Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1711 - 1720 of 4746 results for "Financial advisers"

MLC changes super fees, adds menu

KANIKA SOOD  |  WEDNESDAY, 11 MAR 2020
... and Personal Super default members were left idling in products with higher fees and paying commissions to financial advisers that would have been banned if they were in a MySuper product, Financial Standard reported in January.

Lack of independence must be made clear: ASIC

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
Financial advisers will need to provide every retail client a written statement explaining "simply and concisely" why they are not independent, impartial and unbiased; if ASIC's draft recommendations for advice fees are adopted. The purpose, ASIC said ...

Praemium rolls out investment tools, options

HARRISON WORLEY  |  TUESDAY, 10 MAR 2020
With ESG investing continuing to prove popular among investors, Praemium is taking steps to ensure financial advisers are able to meet demand. The platform has rolled out an "industry first" suite of ESG options, including new screening functionality ...

Banned advisers still working in advice: FPA

ELIZABETH MCARTHUR  |  MONDAY, 9 MAR 2020
The Financial Planning Association of Australia has revealed it is aware of banned financial advisers still working in the advice industry. As part of the government's proposed legislation to implement the recommendations from the Royal Commission ...

Boutique dealer groups merge

ELIZABETH MCARTHUR  |  FRIDAY, 6 MAR 2020
Spark Financial Group and Aura Wealth Australia have agreed to merge, in a move impacting 80 financial advisers. Aura executive director Andrew Coloretti told Financial Standard that the merger was driven by a desire from both groups to achieve economies ...

Desktop Broker hires senior sales exec

ELIZABETH MCARTHUR  |  THURSDAY, 5 MAR 2020
... business development manager at Powerwrap. Desktop Broker is powered by Bell Direct. "In the current market, financial advisers continue to explore ways to grow their business and improve efficiencies. In the last year, we have seen the number of financial ...

WealthO2 appoints national BDM

ALLY SELBY  |  WEDNESDAY, 4 MAR 2020
... unprecedented structural changes within the advice industry. "In each year for the past two years, some 25% of financial advisers have either left the industry or changed licensee," she said. "During this time, WealthO2's growth has been in the most ...

Advice groups criticise rushed legislation

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
... Commission has been met with concern and criticism from financial advice industry groups. Both the Association of Financial Advisers and The Advisers Association have lashed out at Treasury, with the former saying the reforms will make financial advice ...

HUB24 hires managed portfolios lead

HARRISON WORLEY  |  TUESDAY, 3 MAR 2020
... simplification, efficiency and compliance, while retaining the "core values and benefits" of financial advice. "Financial advisers continue to face a raft of challenges, as the industry undergoes both a structural and regulatory adjustment," Matterson ...

Challenger recruits Generation Life co-chiefs

KANIKA SOOD  |  FRIDAY, 28 FEB 2020
... transformation, Financial Standard understands. The role will focus on growing Challenger's annuities products among financial advisers. The duo will report to Angela Murphy, Challenger's chief executive of distribution, product and marketing ...