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Showing 131 - 140 of 248 results for "Statement of Advice"

Padua founder takes on new role

ALEX BURKE  |  WEDNESDAY, 22 FEB 2017
... traditionally been generated in Australia. Research shows it takes financial advisers almost seven hours to produce a statement of advice." "Advisers who work with Padua are able to produce a high-quality SOA in less than 30 minutes. Advisers use our ...

FPA expels and fines dishonest member

EMMA RAPAPORT  |  WEDNESDAY, 15 FEB 2017
... that was submitted for a client that falsely failed to disclose medical conditions; a recommendation in a Statement of Advice that the client transfer her insurance, without disclosure of medical history; and sending an email that improperly disclosed ...

FPA expels cheating member

EMMA RAPAPORT  |  THURSDAY, 19 JAN 2017
... that was submitted for a client that falsely failed to disclose medical conditions; A recommendation in a Statement of Advice that the client transfer her insurance, without disclosure of medical history; and Sending an email that improperly disclosed ...

Advice firm creates aged care subsidiary

JAMIE WILLIAMSON  |  FRIDAY, 13 JAN 2017
... service, as offered by Trusted Aged Care Services, comprises aged care assessment testing, a strategy paper, a Statement of Advice, assistance in finding suitable aged care facilities, negotiation of daily accommodation payments and assistance with relevant ...

Former Westpac planner banned

JAMIE WILLIAMSON  |  TUESDAY, 29 NOV 2016
... for eight years. He provided inappropriate advice to clients and failed to provide one client with a written statement of advice while employed by Westpac Financial Consultants. The regulator found that Bishop implemented an advice strategy that did ...

Advisers urged to meet challenges together

DARREN SNYDER  |  THURSDAY, 6 OCT 2016
... cover. Sums insured were not big and you were paid a commission for the work you did," Kent said. "There was no statement of advice. There was no internet or online options. Products were simple. Conferences were about selling and how to be better at ...

Client needs to drive transitioning businesses

JAMIE WILLIAMSON  |  TUESDAY, 4 OCT 2016
... be personal advice and that all annual reviews must be accompanied by a record of advice and may require a statement of advice. Compliant with the update, when recommending MDA's, acting in the best interests of the client is now a separate and additional ...

Fears of increased compliance costs misguided

JAMIE WILLIAMSON  |  THURSDAY, 8 SEP 2016
... customers they want to help." "When it comes to compliance requirements, there's a lot more involved than bolting statement of advice generation on to an online calculator. If compliance is not already baked into the system, there's likely to be up to ...

GPS Wealth launches advice solution

KERRIE SYDEE  |  MONDAY, 5 SEP 2016
... recycling calculator, investment property calculator, gap analysis tool and cloud based version of GPS Wealth's statement of advice (SoA) tool. GPS Wealth general manager, practice development and coaching, Paul Pavlic said: "We came up with the concept ...

Good financial advice a challenge: ASIC

KERRIE SYDEE  |  FRIDAY, 2 SEP 2016
... financial advice firms Conflicted advice at the big five financial advice firms Fee-for-no-service Life Insurance statement of advice Quality of financial advice