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Showing 1521 - 1530 of 9816 results for "Advisers"

Adviser pay, incentives disparity revealed

KARREN VERGARA  |  FRIDAY, 17 FEB 2023
Experienced financial advisers working across major cities are earning as much as $150,000 per year, significantly more than their counterparts in smaller and regional hubs. According to consulting firm Business Health, which canvassed nearly 100 advice ...

AMP profits, declares first dividend since 2019

JAMIE WILLIAMSON  |  THURSDAY, 16 FEB 2023
... divestment of majority-owned practices ($39m). The North platform saw a 31% increase in inflows from independent financial advisers and its assets under management remained steady at $61.3 billion. Overall, AMP's platforms house $65.5 billion in assets. ...

Netwealth reports significant growth

ANDREW MCKEAN  |  WEDNESDAY, 15 FEB 2023
... enhancements, including a client account notification and task-tracking tool. The upgrade and release of "Activities" will allow advisers and clients to track and respond to tasks, such as corporate actions and account notifications, like minimum cash ...

Super, advice class actions dampen CBA results

KARREN VERGARA  |  WEDNESDAY, 15 FEB 2023
... and acted unconscionably because it failed to take steps to avoid the payment of grandfathered commissions to financial advisers. CBA will face mediation around the second quarter of 2023 and a trial is set to commence on 7 August 2023. In January 2020 ...

Mason Stevens welcomes former Iress chief

CASSANDRA BALDINI  |  TUESDAY, 14 FEB 2023
... administration, by providing its high performing and innovative platform with investment support and service to financial advisers and their end clients," he said. "I look forward to bringing my leadership experience across technology and financial services ...

ASIC permanently bans former advisers

CHLOE WALKER  |  TUESDAY, 14 FEB 2023
... Sweeney filed an application at the AAT seeking a review of ASIC's decision. This decision is currently pending. "Financial advisers must act with honesty and integrity in their dealings with clients," ASIC said. "ASIC may ban a financial adviser if ...

Fiducian expands adviser base, increases FUA

KARREN VERGARA  |  MONDAY, 13 FEB 2023
Fiducian saw the number of its financial advisers grow from 66 to 84 representatives in the second half of 2022 and flagged that another five franchises are in the process of joining the fold. Releasing its half-year report on the ASX this morning ...

Koda Capital welcomes chief client officer

CASSANDRA BALDINI  |  FRIDAY, 10 FEB 2023
... regarded as the leader of high-net-worth advice in Australia. "I'm looking forward to working with Koda's ISG, advisers and broader team to continue delivering outstanding client experiences," she said. Koda said it currently has close to 50 ...

Put controls in place for super funds: Associations

CASSANDRA BALDINI  |  THURSDAY, 9 FEB 2023
Superannuation funds could soon break free from the shackles of intra-fund advice but financial advisers aren't happy about it. The Quality of Advice Review proposal (QAR) sitting before Treasury would give super funds the green light to provide ...

"A lawyer's picnic": QAR report slammed

JAMIE WILLIAMSON  |  THURSDAY, 9 FEB 2023
... CHOICE's Alan Kirkland said the report is a recipe for another Royal Commission, adding that the new best interests duty for advisers and Good Advice Duty for institutions will be a "lawyer's picnic". "The biggest scandals in financial advice have involved ...