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Showing 131 - 140 of 208 results for "Statements of Advice"

FoFA disallowance vote will save "millions"

ALICE URIBE  |  TUESDAY, 15 JUL 2014
... the regulator ASIC that it isn't an effective tool to improve the quality of advice. Specifically, enhanced statements of advice are not required for general advice - so there will be no disclosure of conflicted payments associated with products sold ...

Planners in urgent need of better tech: research

LAURA MILLAN  |  TUESDAY, 15 JUL 2014
... Investment Trends report found. Planners could benefit from better technology across the board, from generating Statements of Advice (SoA) to marketing and business intelligence, the planner Investment Trends technology report from May 2014 found. When ...

Tarrant appeals AAT banning order

LAURA MILLAN  |  FRIDAY, 24 JAN 2014
... hearings in my absence," Tarrant added. The AAT found the breaches by Tarrant included failing to disclose in statements of advice the receipt of a marketing allowance from former Astarra director Shawn Richard for investing clients' monies in the Astarra ...

Bankrupt adviser gets nine month ban

STAFF WRITER  |  TUESDAY, 3 DEC 2013
... McCreath was an authorised representative of Australian Life Insurance Distribution Pty Ltd and provided statements of advice. He has the right to lodge an appeal with the Administrative Appeals Tribunal for a review of ASIC's decision. Under section ...

70 pct retirees see advisers

LAURA MILLAN  |  TUESDAY, 15 OCT 2013
Clients prefer face to face interaction, like long statements of advice, want to receive financial advice and are willing to trust their advisers. The above is not a snapshot of the Aussie market in the 60s, but a portrait of how pre-retirees think ...

Advisers to justify platform choice under best interest

LAURA MILLAN  |  FRIDAY, 6 SEP 2013
... Claire Wivell Plater said that as a consequence advisers will need to include additional information in their statements of advice when they recommend a platform. The information should include why investments through the recommended platform will benefit ...

Plum launches free advice service

LAURA MILLAN  |  WEDNESDAY, 31 JUL 2013
... Director Lara Bourguignon said. Bourguignon revealed that in the first two months more than 2,400 self-service statements of advice were generated for members. Plum is a corporate superannuation provider of National Australia Bank's wealth division. ...

How advisers can double their business value

MARK SMITH  |  WEDNESDAY, 6 FEB 2013
... constructed at a time when retail platform margins were significantly higher and disclosure requirements in Statements of Advice were less clear about the potential conflicts these arrangements propose for planners and their licensees. Furthermore, adds ...

Bravura and Rice Warner launch new super tool

MARK SMITH  |  THURSDAY, 31 JAN 2013
... Roland Slee, Bravura's managing director, APAC. With this joint service, funds have the ability to generate statements of advice for transactions without the need for advisor intervention. Rice Warner says this type of service increases the engagement ...

ASIC lines up Macquarie Private

MELANIE TIMBRELL  |  THURSDAY, 6 SEP 2012
... undertaking with ASIC last year following a failure in process that saw a cohort of retail clients fail to receive statements of advice. CBA has also recently entered into an enforceable undertaking relating to lack of oversight in conjunction with breaches ...