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Showing 1431 - 1440 of 13243 results for "Adviser"

Perpetual rebuffs Soul Pattinson takeover offer

ANDREW MCKEAN  |  THURSDAY, 7 DEC 2023
Perpetual has rejected a $3 billion acquisition bid from Washington H. Soul Pattinson, saying that it "materially undervalues" the company's Corporate Trust and Wealth Management divisions. Soul Pattinson, currently Perpetual's largest shareholder ...

QAR final response winds clock back, says FAAA

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
... which included allowing superannuation funds to provide personal financial advice to members via a new class of financial adviser. "There is little detail available at this stage, but on the face of it we are deeply concerned at the direction of these ...

Adviser with Investport links sees ban affirmed

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
A financial adviser who failed to act in her clients' best interests by recommending they invest in the Investport scheme she was receiving loans from has seen her two-year ban affirmed by an appeals tribunal. Pamela Anderson was a financial adviser ...

Final QAR reforms open door to super funds

CASSANDRA BALDINI  |  THURSDAY, 7 DEC 2023
... and or scope, the advice itself, the rationale behind the advice, the cost of advice to the client and the benefits the adviser received. The requirement to pass on a record to clients will be maintained; however, adviser record-keeping responsibilities ...

Private markets make concrete inroads with advisers

KARREN VERGARA  |  WEDNESDAY, 6 DEC 2023
... global wholesale managed funds investing in private credit and hedge funds. Charles Badenach, principal and private client adviser at Main Street Financial Solutions, sees sophisticated investors' interest in private markets grow since the COVID-19 ...

Advice firms must scale up to meet demand: AZ NGA

CASSANDRA BALDINI  |  WEDNESDAY, 6 DEC 2023
Financial advice businesses must supercharge their capabilities, expand their capacity, and scale up to reach and serve more Australians. According to AZ NGA's paper, titled Ready or Not? A guide to building a super firm, the industry's current ...

Coastal Advice Group expands reach

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
The Newcastle-based group has acquired RI Brighton and Wealth for Life Financial Planning as part of its strategy to become one of the leading financial advice providers in the country. The acquisition of the firms, both based out of Adelaide, will ...

HNWs require specialist expertise: Report

CHLOE WALKER  |  TUESDAY, 5 DEC 2023
... commercial finance, trustee services, tax planning, cash flow planning, and debt management. "HNW clients aren't looking for an adviser to 'hand them off' to other experts, nor do they expect their adviser to 'know it all'," it said. "Rather, they look ...

Payday super timing, deliberate: Chalmers

CASSANDRA BALDINI  |  TUESDAY, 5 DEC 2023
... the super that they've earned and that they're entitled to." Despite the reasoning, independent consultant and adviser Stephen Huppert said pushing back the start date is a little bit disappointing due to the member impact. "I suspect the main ...

Changing retirement landscape needs regulatory framework: Actuaries Institute

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
... stated. Joint authors of the paper, former president of the Actuaries Institute Andrew Gale, and independent consultant and adviser Stephen Huppert said, the shift needs to occur to support the risks facing Australians in retirement, the biggest being ...