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Showing 1511 - 1520 of 4389 results for "financial Advice"

VicSuper disputes fee hike claim

HARRISON WORLEY  |  WEDNESDAY, 10 JUN 2020
The $23 billion industry superannuation fund has responded to a claim its members will face increased financial advice fees upon its mega-fund merger with First State Super. Following reports in the Australian Financial Review that internal documents ...

ASIC mainly concerned with media releases: Lawyer

ELIZABETH MCARTHUR  |  TUESDAY, 9 JUN 2020
... came out of the Royal Commission worse for wear and he has observed the regulator "flexing their muscles" on the financial advice industry. "I've observed several instances of ASIC conducting its functions outside its powers, and/or without proper process," ...

Dealer groups slam FPA policy

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
... management focus of the AFSL provides an efficient way to deal with the in-built cost of providing compliant financial advice." The dealer group leaders said the AFSL system has a crucial role to play in the oversight of financial advice, which cannot ...

Taper rates need revamp

KANIKA SOOD  |  THURSDAY, 4 JUN 2020
... rate, longevity protection products (especially deferred lifetime annuity style products) and low-cost access to financial advice and information. This is according to Rice Warner chief executive and Actuaries Institute Public Policy Council Committee ...

Calls for overhaul of AFSL system

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 JUN 2020
... the AFSL system on the regulation of financial products, rather than requiring AFSLs to cover the provision of financial advice. "While the AFSL system plays an important role in regulating financial products and services, recent reforms have focused ...

Advice job market not all doom and gloom

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
There are some bright spots in the market for financial advice jobs, according to Kaizen Recruitment, despite over 1000 advisers leaving the industry since the start of 2020 and only about 50 joining. "The implementation of restructures and exits announced ...

FASEA boycott sparks in-fighting

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
Suggestions from one financial advice association that advisers should boycott the FASEA exam has led to a call for associations to merge in order to better represent the industry. The United Financial Advisers Association (UFAA) has called on its 6000-strong ...

Advice group acquires software business

ALLY SELBY  |  TUESDAY, 2 JUN 2020
... Enzumo share a culture that is focused on providing the services and support that licensed and self-licensed financial advice firms need to provide great advice to their clients," he said. "These complementary services will give the Enzumo business increased ...

UniSuper stares down job crisis

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
... strategies and offering support through a number of channels including," the fund said. That support includes the financial advice team at the fund providing specific support related to redundancies. However, the fund has not seen an unexpected boost ...

MLC Wealth appoints chair

ELIZA BAVIN  |  TUESDAY, 2 JUN 2020
... management and financial services including superannuation, asset management, retail and private banking and financial advice businesses." Chronican added that MLC is progressing well in its plans to restructure the business as a standalone entity. Coombe ...