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Showing 1711 - 1720 of 4389 results for "financial Advice"

IOOF struck by outflows, former chair resigns

ELIZA BAVIN  |  FRIDAY, 25 OCT 2019
IOOF has reported $133 million in quarterly net outflows from its financial advice and investment management businesses for the 3 months to 30 September. The Financial Advice division had $33 million of net inflows compared to $119 million of net inflows ...

Whistleblower calls out approved product lies

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
... effectively mitigated the risk of competition and evolution. "If the nature, purpose and intent of the Future of Financial Advice reforms and the Royal Commission's recommendations are to improve advice quality, address conflicts of interest and ...

AustralianSuper checks out robo advisers

KANIKA SOOD  |  MONDAY, 21 OCT 2019
The $170 billion super fund is looking at robo advisers as a potential solution for providing financial advice to its members but says it's early days. "We are looking at it but we haven't got any plans for any imminent introduction," AustralianSuper ...

FS Power50 highlights most influential advisers in 2019

ELIZABETH MCARTHUR  |  MONDAY, 21 OCT 2019
... Financial Standard editorial team. The 2019 Power50 focussed on those who are instrumental in shaping the future of financial advice in Australia and who are genuinely influential. There is a wealth of experience represented in this list - of the Power50 ...

FASEA clears up code of ethics

ELIZA BAVIN  |  MONDAY, 21 OCT 2019
... standards and has been designed to "encourage and embed higher standards of behavior and professionalism in the financial advice industry." The five values include trustworthiness, competence, honestly, fairness and diligence, which FASEA said are paramount ...

Colonial First State hit with second class action in less than a week

ELIZA BAVIN  |  MONDAY, 21 OCT 2019
... advisers for new members because it was clear they were not in members' best interests, through its Future of Financial Advice reforms. "Ever since, CFS continued to pay commissions with respect to existing members under what became known as the ...

ASIC nudges robo-adviser to shutter

ELIZABETH MCARTHUR  |  FRIDAY, 18 OCT 2019
... representatives Plenty Wealth, Plenty Plus and Lime Wealth as digital advice providers authorised to provide financial advice to consumers. Plenty Wealth was an online tool with a focus on budgeting, life insurance reviews, tax and investment and superannuation ...

Dealer group awards investment mandate

KANIKA SOOD  |  THURSDAY, 17 OCT 2019
Marty Switzer's Contango Asset Management has won a mandate from a financial advice dealer group. Lifespan Financial Planning made a $20 million inaugural allocation to a global large cap strategy managed by WCM Investment Management. WCM is headquartered ...

Count Financial bolsters team as part of transition

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
... head of professional standards, Shannon Durrant. Concoran spent over four years at CBA. Prior to that, he held financial advice related roles at Kaplan Professional and AMP. CountPlus acquired 85% of Count Financial, with the 15% balance acquired by ...

Grandfathered commissions ban passes

ELIZABETH MCARTHUR  |  TUESDAY, 15 OCT 2019
... executive chairman John Ardino said at the time that abolishing grandfathered commissions will increase the cost of financial advice and lower consumer access. The dealer group contributed $10,000 to the Adviser Regulatory Fund set up by the Association ...