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Showing 181 - 190 of 363 results for "Advice practices"

Product provider makes big FASEA promise

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 FEB 2020
... portfolios to manage the investment process on behalf of the adviser without ongoing conflict. That means financial advice practices with managed discretionary accounts (MDAs) could outsource the investment function of those MDAs. Lonsec also referred ...

AMP urged to mediate with advisers

ELIZA BAVIN  |  FRIDAY, 31 JAN 2020
... short notice periods provided to licencees exiting the business and restraint of trade provisions," Carnell said. Advice practices were urged to contact the ombudsman in November last year to share their experiences about being pushed out by financial ...

Stanford Brown acquires Sydney advice firm

KANIKA SOOD  |  WEDNESDAY, 4 DEC 2019
... providers. This morning, he said Stanford Brown will continue to look for potential accounting firms as well as advice practices to acquire. Stanford Brown's core business is private wealth but it offers ancillary services including mortgage broking ...

FASEA attempting to re-write law: AFA

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 NOV 2019
... of interest. Anderson pointed to research conducted by Investment Trends breaking down the revenue streams of advice practices. If grandfathered trail commissions, life insurance commissions and asset based fee for service charges are at risk under the ...

Advice practices urged to contact ombudsman

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 NOV 2019
... Australian Small Business and Family Enterprise Ombudsman Kate Carnell is calling on small business financial advice practices to share their experiences. Carnell wants to hear from those small and family enterprises being pushed out by financial advice ...

Adviser moves show industry upheaval

ELIZABETH MCARTHUR  |  TUESDAY, 5 NOV 2019
... Standard reported on the exodus from the Westpac aligned licensees. Finally, indicating the challenges facing small advice practices, a number of licences with just two advisers attached shut down during the period. Vivid & Co Accounting, State Advice ...

BT Financial Group enlists research provider

ELIZABETH MCARTHUR  |  MONDAY, 14 OCT 2019
... interrogate these risks. Financial Standard's 2019 Managed Accounts Survey of financial advisers found that 44% of advice practices using managed accounts are doing so for close to half their client base.

Client ethics the future of advice

ELIZABETH MCARTHUR  |  THURSDAY, 29 AUG 2019
The personal ethics of clients are only going to become increasingly relevant to advice practices as the demographics they serve shift. Presenting at the 2019 Association of Financial Advisers' National Conference in Adelaide, Ethics Partners founder ...

Government should intervene in BOLR changes: Opposition

JAMIE WILLIAMSON  |  FRIDAY, 23 AUG 2019
... Financial Standard, an AMP spokesperson said: "AMP's changes to its Buyer of Last Resort terms for aligned advice practices reflect changes to business valuations due to the ceasing of grandfathered commissions and other market disruptions. We have ...

Fitzpatricks expands footprint

KRISTI CHENG  |  WEDNESDAY, 31 JUL 2019
... to Fitzpatricks' private ownership model, as well as the firm being "well-capitalised to support genuine advice practices with appropriate resources to grow successfully." Fitzpatricks Private Wealth chief executive Matt Fogarty welcomed the new ...