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

Search Results

Showing 161 - 170 of 393 results for "Personal advice"

Super fund in-houses advice service

KARREN VERGARA  |  THURSDAY, 29 APR 2021
... providing them with information, directing them to our online tools, or booking them in for a session with our personal advice team. It's another step toward maximising the reach of our services," she said. Rest also announced its efforts to bolster ...

Guild Super chooses new administrator

ELIZABETH MCARTHUR  |  THURSDAY, 22 APR 2021
... Mercer Financial Planning services. With the change of administrator, members will no longer have access to a personal advice service. Rather, Guild Super provided members with a phone number for general advice enquiries. Meanwhile, Guild Super also ...

FSC proposes new advice model

KARREN VERGARA  |  MONDAY, 19 APR 2021
... of their products. The alternate model in line with the DDO will categorise advice into general information and personal advice. The latter is split across simple personal advice and complex personal advice. Strategic and intra-fund advice will fall ...

DDO to simplify general, personal advice

ANNABELLE DICKSON  |  TUESDAY, 30 MAR 2021
... implications for product providers and financial advisers when distributed under a general advice model compared to a personal advice model. "For example, one of the requirements under DDO is to take reasonable steps to distribute a product to its target ...

ASIC bans adviser over dodgy super consolidation

ELIZABETH MCARTHUR  |  MONDAY, 15 MAR 2021
... their super fund trustees to gain early access to their super balances. He also was found to have given consumers personal advice despite only being authorised to give general advice. In doing this, Bhandari failed to act in clients' best interests and ...

CommSec launches trade knowledge tool

ELIZA BAVIN  |  MONDAY, 15 FEB 2021
... knowledge, at their own pace, to make informed investment decisions. He added that the tool is not intended to offer personal advice or recommendations, rather it was designed to help investors get a better understanding of their investments and the ...

High Court dismisses Westpac appeal

JAMIE WILLIAMSON  |  WEDNESDAY, 3 FEB 2021
... financial product advice Westpac gave to 14 members via two 2014 telephone campaigns related to super switching was personal advice, consistent with the definition outlined in section 766B(3)(b) of the Corporations Act. As a result of the campaigns ...

TAL continues successful FASEA course

ELIZABETH MCARTHUR  |  THURSDAY, 21 JAN 2021
... exam is an essential component of the educational qualifications that advisers need to achieve before providing personal advice to clients. With only six more FASEA exam sittings left this year, we're encouraging those advisers who have yet to sit the ...

Hume advocates for affordable advice

KARREN VERGARA  |  WEDNESDAY, 20 JAN 2021
... interpretations of current regulatory settings are creating barriers to consumers seeking good-quality, affordable personal advice. "The government supports a well-regulated and vibrant financial advice sector that supports advisers seeking to help Australians ...

The barriers to limited advice: Licensees

ANNABELLE DICKSON  |  MONDAY, 11 JAN 2021
... limiting them from getting advice, what is slowing down the advice process?" The industry, she said, is built on personal advice and the process of giving a Statement of Advice and building a relationship with the client but the demand is in scaled or ...