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Showing 1871 - 1880 of 4389 results for "financial Advice"

Technical Services Forum: Keep advisers informed of change

HARRISON WORLEY  |  THURSDAY, 11 APR 2019
... Carroll recapped Kenneth Hayne's final Royal Commission report, highlighting the biggest lessons for the financial advice sector. Carroll noted Hayne's view that fees for no service was an endemic issue. "Hayne was very concerned about this issue ...

Fee for no service on APRA and ASIC radar

KARREN VERGARA  |  WEDNESDAY, 10 APR 2019
... ensuring the fee for no service debacle is not repeated. The regulators are taking a more stringent stance on financial advice fees charged without the provision of relevant services, pointing to the controversy exposed by the financial services Royal ...

YTML expands team, signs new client

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 APR 2019
... technology solutions for improved business efficiency. Coinciding with the new appointment, YTML has also signed financial advice dealer group Merit Wealth to its Seido platform. Seido is a financial services app store which YTML says consolidates multiple ...

Banks push to leave vertical integration on the table

HARRISON WORLEY  |  WEDNESDAY, 10 APR 2019
... jettison the vertical integration model that allowed them to control the entire wealth stack: funds management, financial advice, superannuation and platforms. In a submission to the inquiry, the ABA said it had significant concerns with the bill, and ...

Dealer group acquires bank advice business

JAMIE WILLIAMSON  |  WEDNESDAY, 10 APR 2019
... see Bridges take ownership of Bendigo and Adelaide Bank's advice business assets as well as provide ongoing financial advice to customers of the bank via a referral arrangement. The transaction is priced at $3 million plus further payment on the ...

Financial advice in 2030: What does it look like?

JAMIE WILLIAMSON  |  TUESDAY, 9 APR 2019
... recommendations to come out of the Royal Commission and the Productivity Commission was implemented verbatim, by 2030 the financial advice industry would look very different. WealthDigital predicts Australia's financial advice landscape will look ...

KPMG partner moves to GROW Super

KARREN VERGARA  |  MONDAY, 8 APR 2019
... truly benefit the entire industry." Separately, KPMG recently launched a hiring spree to support clients with financial advice remediation efforts. As wealth managers further move to remediate customers for various fees for no service and financial advice ...

Financial advice exit a boon for the industry: Poll

KARREN VERGARA  |  MONDAY, 8 APR 2019
The big four banks exiting financial advice received a resounding welcome from the industry, according to a new survey. The majority of respondents (62%) polled in Financial Standard's sister publication FS Advice agreed the move will have positive ...

FASEA welcomes new directors

HARRISON WORLEY  |  MONDAY, 8 APR 2019
The government body overseeing the rising education standards in financial advice is welcoming new directors to its board. Australian Financial Complaints Authority board member Elissa Freeman and former Financial Planning Association of Australia director ...

AMP, Griffith University support professionalism

ELIZABETH MCARTHUR  |  FRIDAY, 5 APR 2019
AMP is funding a financial advice research fellowship with the aim of raising professional standards in the advice industry. The new research fellowship and scholarship program is in partnership with Griffith University's Business School. As part of ...