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Showing 1611 - 1620 of 6079 results for "Commission"

Perth adviser to face court

KANIKA SOOD  |  THURSDAY, 5 SEP 2019
... the incident, Platinum Perpetual Global Private Wealth Pty Ltd has asked the Australian Securities and Investments Commission for its AFSL to be cancelled.

Intra-fund advice must improve: Rice Warner

HARRISON WORLEY  |  WEDNESDAY, 4 SEP 2019
... matters are becoming more complex. With advisers leaving the planning sector after the fallout from the Hayne Royal Commission and legislative reformsand research showing demand for advice is on the rise, Rice Warner is predicting hikes in the cost of ...

Advice firm defrauds retired NFL players

JAMIE WILLIAMSON  |  TUESDAY, 3 SEP 2019
... Tallahassee-based Cambridge Capital Group Advisors and its two former principals have been charged by the Securities and Exchange Commission with defrauding investors, most of which were retired NFL players. The firm and its then-principals Philip Timothy ...

Life insurance leaders fear for industry

ELIZABETH MCARTHUR  |  FRIDAY, 30 AUG 2019
Some of the biggest names in Australia's life insurance sector have shared their biggest concerns for the future of the industry. Appearing on a panel at the 2019 Association of Financial Advisers National Conference, Zurich chief distribution officer ...

YBR to remediate wealth clients

KARREN VERGARA  |  FRIDAY, 30 AUG 2019
... funds under management did not meet management's expectations. Ongoing negative sentiment surrounding the Royal Commission into the Banking, Superannuation and Financial Services Industry created significant uncertainty which had adversely affected ...

Risk commissions must be retained: MetLife

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2019
... date, the discussion around fees and commissions has been too binary, Lippiatt said. "It's either fee for advice or commission for advice. In our view, we actually think that it's appropriate and it's actually a good idea to have both models ...

Business savvy needed ahead of FASEA deadline

ELIZABETH MCARTHUR  |  THURSDAY, 29 AUG 2019
... succession planning and the state of the industry. Reflecting on the last 12 months, Tynan told advisers: "We had a Royal Commission that was nothing about advice but you are dealing with the consequences." He was particularly critical of the Royal Commission's ...

Members shift to industry super funds

KARREN VERGARA  |  THURSDAY, 29 AUG 2019
... APRA figures paint a telling picture of a booming industry super fund sector nearly one year after the Hayne Royal Commission. Retail fund assets were flat at $625.7 billion in the year to June 2019. Industry funds on the other hand grew by 13.8% year ...

CFS slashes trail commissions on some funds

KANIKA SOOD  |  THURSDAY, 29 AUG 2019
... commissions on a small slice of its funds, in a move that will affect about 400 advisers. The maximum rate of adviser trail commission is reducing from 0.8% per annum to 0.4% per annum (excluding GST) for Colonial First State's nil-entry-fee (NEF) ...

REP 515 divides advice community

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
... ethics. Anderson was critical of the inability of regulators to consider unintended consequences. He pointed to the Royal Commission terms of reference which specifically directed legislators to consider how changes to legislation might impact the cost ...