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Showing 151 - 160 of 354 results for "Advice practices"

Wage subsidy needed for new entrants: AFA

JAMIE WILLIAMSON  |  THURSDAY, 4 FEB 2021
The Association of Financial Advisers has called on the government to provide a wage subsidy to financial advice practices to encourage employment of new entrants needing to complete their professional year. In its pre-Budget submission, the AFA has ...

Count Financial targets growth with new hire

ANNABELLE DICKSON  |  WEDNESDAY, 25 NOV 2020
... was head of financial planning for Victoria and Tasmania at AMP and was responsible for the performance of 180 advice practices. Count Financial chief advice officer Andrew Kennedy said Carlton's industry knowledge will be key as it targets advice firms ...

Cost of advice soars as red tape grows

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... said. The FPA said the regulation of financial advice has become increasingly complex and costly, leading to many advice practices struggling to remain commercially viable. "The cost of operating a financial planning practice is significant," De Gori ...

Financial advice firms facing failure: Dynamic Asset Consulting

ELIZA BAVIN  |  MONDAY, 28 SEP 2020
... of." DAC managing director Matthew Walker said it has become increasingly clear in recent months that financial advice practices require a different way of managing client portfolios to generate absolute returns in the new economic environment. "Tracking ...

New managed portfolio on MyNorth

ELIZA BAVIN  |  MONDAY, 14 SEP 2020
... range following the launch of portfolios with advice practice, the Weinberg Private Group and other independent advice practices in 2019.

Clients value advice during pandemic

KARREN VERGARA  |  TUESDAY, 25 AUG 2020
... for the majority (67%), and providing affordable advice, which almost half of advisers struggle with (46%). The advice practices that were able to rise above these challenges and stay afloat in terms net profit, and client and profitability growth were ...

Roar Software bolsters team, partners with Milliman

ALLY SELBY  |  TUESDAY, 25 AUG 2020
... dynamic shifts in the financial services industry". "The industry needs a fresh approach to technology where advice practices have real choice and freedom to partner with service providers they choose in an integrated environment," he said. Previously ...

Iress posts mixed half year results

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
... in independent licensees and the demand in response to advice, compliance and data needs. Iress reported 400 advice practices migrated to its advice software offering Xplan in 2020. In addition, the company saw a strong demand for its superannuation ...

CBA ups remediation bill for advice

ELIZA BAVIN  |  THURSDAY, 30 JUL 2020
... financial year ended 30 June 2020." The additional costs have brought the banks total remediation bill across its advice practices to $834 million, including $698 million in customer refunds and $136 million in program costs. The bank said the updated ...

IOOF increases FUMA, lifts remediation costs

ANNABELLE DICKSON  |  THURSDAY, 30 JUL 2020
... that recorded outflows of $853 million. The recorded outflows for the quarter are a result of off-boarding two advice practices from ex-ANZ advice licensees, resulting in $155 million in outflows. In addition, there were 12 sub-scale single adviser practices ...