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Showing 1841 - 1850 of 4746 results for "Financial advisers"

Vanguard swoops on superannuation

KANIKA SOOD  |  WEDNESDAY, 6 NOV 2019
... Vanguard's Robin Bowerman says the investment giant's planned superannuation offering will have a place for financial advisers and won't be a strictly direct-to-investor product. "We are at the start of a journey of entering the superannuation ...

ASIC calls out accountants

ELIZA BAVIN  |  TUESDAY, 5 NOV 2019
... Investment Commission said it does not believe accountants provide "more compliant or better financial advice" than financial advisers. In its submission to the Review of the Tax Practitioners Board released by Treasury, the regulator said it does not ...

ASIC, MLC Nominees and NULIS in court

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
... service fees from 300,000 MLC MasterKey Personal Super. According to ASIC, members then received no service from financial advisers. This was a contravention of s912A(1)(a) of the Corporations Act, the regulator alleges. The two firms also failed to ...

Platform hints at aggressive expansion

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... Xplore for a further six months Sharp's work will be focussed on a retail direct-HIN offer for independent financial advisers and a new foreign exchange capability for Xplore. September's results were the first results under Wright. Wright told ...

FASEA chief unaware of dwindling adviser numbers

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2019
... was asked by Liberal Senator Amanda Stoker whether the authority acknowledged the risk of losing experience financial advisers for whom the requirements are simply too much. Glenfield answered that it was FASEA's job to implement legislation, before ...

Super investment menus not what they seem: Rice Warner

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... options on average." The large number of investment options available on retail fund menus is largely to serve financial advisers and the more diverse needs of their clients. Rainmaker executive director of research and compliance Alex Dunnin commented ...

Adviser tampered with MySuper

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... its legacy default super product - party because MySuper products are prohibited from paying commissions to financial advisers. Tran's business, Futura Financial Group, sent 424 letters to clients telling them if they did not respond within 30 days their ...

HESTA strengthens financial advice team

ELIZA BAVIN  |  FRIDAY, 1 NOV 2019
... this is an exciting opportunity to grow HESTA's advice offering to members, both with employed and external financial advisers."

RI Advice faces ASIC action

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2019
ASIC has filed a Federal Court action against RI Advice and one of its former financial advisers who was the subject of a case study during the Royal Commission. Commencing court action today, the corporate regulator has alleged RI Advice failed to ...

Crestone profits boosted by clients

ELIZA BAVIN  |  THURSDAY, 31 OCT 2019
... million, in line with the company's three-year strategic outlook. Additionally, Crestone said it has added six new financial advisers since 1 July 2018, bringing the total to 79. "Crestone has hired additional specialists in the cyber risk and regulatory ...