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

Search Results

Showing 1921 - 1930 of 4389 results for "financial Advice"

Cardena Private Wealth names managing director

KARREN VERGARA  |  WEDNESDAY, 13 FEB 2019
... Financial Services. Djani commented: "Our goals for the future are to continue to provide the highest standards of financial advice and exemplary service to our clients." He added that Cardena will be on the lookout for opportunities and strategic alliances ...

Financial Standard launches FS Aspire CPD

DARREN SNYDER  |  MONDAY, 11 FEB 2019
Financial Standard is drawing on its deep catalogue of financial advice, superannuation and wealth management content to roll out a new proprietary Continuing Professional Development program for financial services professionals. FS Aspire CPD offers ...

Grandfathered commissions deadline challenging: AFA

JAMIE WILLIAMSON  |  WEDNESDAY, 6 FEB 2019
... Singh said Fiducian has been working on converting commissions to fees for service shortly after the Future of Financial Advice reforms were implemented in July 2013 - almost six years ago. Today, about 4% of the group's revenue is still derived from ...

Hayne stops short of dismantling vertical integration

HARRISON WORLEY  |  TUESDAY, 5 FEB 2019
... integration model - which allows wealth managers to own and operate the entire wealth stack: funds management, financial advice, superannuation and platforms. Responding to the Commissioner's interim report late last year, Australia's big four ...

Hayne targets superannuation employer connections

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... retirement or maximise their wealth generally. "Any practice by trustees of allowing fees for these latter kinds of financial advice to be deducted from superannuation accounts must end," he said. Retail funds to stay Hayne said he does not support the ...

AFSL reference checking protocols required

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
Financial advice licensees are not doing enough to communicate the background of advisers. As such, compliance with the Australian Banking Association's reference checking protocols should be mandatory for all advice licensees, the Royal Commission ...

Misconduct must end: Frydenberg

DARREN SNYDER  |  MONDAY, 4 FEB 2019
... conducted seven rounds of public hearings over 68 days and called more than 130 witnesses. Superannuation and financial advice accounted for 21% of the 10,323 public submissions. Responding directly to Hayne's final report, the Treasurer and the ...

Grandfathered commissions to be banned

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
... of interest in remuneration. "I would bring the grandfathering arrangements made at the time of the Future of Financial Advice (FoFA) reforms to an end. The time for transition has passed," Hayne said. The time when the initial advice was given and the ...

Outflows dent IOOF advice, funds businesses

KARREN VERGARA  |  MONDAY, 4 FEB 2019
IOOF recorded net outflows of $481 million in its financial advice and funds management businesses during the final quarter of 2018. The advice business suffered $295 million of net outflows despite completing the transition of 661 former ANZ-aligned ...

Hiring outlook subdued: Poll

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... latest Hays Jobs Report however paints a different picture, forecasting recruitment activity to pick up for the financial advice sector in the first half of 2019. "Advisers will be in high demand during the first half of 2019," the report said. "Demand ...