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Super SA hires former Elders manager
ELIZABETH MCARTHUR  |  MONDAY, 26 OCT 2020
Government fund Super SA has appointed a former Elders regional manager to head up its financial advice offering. Allan Ward has been appointed as senior manager financial advice at the fund. He was previously the regional manager for Elders Financial ...
FS Power50 revealed
STAFF WRITER  |  MONDAY, 26 OCT 2020
... Australian public and the advice industry itself, for the advisers who are playing a key role in shaping the future of financial advice. "Some are influencing the advice industry, be it through regulatory bodies or peer groups, others are influencing ...
Calls to axe TPB for financial advisers
ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
... either ASIC or the disciplinary body, as it is unnecessary to have a separate regulator for one small area of financial advice," Ardino said. "Instead, some tax experts should be embedded within the main regulator. These are the core changes that need ...
Robo-advice a complement, not disruptor: Six Park
ANNABELLE DICKSON  |  FRIDAY, 23 OCT 2020
The advice industry is faced with increasing demand for affordable and accessible financial advice and implementing digital solutions to segment clients could be the answer, according to a new whitepaper. Digital advice provider Six Park's latest whitepaper ...
Bumpy quarter for AMP
KARREN VERGARA  |  THURSDAY, 22 OCT 2020
... remaining focused on supporting our clients through programs such as the early release of super, and by providing financial advice to those who need it." AMP's three-year turnaround strategy is now moving into its second year. De Ferrari said the ...
Centrepoint hires recruitment lead
KARREN VERGARA  |  WEDNESDAY, 21 OCT 2020
Centrepoint Alliance has appointed a financial advice industry recruitment specialist to lead its national recruitment strategy. Charles Smith joins the ASX-listed firm as national recruitment manager. He was most recently at MLC Wealth where he spent ...
Cost of advice soars as red tape grows
ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... planning profession is creating significant risks. "While we welcome reforms that improve the overall standard of financial advice, financial planners and their clients are paying an unreasonably high price for it," De Gori said. The FPA found that ...
Sam Henderson sentenced
ELIZABETH MCARTHUR  |  TUESDAY, 20 OCT 2020
... 2017 as well as in an information memorandum dated May 2011. Henderson was the subject of a case study on bad financial advice at the Royal Commission and was subsequently banned from providing financial services for a period of three years. During the ...
The case for an overhaul of advice: Rice Warner, FSC
ANNABELLE DICKSON  |  TUESDAY, 20 OCT 2020
... report by Rice Warner that makes a series of recommendations that would significantly change the status quo of financial advice and lead to policy debate. Rice Warner's Future of Advice report proposes a raft of changes to definitions, documentation ...
Self-licensing on the horizon
KARREN VERGARA  |  MONDAY, 19 OCT 2020
Consolidation in the financial advice industry is leading to a second wave of advisers leaving big institutions and potentially taking the self-licensing path. This is according to Centrepoint Alliance group executive of advice Paul Cullen, who said ...
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