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Showing 1481 - 1490 of 4389 results for "financial Advice"

AMP advisers low priority for ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JUL 2020
... issue for you to investigate, Mr Shipton?" Shipton replied that ASIC holds concerns about the accessibility of financial advice more broadly. "We have written to Senator O'Neill to discuss the changes to our Buyer of Last Resort policy, which we announced ...

AustralianSuper PYS fee under scrutiny again

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JUL 2020
... funds to pay a fine imposed by ASIC. In May last year, Hostplus was fined $12,600 for claims about independent financial advice that ASIC said were misleading. Press said Hostplus disclosed the matter in an annual statement to all members, to which Bragg ...

Australians without advice struggle in pandemic: Research

ALLY SELBY  |  FRIDAY, 10 JUL 2020
... (33.6%) of those currently advised said their mental health suffered as a result of the pandemic. The impact of financial advice on Australian's long-term goals was also positive, with 72.1% saying they feel reasonably or very prepared for retirement. ...

APRA funds can learn from SMSFs: Rice Warner

ELIZA BAVIN  |  FRIDAY, 10 JUL 2020
... small size, these funds have advantages in three key areas; administration including fund and tax structure, financial advice and investments. "The key advantage of SMSFs is that they pool family superannuation - more than 85% of these funds have been ...

ATO can make cost of advice cheaper: Asher

KANIKA SOOD  |  THURSDAY, 9 JUL 2020
In a new paper from Actuaries Institute, Anthony Asher argues financial advice can be made cheaper if the Australian Taxation Office (ATO) provides some of the data necessary for good advice. Asher added that retirement incomes could rise by 15% to ...

New partner at Stanford Brown

ALLY SELBY  |  THURSDAY, 9 JUL 2020
... "Todd specialises in working with senior executives and professionals, and brings a wealth of experience in both financial advice and accounting to our clients. "In addition to his detailed knowledge of superannuation and tax law, he has built some extremely ...

Generation gap opens up in financial advice

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JUL 2020
There is a gaping void between what consumers once wanted from financial advice and what they want now and it's being accelerated by COVID-19, according to research from KPMG. KPMG surveyed more than 1500 consumers in May to ask them about their experiences ...

Sequoia acquires advice firm

ALLY SELBY  |  WEDNESDAY, 8 JUL 2020
Sequoia Financial Group has entered into a purchase of assets agreement with financial advice firm Total Cover Australia, through the company's subsidiary InterPrac Securities. It is the fourth acquisition of a retiring InterPrac adviser's portfolio ...

Advice head leaves ANZ

ELIZABETH MCARTHUR  |  MONDAY, 6 JUL 2020
... lifelong friendships along the way." In March 2020 ANZ told staff it would cut 230 jobs from its private bank and financial advice businesses. Caulfield thanked everyone he had worked with and said he looked forward to the next chapter in his career. ...

Model portfolio growth up 70%

ELIZA BAVIN  |  MONDAY, 6 JUL 2020
... platforms revealed there are 1003 discrete model portfolios offered by 193 investment managers, research houses and financial advice groups. These models are available across four managed accounts and, on average, create 4129 points of presence in the ...