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Showing 181 - 190 of 273 results for "Statement of Advice"

ASIC accepts EU from Victorian adviser

HARRY PAGE  |  THURSDAY, 11 DEC 2014
... fail to comply with the record keeping obligations relating to personal advice and fail to comply with the Statement of Advice requirements. In accordance with the EU, O'Brien cannot provide financial advice for a period of one year. However, should ...

Opposition wants to postpone vote on FoFA bill

LAURA MILLAN  |  TUESDAY, 23 SEP 2014
... advice." The new text includes an explicit provision to ban commissions from general advice, amendments to the statement of advice provisions and an extension of the time period within which fee disclosure statements must be provided to a client.

Tight regulation getting in the way of digital advice: Minter Ellison

LAURA MILLAN  |  MONDAY, 22 SEP 2014
... facilitated by making these kinds of tools easier to distribute." It suggested that "amending or removing the statement of advice requirements in the manner suggested above would assist." Read all Financial Standard coverage of the FSIA here

Government succeeds in securing final FoFA changes

LAURA MILLAN  |  WEDNESDAY, 16 JUL 2014
... to introduce regulations in the next 90 days to include additional PUP requirements. The PUP asked that the Statement of Advice (SoA) specifies that the adviser is acting in the best interest of the client, outlines the fees and commissions that the ...

netwealth improves tech features for advisers

LAURA MILLAN  |  TUESDAY, 25 MAR 2014
... access client reports from a smart phone or a tablet device. Reports can be run for any period and include the statement of advice and the account snapshot, a list of transaction, investment performance information, the fee disclosure statement and the ...

FPA confronts advisers with their worst nightmare

LAURA MILLAN  |  FRIDAY, 18 OCT 2013
... money in high risk investments. "The first thing that horrified me is that there was nothing in writing, no statement of advice, nothing," Tupicoffs managing director Neil Kendall said. Kendall took over the woman's case and was able to recover some ...

COIN updated software focuses on scaled advice

LAURA MILLAN  |  FRIDAY, 11 OCT 2013
... enquiries. "Advisers using COIN can now easily cater for scaled advice requests with the ability to generate a statement of advice in minutes," Rubik Financial managing director of Wealth Wayne Wilson said. Provisio's optimized advice will cover retirement ...

Midwinter adapts planner software to client profile

LAURA MILLAN  |  WEDNESDAY, 9 OCT 2013
... making the accessible content by a client more appropriate to their situation or life stage." A new standard statement of advice (SOA) has been rewritten to make it compliant with the Future of Financial Advice (FoFA) reforms and the best interest duty. ...

MDAs key to proving value of advice

JAMES FERNYHOUGH  |  FRIDAY, 30 AUG 2013
... presented correctly, could attract many investors back to advice. "In the old days, you'd need to write out a statement of advice (SOA) whenever you wanted to change the client's investment options. If you have 150 clients, by the time you've done all ...

Provisio launches free online trial for IFAs

ALICE URIBE  |  THURSDAY, 8 AUG 2013
... demonstrate strategy benefits to clients for free, but will need to subscribe if they wish to go through to a statement of advice." Optimisation software is a major advance over traditional modelling approaches, but it's deceptively simple on the surface ...