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Showing 1731 - 1740 of 4389 results for "financial Advice"

NAB hit with extra billion in remediation

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 OCT 2019
National Australia Bank announced an additional $1.18 billion in remediation expenses, mostly relating to financial advice. Combined with previously announced remediation costs, NAB is now facing a total remediation bill of $2.09 billion. The unforeseen ...

Industry embraces Mental Health Month

ELIZABETH MCARTHUR  |  TUESDAY, 1 OCT 2019
... good non-confrontational way to reduce stigma and start the conversation," Clarke said. Glen Hare, co-founder of financial advice firm Fox & Hare, confirmed his business has put in place a number of initiatives for the month. "Each member of the team ...

Complexity of grandfathered commissions overlooked

ELIZABETH MCARTHUR  |  FRIDAY, 27 SEP 2019
... grandfathered commissions has been overlooked by policy makers. Anderson states in the paper that the 2012 Future of Financial Advice legislation introduced a number of bans that are relevant to the current banning of grandfathered remuneration - including ...

Morgans snaps up CommSec Advisory business

ELIZA BAVIN  |  TUESDAY, 24 SEP 2019
... Both Morgans and CommSec confirmed the sale. "CommSec has agreed to transition CommSec Advisory, our retail and financial advice business, to Morgans," a CommSec spokesperson said. Morgans said the transition was a natural fit for the company, with managing ...

Intrust Super revamps robo-advice

KRISTI CHENG  |  FRIDAY, 20 SEP 2019
... has the right to financial inclusion in order to reach those goals. "Super Blueprint provides straightforward financial advice, directing members on their path towards financial security all free of charge," O'Farrell said. Intrust Super members ...

Australia investor friendly, not consumer friendly: Report

ELIZA BAVIN  |  WEDNESDAY, 18 SEP 2019
... Australian Securities and Investments Commission have signaled it is looking into fees charged to consumers for financial advice. ASIC is looking into the "reasonableness" of fees and is looking to impose a consistent approach to advice fees across the ...

Licensee faces hefty remediation bill

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 SEP 2019
Australian financial services license holder ClearView Financial Advice has been hit with a remediation bill for $730,000. ClearView's review and remediation program for over 200 clients who received poor life insurance advice resulted in the figure. ...

Allianz Retire+ to research retirement transition

HARRISON WORLEY  |  TUESDAY, 17 SEP 2019
... work with Australian retirees and financial advisers to measure happiness in retirement after receiving holistic financial advice, extending Earl's earlier work about what keeps people well in retirement. According to Earl, the conditions of a person's ...

FinPal and MiiiA merge, announce rebrand

ELIZA BAVIN  |  MONDAY, 16 SEP 2019
Financial advice software providers FinPal and MiiiA have announced plans to merge their technologies and services before rebranding as Fin365. FinPal founder and chief executive Stephen Handley said he is confident the merger will lead to accelerated ...

Dealer group to fight grandfathered commissions ban

ELIZABETH MCARTHUR  |  FRIDAY, 13 SEP 2019
... executive chairman John Ardino said the legislation to abolish grandfathered commissions will increase the cost of financial advice and lower consumer access. "Our industry is at a critical crossroads. The outcome of this challenge in the High Court ...