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Showing 161 - 170 of 273 results for "Statement of Advice"

Advisers urged to meet challenges together

DARREN SNYDER  |  THURSDAY, 6 OCT 2016
... cover. Sums insured were not big and you were paid a commission for the work you did," Kent said. "There was no statement of advice. There was no internet or online options. Products were simple. Conferences were about selling and how to be better at ...

Client needs to drive transitioning businesses

JAMIE WILLIAMSON  |  TUESDAY, 4 OCT 2016
... be personal advice and that all annual reviews must be accompanied by a record of advice and may require a statement of advice. Compliant with the update, when recommending MDA's, acting in the best interests of the client is now a separate and additional ...

Fears of increased compliance costs misguided

JAMIE WILLIAMSON  |  THURSDAY, 8 SEP 2016
... customers they want to help." "When it comes to compliance requirements, there's a lot more involved than bolting statement of advice generation on to an online calculator. If compliance is not already baked into the system, there's likely to be up to ...

GPS Wealth launches advice solution

KERRIE SYDEE  |  MONDAY, 5 SEP 2016
... recycling calculator, investment property calculator, gap analysis tool and cloud based version of GPS Wealth's statement of advice (SoA) tool. GPS Wealth general manager, practice development and coaching, Paul Pavlic said: "We came up with the concept ...

Good financial advice a challenge: ASIC

KERRIE SYDEE  |  FRIDAY, 2 SEP 2016
... financial advice firms Conflicted advice at the big five financial advice firms Fee-for-no-service Life Insurance statement of advice Quality of financial advice

ASIC bans former Macquarie advisers

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2016
... options but failed to adequately determine whether this advice was appropriate for these clients or provide a Statement of Advice prior. ASIC claimed that Sourris developed an informal business partnership with colleague Gardner in which Sourris administered ...

Equip readies full robo advice roll-out

MARK SMITH  |  WEDNESDAY, 3 AUG 2016
... Equip MyMoney was that it will allow members to pass an investment switch instruction to the fund based on the Statement of Advice (SOA) created by the robo advisor. In addition to recommending an appropriate investment choice, Equip MyMoney also will ...

Former Calastone MD launches fintech solution

KERRIE SYDEE  |  THURSDAY, 28 JUL 2016
... discretionary accounts (MDAs), a complete solution for managed accounts and direct portfolios delivered under the Statement of Advice model and software for external MDA operators looking to improve efficiency. MA Operator is designed to lower costs ...

OwnersAdvisory awarded fintech prize

KERRIE SYDEE  |  MONDAY, 27 JUN 2016
... Members can also request custom advice to confirm or rebalance a portfolio on demand for an additional fee per statement of advice. Macquarie Wealth Management chief investment officer and founder of OwnersAdvisory, John O'Connell said he is delighted ...

AAT reduces adviser ban

KERRIE SYDEE  |  MONDAY, 20 JUN 2016
... financial service." In particular Prasad has failed to: maintain adequate records of his advice, provide a statement of advice (SOA) within the required timeframe, provide a SOA that adequately set out information about the basis on which the advice ...