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Showing 1441 - 1450 of 4386 results for "Financial advice"

Demand for advice rises

KARREN VERGARA  |  TUESDAY, 8 SEP 2020
The number of Australians seeking financial advice has doubled from five years ago, a new report finds. According to Investment Trends, 2.6 million non-advised Australians want the services of a financial planner over the next two years. This demand ...

ASIC drags Evans Dixon to court

KANIKA SOOD  |  FRIDAY, 4 SEP 2020
... 2015 and 31 May 2019). It is further alleging 51 instances (which it thinks should be treated separately) of financial advice to the eight sample clients resulted in two or more contraventions each of the best interests duty under the Corps act. The ...

Count Financial faces class action

ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
... class action proceedings did not come without warning, as Piper Alderman made a call out for customers from the financial advice arms of AMP, CBA and Westpac who had either acquired, renewed or continue to hold a financial product on recommendation of ...

Technology can ease adviser red tape: Academic

KARREN VERGARA  |  THURSDAY, 3 SEP 2020
Digital innovation could be the answer to tackling product-choice confusion and reducing red tape in the financial advice sector, according to an academic. Pamela Hanrahan, a lawyer and professor at University to New South Wales Business School, told ...

IOOF names licensee chiefs, acquires platform

JAMIE WILLIAMSON  |  WEDNESDAY, 2 SEP 2020
... licensees. Marking its second acquisition this week, IOOF also announced the purchase of Wealth Central, a proprietary financial advice and client engagement platform. "The next-generation digital tool significantly enhances client and adviser experience ...

ANZ advisers launch advice boutique

KANIKA SOOD  |  WEDNESDAY, 2 SEP 2020
... founded by Evguenia Rutkowski, Jonathan Scukovic, Jason Bell and Peter Feddersen - all of whom worked for ANZ's financial advice business until recently. The firm is currently working with about 89 new clients. It is offering broad-ranging advice to ...

ASIC names operations, risk leads

KARREN VERGARA  |  MONDAY, 31 AUG 2020
... temporarily disrupted; particularly work that pertains to the banking Royal Commission recommendations. In the financial advice sector, ASIC will continue to identify unlicensed advice and take "swift action," against misconduct. "A new ASIC-wide working ...

COVID-19 propels advisers, incumbents into the future

ALLY SELBY  |  MONDAY, 31 AUG 2020
... conducted research over a six-month period with global industry experts, to explore opportunities for transforming financial advice in the future. The company's founder and chief executive Moshe Tamir said the global economic fallout from the COVID-19 ...

IOOF posts profit, restructures business

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
... run-rate basis as a result of these changes. In addition, IOOF reported an underlying NPAT of $48.4 million for its financial advice business and $58.1 million from its portfolio and estate administration business. Additionally, it posted UNPAT of $37.7 ...

IOOF buys MLC Wealth for $1.4bn

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
... advisory and wealth management services to all Australians." IOOF will acquire 100% of MLC Wealth comprising its financial advice, platforms and asset management business for $1.44 billion. The acquisition will be funded by a $1 billion fully underwritten ...