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

Search Results

Showing 171 - 180 of 260 results for "Quality of Advice"

UK asset consultants face competition scrutiny

KARREN VERGARA  |  MONDAY, 18 SEP 2017
... accepting strategies they do not fully understand, the FCA believes. Trustees also find it difficult to assess the quality of advice provided by investment consultants and the services of fiduciary managers, and have low switching rates. In an FCA survey ...

ASIC calls on NAB to improve disclosure

JAMIE WILLIAMSON  |  FRIDAY, 7 JUL 2017
... customers to receive." "We apologise to our customers, and want to assure them that they did not impact the quality of advice they received from their adviser, and there is no impact on their investments or portfolios. "Since identifying and notifying ...

Optimo introduces robo platform

JAMIE WILLIAMSON  |  THURSDAY, 6 JUL 2017
... executive Hugh Bannister said: "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 ...

Macquarie pays the price for poor advice

JAMIE WILLIAMSON  |  FRIDAY, 9 JUN 2017
... program, more than 160,000 letters were sent to clients inviting them to express any concerns held over the quality of advice provided by Macquarie Equities financial adviser network, Macquarie Private Wealth. ASIC confirmed that a small number of cases ...

ASIC compensation skyrockets

KARREN VERGARA  |  THURSDAY, 9 MAR 2017
... Wealth Management Project will focus on improving the standards of major financial advice providers in regards to quality of advice and remediation. "We intend to build on the significant number of investigations and surveillances we have undertaken ...

Planning firms need succession rethink

KERRIE SYDEE  |  MONDAY, 5 DEC 2016
... that only through revamped licence and ownership arrangements could practices ensure they have control over the quality of advice to clients; control over the destiny of their practice in regards to licencing; and control over their value proposition ...

AFA excellence in education award winner revealed

KERRIE SYDEE  |  THURSDAY, 6 OCT 2016
... has invested, over a long period of time, in a wide range of education programs that demonstrably enhance the quality of advice he delivers to his clients. Steve is an outstanding example of the way in which forward-thinking advisers are rising to meet ...

Life insurance reforms to be re-introduced

JAMIE WILLIAMSON  |  MONDAY, 26 SEP 2016
... insurance reform bill contains significant amendments to adviser remuneration, and is designed to improve the quality of advice consumers receive by regulating conflicted remuneration."

Banks commit to new adviser hiring standards

KERRIE SYDEE  |  TUESDAY, 20 SEP 2016
... comply with the protocol by 1 March 2017. "This is an important step by the banking industry to improve the quality of advice, support the professionalisation of the financial advice industry and build trust and confidence in banks," Tate said. "The ...

Mark Dunsford attacks FSC over life reforms

JAMIE WILLIAMSON  |  THURSDAY, 1 SEP 2016
... insurance reform bill contains significant amendments to adviser remuneration, and is designed to improve the quality of advice consumers receive by regulating conflicted remuneration. While high up front commissions have been significantly reduced in ...