also could not comment on the specifics ... |
| | | | ... Financial Planning Association (FPA) has supported the move and said it is pleased with the range of topics on offer for scaled advice, but raised concerns on how Best Interest' duty will be incorporated. "In releasing this consultation paper without ... |
| | | | ... service has been greeted with fierce debate in the industry, but other funds may be plotting similar moves towards a scaled advice model. "I think that post reform more industry funds will go down this route," said David Whiteley, chief executive officer ... |
| | | | ... however, the concern is that in light of the FOFA reforms (in particular removing commissions and lower fees for scaled advice) it will ultimately cost advisers an additional $50,000 per annum to run a planning business, which will be passed on to clients. ... |
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