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Showing 181 - 190 of 5069 results for "Financial Adviser"

Adviser levy discount amounts to $8m saving

KARREN VERGARA  |  FRIDAY, 10 NOV 2023
Financial advisers are set to pay $400 less in the ASIC funding levy, saving the industry $8 million in total, according to new estimates from the Financial Advice Association Australia (FAAA). Based on two legislative instruments dated November 3 ...

Centrepoint Alliance acquires Financial Advice Matters

CASSANDRA BALDINI  |  THURSDAY, 9 NOV 2023
Centrepoint Alliance has entered into a binding agreement to purchase 100% of Brisbane-based financial advice firm Financial Advice Matters Group (FAM). Centrepoint Alliance said the transaction, subject to the fulfilment of closing conditions, should ...

Vanguard Super institutes advice fee function, tweaks options

ANDREW MCKEAN  |  WEDNESDAY, 8 NOV 2023
... have advice fees deducted directly from their SaveSmart account when personal advice is provided by a licenced financial adviser registered with the super fund. There are some caveats regarding the payment of advice fees from Vanguard Super's lifecycle ...

VanEck launches AUD-hedged equity ETFs

ANDREW MCKEAN  |  WEDNESDAY, 8 NOV 2023
VanEck is launching three new AUD-hedged international equity ETFs, prompted by increasing demand from financial advisers and investors. The investment manager's new ETFs, scheduled for a November 9 debut on the ASX, will leverage VanEck's existing ...

Aussies value super but remain unprepared: Data

CASSANDRA BALDINI  |  WEDNESDAY, 8 NOV 2023
Most Australians acknowledge the importance of superannuation in achieving financial independence, however one-third of the population feels ill-prepared to navigate unforeseen financial hurdles. According to the latest Financial Freedom study conducted ...

ASIC updates qualified tax relevant provider definition

KARREN VERGARA  |  TUESDAY, 7 NOV 2023
Financial advisers who are both a relevant provider and a registered tax agent now satisfy the definition of a "qualified tax relevant provider" without having to undertake specific courses, according to ASIC. The corporate regulator said it made a ...

Wealth firm awards CFS Edge mandate

KARREN VERGARA  |  MONDAY, 6 NOV 2023
Colonial First State (CFS) has scored a wealth platform and managed accounts mandate with a large financial advice firm. Viridian Advisory, which has $7 billion in funds under administration, will use CFS Edge. Having officially launched in August ...

Betashares launches currency-hedged FTSE 100 ETF

CASSANDRA BALDINI  |  TUESDAY, 31 OCT 2023
Betashares has launched its FTSE 100 Currency Hedged ETF (H100) on the ASX, to provide local investors exposure to global blue-chip companies. According to Betashares, the ETF will track the performance of the AUD currency-hedged FTSE 100 Index, before ...

Financial services firms hit with criminal charges

CHLOE WALKER  |  TUESDAY, 31 OCT 2023
... serving as a director. Sutton was also involved in and facilitated misconduct by Kristofer Ridgway, a former financial adviser that ASIC said was not "adequately trained" or "competent" to provide financial services. He suggested his clients invest in ...

Caddick victims sue auditors in class action

KARREN VERGARA  |  MONDAY, 30 OCT 2023
... by Ms Caddick and the assets said to be held by the SMSFs did not exist." Caddick purported to be a licensed financial adviser and reportedly defrauded some $23 million from her clients as early as 2012, essentially running a Ponzi scheme. She disappeared ...