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Showing 1561 - 1570 of 4746 results for "Financial advisers"

New 'cash plus' style sovereign bond fund

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
... Sydney multi-boutique Channel Capital. The new fund is currently awaiting ratings but has been raising money via financial advisers with a past relationship with the boutique through its other strategies.

Front loaded discounts lead to worse outcomes

ANNABELLE DICKSON  |  TUESDAY, 18 AUG 2020
... clients with lower premiums in the first year but have higher premiums from the third year onwards, leading to financial advisers copping the brunt of lapses. PPS Mutual chief executive Michael Pillemer said that a customer of an insurer who was offered ...

Fiducian posts $10.5m in FY20 profits

KANIKA SOOD  |  MONDAY, 17 AUG 2020
... administration, it wants to distribute managed accounts capabilities, offer badged solutions to independent financial advisers and build on SMSF administration. It is also looking to commercialise financial planning software and add new system functionality ...

Alex Wade leaves AMP

JAMIE WILLIAMSON  |  THURSDAY, 6 AUG 2020
... chief executive. His resignation comes as AMP battles numerous class actions, one filed on behalf of its own financial advisers who have seen the value of their businesses decimated by the group's decision to no longer honour their Buyer of Last ...

Chi-X TraCRs added to specialist platform

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
Chi-X TraCRs and funds will now be offered on a privately owned wealth management platform, granting financial advisers and their clients access to some of the world's biggest listed companies. All 35 Chi-X TraCRs and all quoted Chi-X Funds are ...

Adviser salaries unchanged: Research

ELIZABETH MCARTHUR  |  TUESDAY, 4 AUG 2020
The latest insights from Kaizen Recruitment show the benchmark salaries for financial advisers and paraplanners remain as they were in early 2019. The recruitment firm found that senior financial advisers with more than 10 years of experience can expect ...

Lazard dumps AMP shares

ELIZABETH MCARTHUR  |  TUESDAY, 4 AUG 2020
... COVID-19. One of those class actions is being brought by Shine Lawyers over insurance sold by AMP's aligned financial advisers. AMP Financial Planning advisers also filed their own class action against the company last week over its decision to slash ...

Regulatory, legal exam questions trip up advisers

ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
FASEA has revealed the areas that financial advisers struggle with in the exam - with regulatory and legal questions presenting a challenge. In the June FASEA exam results for the first time the authority has provided some feedback from the exam data ...

Netwealth hits fund managers with new fee

KANIKA SOOD  |  FRIDAY, 31 JUL 2020
... costs of administering them have gone up. The platform business allows fund managers to offer fee discounts to financial advisers, licensees or managed accounts providers, which are processed as fee rebates. So far, Netwealth did not charge fund managers ...

AMP, BT and CBA to face class action

ELIZABETH MCARTHUR  |  FRIDAY, 31 JUL 2020
... Shine Lawyers alleges that more than half a million Australians were charged excessive insurance premiums by financial advisers aligned with AMP, BT and Commonwealth Bank. Proceedings have already been filed against AMP, which AMP says it will defend. ...