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Showing 141 - 150 of 248 results for "Statement of Advice"

ASIC bans former Macquarie advisers

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2016
... options but failed to adequately determine whether this advice was appropriate for these clients or provide a Statement of Advice prior. ASIC claimed that Sourris developed an informal business partnership with colleague Gardner in which Sourris administered ...

Equip readies full robo advice roll-out

MARK SMITH  |  WEDNESDAY, 3 AUG 2016
... Equip MyMoney was that it will allow members to pass an investment switch instruction to the fund based on the Statement of Advice (SOA) created by the robo advisor. In addition to recommending an appropriate investment choice, Equip MyMoney also will ...

Former Calastone MD launches fintech solution

KERRIE SYDEE  |  THURSDAY, 28 JUL 2016
... discretionary accounts (MDAs), a complete solution for managed accounts and direct portfolios delivered under the Statement of Advice model and software for external MDA operators looking to improve efficiency. MA Operator is designed to lower costs ...

OwnersAdvisory awarded fintech prize

KERRIE SYDEE  |  MONDAY, 27 JUN 2016
... Members can also request custom advice to confirm or rebalance a portfolio on demand for an additional fee per statement of advice. Macquarie Wealth Management chief investment officer and founder of OwnersAdvisory, John O'Connell said he is delighted ...

AAT reduces adviser ban

KERRIE SYDEE  |  MONDAY, 20 JUN 2016
... financial service." In particular Prasad has failed to: maintain adequate records of his advice, provide a statement of advice (SOA) within the required timeframe, provide a SOA that adequately set out information about the basis on which the advice ...

MyPlanner streamlines back-office for 175 advisers

ALEX BURKE  |  WEDNESDAY, 15 JUN 2016
... Following a pilot program, the new system has been rolled out to the entire MyPlanner network: it provides statement of advice templates, document production, strategy implementation, fact-finds and data entry and "traditional administrative services" ...

Adviser Network launches SMSFit

KERRIE SYDEE  |  FRIDAY, 27 MAY 2016
... understanding of performance benchmarking and relevant regulatory issues. SMSFit then generates a limited Statement of Advice (SOA) that reflects the client's attitude related to the appropriateness of self-managed super. Adviser Network chief executive ...

Fortnum debuts integrated advice platform

KERRIE SYDEE  |  TUESDAY, 12 APR 2016
... to know them in order to determine the advice they require," said Cates. The platform includes a revamped statement of advice template, while Xplan has been configured to include a working document function to allow advisers to store and retrieve detailed ...

Parliament repeals key FoFA amendments

LAURA MILLAN  |  TUESDAY, 24 NOV 2015
... are not currently implemented because they were disallowed in November 2014. These include changes to the Statement of Advice (SoA) requirements; the repeal of the requirement that licensees send fee disclosure statements to pre-1 July 2013 clients ...

GFC drove advisers to managed accounts

ALEX BURKE  |  THURSDAY, 8 OCT 2015
... volatility. "We had a house view before the GFC that we needed to determine at what stage you had to write up a full statement of advice. We knew the market was heating up but it's difficult to act on that under the old model," he explained. After the ...