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Showing 171 - 180 of 208 results for "Statements of Advice"

Paraplanners left out of planning reforms, for now

MICHAEL HOBBS  |  TUESDAY, 11 AUG 2009
... education levels as financial planners and advisers because they aren't client facing and don't sign off on statements of advice (SoA). But she didn't rule out mandating a set of minimum education requirements for paraplanners. "The concern that exists ...

HESTA ready for advice boom

COMPANY RELEASE  |  THURSDAY, 23 JUL 2009
... infrastructure. HESTA has had its advice program in place for three years, but the new legislation enables much shorter Statements of Advice to be written. This will allow HESTA's superannuation service advisers to provide more members with intra-fund ...

AFA hits back at fee-for-service report

RUTH LIEW  |  THURSDAY, 5 MAR 2009
... [the Rice Warner fees versus commissions report]... looks like it has been preconditioned on only five SOAs [statements of advice] as sample size - and from this sample size is drawn some fairly 'robust' assumptions. "The AFA is pretty concerned when ...

Decimal offers $5 financial health check

MICHAEL HOBBS  |  FRIDAY, 5 DEC 2008
... launched the online financial planning system earlier this year which financial planners can use to draft statements of advice (SoA) and also to describe to prospective clients with benefits of a financial plan. The service is available to registered ...

Securitor academy set for Feb opening

MICHAEL HOBBS  |  MONDAY, 17 NOV 2008
... that can be made during the workshop. Eligible candidates must be Securitor paraplanners who are writing statements of advice (SoA), comfortable with AdviserNETgain and pass an entrance exam. Successful applicants will be sent course material in January ...

New era in fee disclosure

MICHELLE BALTAZAR  |  TUESDAY, 5 AUG 2008
... financial planning firms in the country found that all the biggest dealer groups have already amended their Statements of Advice (SoAs) to comply with these new 'conflicts of interest' principles. St.George-owned Asgard Wealth Solutions for example will ...

ASIC bans unlicensed Westpoint adviser

MICHAEL HOBBS  |  WEDNESDAY, 30 JUL 2008
... his advice. In addition, ASIC found Sheppard failed to provide appropriate level of advice, did not issue Statements of Advice (SoA) to clients and failed to disclose commissions he was receiving from them. In total, ASIC has banned 15 licensed financial ...

One-size rule does not fit advice

RUTH LIEW  |  THURSDAY, 17 JUL 2008
... requirement is applied to anyone who gives advice. Finally the FPA is encouraging the wider adoption of short form Statements of Advice, and called for greater legislative certainty, including specific changes to the Corporations Act 2001, to make it ...

MLC adopts paraplanning referral service

MICHAEL HOBBS  |  MONDAY, 14 JUL 2008
... panel of referral partners that will provide paraplanning and outsourcing services for the production of statements of advice (SoA). All advisers will move to the referral model in October this year and the panel businesses will be announced in the coming ...

Praemium upgrades p-Desktop

RUTH LIEW  |  TUESDAY, 13 MAY 2008
... "powerful tool" for advisers, enabling them to proactively advise clients in a real-time environment and provide Statements of Advice. "Our advisers can now conduct portfolio reviews, inclusive of clients tax reporting, manage client trades and maintain ...