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Showing 1611 - 1620 of 4389 results for "financial Advice"

Advice complaints low: AFCA

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
... the SMSF Association conference, the Australian Financial Complaints Authority has revealed complaints about financial advice are minimal. Addressing the conference, Ian Donald and Shail Singh, both ombudsmen at AFCA, said investments complaints only ...

Focus to acquire stake in MEDIQ

KANIKA SOOD  |  WEDNESDAY, 19 FEB 2020
... Agarwal's MEDIQ Financial Services which specialises in accounting, investment, insurance, tax and legal and financial advice for medical professionals and their families. It has about 310 clients across Australia and a Melbourne-based team of 35 ...

Value disconnect damages adviser relationships

ALLY SELBY  |  WEDNESDAY, 19 FEB 2020
... it seems that their adviser isn't meeting their expectations." The Value of Advice report argues the role of financial advice has changed. "While an adviser's worth used to be simply based on the adviser's ability to beat a benchmark, it's now understood ...

What SMSFs will look like in 2030

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
... put Australians and SMSFs in the right position for the future," he said. "Not enough Australians are getting financial advice. There are 10.4 million Australians who tell us they have a financial advice need that is not met." He cited Investment Trends ...

IOOF profits fall 39%, advice margins drop

KANIKA SOOD  |  TUESDAY, 18 FEB 2020
... advice fell to $26.4 million, from $27.7 million in previous hall and $30.5 million in first half of FY19. The financial advice business' gross margins were 5bps lower over first half of FY19 (0.36% to 0.31%). IOOF attributed the compression in advice ...

Partnership sees improved advice services

ELIZA BAVIN  |  MONDAY, 17 FEB 2020
Members of a $13 billion superannuation fund are benefitting from expanded financial advice capabilities via a partnership with Link Advice. LGIAsuper partnered with Link Advice in October 2019 and has now expanded its telephone service for providing ...

FSC calls for CSLR claims cap

ALLY SELBY  |  FRIDAY, 14 FEB 2020
... CSLR compensation is targeted at areas where unpaid determinations have historically arisen. It names these as financial advice, investments and credit. Following the Royal Commission, the government committed to establishing the CSLR so as to ensure ...

AIA income protection premiums jump

ELIZABETH MCARTHUR  |  FRIDAY, 14 FEB 2020
... from 2019 to 2020. The customer in question went from paying $4309 on a policy in 2018 to $7281 in 2020. Mercer Financial Advice advised on the policy. Stepped premiums which increase with age was a compounding factor for this customer but AIA confirmed ...

Advisers choose remediation over advice

ELIZABETH MCARTHUR  |  FRIDAY, 14 FEB 2020
A recruiter has revealed advertisements for jobs in financial advice are only attracting between two and eight applications, while advice remediation jobs can see up to 300 applicants. Christopher Gordon is director at Profusion Group, a recruiter that ...

Former Macquarie adviser cops lifetime ban

ALLY SELBY  |  THURSDAY, 13 FEB 2020
... corporate regulator's wealth management project, which aims to lift standards among Australia's major financial advice providers. The project focuses on the conduct of large firms such as NAB, Westpac, CBA, ANZ and AMP.