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Showing 121 - 130 of 230 results for "Separation"

NFP intra-fund advice is not a distribution channel

KARREN VERGARA  |  WEDNESDAY, 3 APR 2019
... in Superannuation Symposium in Melbourne that while vertical integration of financial products remained lawful, the separation of product and advice is underpinning advice discussions among retail funds. "Profit-to-member superannuation trustees put ...

AMP scraps bonuses

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAR 2019
... transitional year for AMP, where we focus on repositioning our business for the future." "Our first priority is the separation of our wealth protection and mature businesses, which will help simplify and create the basis for a more agile AMP."

Couples need to talk money

HARRISON WORLEY  |  WEDNESDAY, 13 MAR 2019
New research from Westpac shows couples are struggling to discuss their financial matters. Westpac's Finance and Separation report shows that choosing to avoid discussions about their finances is a recurring theme among couples who have - or are considering ...

NAB wealth exit delayed

HARRISON WORLEY  |  FRIDAY, 8 FEB 2019
The bank's separation from MLC is likely to be delayed. NAB said it was likely the planned divestment of its wealth management arm MLC would be delayed as far as June 2020. The bank said that while more detail was yet to arrive about the proposed legislative ...

Ferrari restructures AMP wealth leadership

HARRISON WORLEY  |  THURSDAY, 7 FEB 2019
... Zealand wealth protection and mature operations in the interim as they transition on AMP Life ahead of its planned separation. In a media statement De Ferrari said Wade's leadership would ensure AMP's wealth business remained competitive, and ...

Platforms steady after Royal Commission

KANIKA SOOD  |  TUESDAY, 5 FEB 2019
... relief after the Royal Commission's final report. Commissioner Kenneth Hayne did not recommend either structural separation or wider approved product lists. And this could slow down the adviser migration from big wealth managers to independent platforms ...

Hayne stops short of dismantling vertical integration

HARRISON WORLEY  |  TUESDAY, 5 FEB 2019
... been widely adopted by Australian institutions. These calls have been heard by Hayne, who said to recommend the forced separation of financial advice and those who sell and manufacture financial products "involved significant disruption" to the industry ...

Hayne targets superannuation employer connections

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... entering this part of the financial services market and providing some new and better offering to consumers." Structural separation Hayne said he is "not persuaded that a case has been made for imposing some form of structural separation on RSEs." Structural ...

Synchron renews calls on risk advice separation

KANIKA SOOD  |  FRIDAY, 1 FEB 2019
... financial planners. It doesn't really make sense," he said. Trapnell has called for life insurers to back its call for separation between the two. "Like Synchron, we believe life insurers recognise just how vital risk advisers are to clients, to the ...

Managed accounts not immune to Royal Commission

KARREN VERGARA  |  TUESDAY, 22 JAN 2019
... businesses may be required to structurally separate. At this stage, she said it is too early to tell whether structural separation of product and advice will occur. It could happen in the for-profit sector it would mean offering limited personal advice ...