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Showing 1781 - 1790 of 4389 results for "financial Advice"

Inaugural FASEA exam results in

KARREN VERGARA  |  THURSDAY, 8 AUG 2019
... approach, was held in nine centres across Australia from 20 June to 24 June. Candidates were tested in three areas: financial advice regulatory and legal obligations; applied ethical and professional reasoning and communication; and financial advice ...

BT advice boss lands new role

KANIKA SOOD  |  WEDNESDAY, 7 AUG 2019
The former general manager of BT Financial Advice, who was grilled at Royal Commission hearings last year, will lead an ASX-listed managed accounts provider for a $500,000 base salary. Michael Wright will join Xplore Wealth (formerly Managed Accounts ...

Sequoia acquires dealer group

JAMIE WILLIAMSON  |  TUESDAY, 6 AUG 2019
... a larger, well-regarded licensee focused on the provision of highly compliant advice and client service." The financial advice landscape is undergoing major changes at the moment and Sequoia is well placed to attract quality planning groups and advice ...

Adviser stole $200k from SMSFs

ELIZABETH MCARTHUR  |  TUESDAY, 6 AUG 2019
... self-managed superannuation funds. Robert Michael of Bentleigh, Victoria has been permanently banned from providing financial advice after ASIC's investigation found Michael took loans for himself from four of his clients' SMSF accounts to the tune of ...

AMP MDA constraints frustrate advisers

ELIZABETH MCARTHUR  |  MONDAY, 5 AUG 2019
... imposed: "ASIC expects to see improvements in the standards of supervision, conduct and compliance across the financial advice industry, and the imposition of additional licence conditions is part of ongoing efforts to make our expectations clear to ...

Jane Hume to address AFA Conference

KRISTI CHENG  |  THURSDAY, 1 AUG 2019
... important that delegates have the opportunity to hear more about the Government's forward agenda in relation to financial advice first-hand and we are looking forward to her insights." Hume was appointed Assistant Minister for Superannuation, Financial ...

ASIC reveals advice remediation progress

HARRISON WORLEY  |  THURSDAY, 1 AUG 2019
... Commonwealth Bank, NAB and Westpac have paid a total of $119.7 million [see figure 1] in remediation for poor financial advice since the corporate regulator began reviewing how the institutions identified and dealt with non-compliant advice between 1 ...

Final nail in the coffin for grandfathered commissions

KANIKA SOOD  |  TUESDAY, 30 JUL 2019
... acting to end the grandfathering of conflicted remuneration." When commissions were banned under the Future of Financial Advice (FoFA) reforms in 2013, the legislation provided a carve out for trail commissions paid on existing investments. However ...

UniSuper advice offering surges

KARREN VERGARA  |  TUESDAY, 30 JUL 2019
... investment options, insurance, contributions, and access to super and tax are frequently asked. UniSuper chief financial advice Jack McCartney said the FUA growth has been spurred by inflows from SMSFs, family take-up of the fund's personal accounts ...

Spectrum Wealth representatives find new homes

ELIZABETH MCARTHUR  |  MONDAY, 29 JUL 2019
... considering suspending or cancelling Spectrum's AFSL. Freedom first indicated it would offload its administration and financial advice businesses in April. The embattled insurer announced last year that it would likely face a liquidity crisis in 2019 ...