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Showing 1 - 10 of 100+ results for "Adviser"

RI Advice failed oversight obligations: Court

KARREN VERGARA  |  MONDAY, 2 AUG 2021
The Federal Court found that RI Advice Group's failure to provide rigorous oversight over a former financial adviser resulted in bad advice to consumer detriment. The court said the licensee failed to take reasonable steps to ensure that its former ...

Bitcoin fund manager hires distribution lead

KARREN VERGARA  |  MONDAY, 2 AUG 2021
Monochrome Asset Management has named the former managing director of a fund manager as its new distribution lead. Craig Hobart joined the cryptocurrency fund manager as head of distribution in June. He was previously the general manager of strategic ...

Super, ASIC beneficiaries of advice challenges: Hearing

JAMIE WILLIAMSON  |  FRIDAY, 30 JUL 2021
... more than three million households in Australia prepared to pay for financial advice as it currently costs. However, the adviser population will have shrunk to such a point that only two million of those households can access that advice. "It may be ...

New AIA advice unit names chief executive

KARREN VERGARA  |  FRIDAY, 30 JUL 2021
... the general manager of banca, partnerships and advice since June last year. She has been with AIA since 2010, leading adviser services for over four years and then moving on to become chief retail officer between September 2014 and June 2020. This week ...

EQT hires for trustee and wealth

ANNABELLE DICKSON  |  FRIDAY, 30 JUL 2021
... appointments to its Trustee and Wealth Services (TWS) team in response to increased demand. Kate Schell has joined as an adviser in the private client team and Amanda Sartor has been appointed as a senior relationship manager in the charitable trusts ...

AMP sued over corporate super misconduct

JAMIE WILLIAMSON  |  FRIDAY, 30 JUL 2021
... group's Buyer of Last Resort Policy and the way in which AMP continued to charge orphaned advice clients despite having no adviser.

Channel Capital appoints distribution director

KANIKA SOOD  |  THURSDAY, 29 JUL 2021
... across Queensland. Mirls joins from another multi-boutique GSFM where he was a business development manager responsible for adviser relationships in New South Wales. He has also worked an associate director at FIIG Securities and as a private wealth ...

Broken advice industry shuns everyday Aussies: AFA

KARREN VERGARA, ANNABELLE DICKSON  |  THURSDAY, 29 JUL 2021
... profession in droves, resulting in loss of employment for them and their staff, and their clients are losing their financial adviser. Financial advice is a people business helping the clients to understand the personal and financial goals... The increase ...

PADUA accelerates distribution effort

KARREN VERGARA  |  THURSDAY, 29 JUL 2021
... also joined the financial advice tech provider, as a business development manager. He was previously a private client adviser at iPac and spent nearly 10 years in account manager and private client adviser roles at Perpetual. Elizabeth Fitzpatrick is ...

IOOF advice outflows soar

ANNABELLE DICKSON  |  THURSDAY, 29 JUL 2021
The wealth manager recorded significant outflows in its financial advice business as advisers departed following its transformation strategy. Financial advice recorded $2.2 billion in outflows from 33 advisers departing from IOOF's self-employed advice ...
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