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Showing 1991 - 2000 of 4389 results for "financial Advice"

Vamos joins embattled insurer

JAMIE WILLIAMSON  |  MONDAY, 12 NOV 2018
... record an EBITDA loss of up to $8 million. It has also advised that it will consider the sale of its non-core financial advice subsidiary, Spectrum Wealth Advisers.

Trust in advice hits record low

JAMIE WILLIAMSON  |  MONDAY, 12 NOV 2018
Consumer trust in financial planning is at an all-time low and those engaged in financial advice are significantly less likely to recommend it post-Royal Commission, new research shows. A new survey from Investment Trends asking consumers to rate trust ...

Gender diversity in advice dormant

JAMIE WILLIAMSON  |  FRIDAY, 9 NOV 2018
... than one quarter of all advisers. Latest insight from Rainmaker shows the gender diversity of Australia's financial advice sector remains resistant to change, with women comprising 22% of the country's advisers - a figure that has remained stagnant ...

ASIC moves to make licensees FASEA compliant

JAMIE WILLIAMSON  |  FRIDAY, 9 NOV 2018
... competence expected in the industry. "Our proposals are designed to strengthen the organisational competence of financial advice licensees by ensuring that advisers are supervised by at least one responsible manager who satisfies the new education and ...

Platypus distribution director departs

KANIKA SOOD  |  THURSDAY, 8 NOV 2018
... worked at AMP Capital, Perpetual and Zurich financial services in account management roles and with different financial advice firms and dealer groups. Fidante Partners declined to expand on Hearne's new role. Fidante is expected to launch active ...

Westpac admits it didn't take FoFA seriously

KANIKA SOOD  |  WEDNESDAY, 7 NOV 2018
Westpac said while implementing the Future of Financial Advice reforms, it did not embed strong enough controls and record-keeping to police fee-for-no-service advice. The admission was made in the bank's annual sustainability report released today ...

Advice firm hires for increasing regulatory environment

KANIKA SOOD  |  TUESDAY, 6 NOV 2018
A prominent financial advice and accounting firm is welcoming a director of financial reporting to assist in the management of an increasing regulatory environment. HLB Mann Judd has hired Michelle Warren in the newly created role. Warren will oversee ...

Melbourne AFSL pays $9 million in fines

KANIKA SOOD  |  MONDAY, 5 NOV 2018
... about $9 million in penalties after ASIC found it offered personal loans with the proviso customers implement financial advice from the firm. Financial Circle offered personal loans to consumers of up to $5000. However, they could only be availed if ...

Royal Commission hits Westpac cash earnings

JAMIE WILLIAMSON  |  MONDAY, 5 NOV 2018
... insurance claims. The result was partly offset by margin compression from price reductions and lower revenue from its financial advice business, BTFG said. Meanwhile, BT Panorama continued to grow with the number of registered investors doubling to more ...

FPA and AFA aim to administer adviser standards

DARREN SNYDER  |  FRIDAY, 2 NOV 2018
... various business models in the marketplace." He added that code monitoring would benefit all Australians seeking financial advice "because it will give consumers greater confidence and trust in the advice they receive." "We need to protect everyday Australians ...