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Showing 131 - 140 of 189 results for "Advice Review"

ASIC not recommending general advice change

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAY 2021
... their superannuation. The research findings have been handed on to the government to consider in its Quality of Advice review. Story updated at 12.13pm.

Government merges advice reviews

KARREN VERGARA  |  WEDNESDAY, 21 APR 2021
The federal government will fold the 2022 Life Insurance Framework Review into the Quality of Advice Review, taking over the responsibilities from ASIC. The Quality of Advice Review will consider the LIF Review as part of its wider mandate, Minister ...

Wealth manager appoints new head of advice

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
... than ever and, as a licensee that is growing, we will continue to build our resources and expertise." Most recently advice review operations manager at Westpac, Howell previously spent more than three years at the bank's wealth management arm, BT ...

Non-compliant personal advice rife at super funds: ASIC

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2019
Just 49% of the files looked at by ASIC as part of its review of financial advice provided by super funds were found to be compliant with best interests duty. Reviewing the personal advice provided by 21 super funds, ASIC's Report 639: Financial ...

IOOF advice remediation hits $235m

KARREN VERGARA  |  MONDAY, 26 AUG 2019
... ($168.8m) and IOOF representatives ($223.2m). About $12.1 million of product remediation has been paid out. The external advice review found incidences of fees for no service, inadequate documentation and inappropriate advice. IOOF said it used a sample ...

ASIC reveals advice remediation progress

HARRISON WORLEY  |  THURSDAY, 1 AUG 2019
... full-time staff were working away at financial advice remediation relating to ASIC report 515, separate to any other advice review and remediation programs underway at the big banks. Weighing in with the largest advice remediation bill, NAB currently ...

Former Gold Coast adviser banned

HARRISON WORLEY  |  MONDAY, 3 JUN 2019
ASIC banned a former authorised representative of the now-defunct Austplan after clients were found to have been placed in a vulnerable financial position as a result of his advice. Gold Coast financial adviser Daniel Renneberg is banned from providing ...

TelstraSuper names chief risk officer

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2019
... First State for nearly two years. She also held senior roles at CBA as executive manager of risk and compliance, and advice review. Her superannuation and wealth management experience includes working in organisations such as UniSuper, MLC and AMP. Risk ...

ANZ culls sales incentives for planners

KANIKA SOOD  |  MONDAY, 7 MAY 2018
... provisioning in 1H18 and lower new business volumes in ANZ Financial Planning. The bank is also offering a no-cost advice review to all its financial planning customers who "may have concerns about their current financial position", it announced toda ...

CBA advice failures unacceptable: Comyn

DARREN SNYDER  |  FRIDAY, 13 APR 2018
Commonwealth Bank chief executive Matt Comyn apologised for the group's financial advice failures as two CBA planning subsidiaries entered an enforceable undertaking with ASIC - all before the financial services Royal Commission tackles advice on Monday. ...