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Showing 161 - 170 of 819 results for "Advice Business"

Advice fees jump 16% in FY22

CASSANDRA BALDINI  |  FRIDAY, 21 OCT 2022
... putting forward several proposals that simplified reporting requirements on advisers and the cost of running an advice business. "These are important proposals, but we also believe the cost of running an advice business - and therefore the cost of financial ...

Fortnum expands engagement, growth team

CASSANDRA BALDINI  |  WEDNESDAY, 19 OCT 2022
Fortnum Private Wealth welcomed Jason Gapps to the role of practice engagement and growth manager. Gapps will officially start in November and report to Fortnum's head of practice engagement and growth Rob Skinner. He joins from Madison Financial Group ...

Tech providers support QAR SOA proposals

CASSANDRA BALDINI  |  THURSDAY, 29 SEP 2022
Financial planning technology providers have agreed with the Quality of Advice Review's (QAR) proposal to remove Statements of Advice. Advice Intelligence founder and chief executive Jacqui Henderson said QAR chair Michelle Levy makes a critical ...

More consolidation is needed, says Diverger chief

CASSANDRA BALDINI  |  WEDNESDAY, 28 SEP 2022
Diverger managing director Nathan Jacobsen believes more consolidation must happen within the financial advice industry. "I think we are one of the larger service providers and yet, by listed company standards, we're small," he explained in a recent ...

Burgeoning challenges of the advice industry: Padua

ANDREW MCKEAN  |  THURSDAY, 22 SEP 2022
... provider versus compared to what you're charging clients," Esler said. There's very, very little margin for the advice business, she added. Quality is another issue dogging the industry; speaking from experience, Esler recounted that Padua has received ...

Ex-Synchron boss appointed head of Libertas

CASSANDRA BALDINI  |  WEDNESDAY, 14 SEP 2022
... and wellbeing is something we need to keep in mind as we talk about business to consumer industry. Behind each advice business is a person- the adviser - and we need to interact with respect, integrity and support each business with the person in mind." ...

Not ruling anything out: Insignia Financial

CASSANDRA BALDINI  |  FRIDAY, 26 AUG 2022
... experiences, better technology, and ultimately support our members and help grow the business," he said. Meanwhile, the advice business saw a drop in adviser numbers to 1600 from 1948, but Mota said its adviser market share remained "pretty stable" though ...

ASIC response to Freedom Insurance saga continues

JAMIE WILLIAMSON  |  WEDNESDAY, 17 AUG 2022
... before suspending trading in February 2019 before committing to divest all its operations - including financial advice business Spectrum Wealth Advisers - and eventually appointing liquidators in February 2020. The policies distributed by Freedom were ...

AZ NGA, Blue Invest acquire VBP stake

CASSANDRA BALDINI  |  MONDAY, 15 AUG 2022
AZ Next Generation Advisory (AZ NGA) and Invest Blue will co-invest in Virtual Business Partners (VBP), a paraplanning and back-office solutions provider based in the Philippines. Under the deal, AZ NGA and Invest Blue will acquire a 40% interest in ...

AMP to return $1.1bn to shareholders

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
... performance should see costs lowered. She also said regulation and industry change is a major challenge for the advice business, saying the group is engaging with government and other industry stakeholders to find a sustainable solution, while AMP's ...