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Showing 161 - 170 of 260 results for "Quality of Advice"

AFA rejects criticism over grandfathered commissions

JAMIE WILLIAMSON  |  WEDNESDAY, 26 SEP 2018
... grandfathered commissions, the products they're applied to or the extent to which these payments are impacting the quality of advice or consumer outcomes. The Treasury paper estimates grandfathered commissions account for between nine and 19% of adviser ...

Adviser Ratings to predict licensees' quality of advice

JAMIE WILLIAMSON  |  TUESDAY, 31 JUL 2018
... will be backed up by a standing research capability designed to stress test the factors predicted to influence quality of advice as well as keep track of changing dynamics in the industry." The new system would also benefit financial advisers when conducting ...

Royal Commission must cast net wider

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... planning revenue. Industry Fund Services chief executive Cath Bowtell says she would welcome any review into the quality of advice provided from advisers licensed by IFS. "We continuously improve our quality assurance regime, and any input from the regulator ...

Optimo adds SMSF modelling to platform

KARREN VERGARA  |  FRIDAY, 13 APR 2018
... Bannister said at the time: "We believe there is a market niche for advisers whose clients are skeptical of the quality of advice offered to them by banks and other robo-advice platforms, whose focus is directing their clients into products." Bannister ...

ASIC bans Perth adviser

DARREN SNYDER  |  FRIDAY, 23 FEB 2018
... resulting 'high-risk list' is not in itself an assessment of poor quality advice, ASIC said. ASIC reviews the quality of advice provided by advisers on the high-risk list to determine whether the advisers are acting in their clients' best interests.

ASIC's interpretation of best interest duty falls short: FSC

ALEX BURKE  |  THURSDAY, 25 JAN 2018
... standards reforms. "ASIC has acknowledged in this review that these reforms have resulted in an improvement in the quality of advice and expects that it will take some time for all the reforms to have their intended effect on the financial advice industry," ...

ASIC ramps up surveillance and remediation after adviser conflict report

KARREN VERGARA  |  THURSDAY, 25 JAN 2018
... discuss how managing conflicts of interest can be improved. ASIC revealed more work is underway to ensure the quality of advice provided by the large institutions not only improve, but is also monitored systematically, and proper remediation is in place ...

ASIC accepts EU from Brisbane adviser

KARREN VERGARA  |  FRIDAY, 19 JAN 2018
... assessment of poor quality advice, ASIC said, rather enables it to target its surveillance activity, and reviews the quality of advice to determine whether the advisers are acting in their clients' best interests. Separately, ASIC announced Suncorp subsidiary ...

Centrepoint launches new advice partnership

JAMIE WILLIAMSON  |  FRIDAY, 24 NOV 2017
... forming strategic partnerships with those firms in the Partner's Circle, which were selected based on their the quality of advice, satisfaction of clients, levels of client engagement, funds under management, and engagement with Centrepoint. This will ...

Regulatory costs unsustainable: FPA

KARREN VERGARA  |  THURSDAY, 28 SEP 2017
... licensees. Time spent on meeting regulatory demands detracts advisers from focusing on clients and improving the quality of advice, while the systems needed to meet the complex compliance and risk management requirements decreases the ability to be innovative ...