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Showing 2051 - 2060 of 4746 results for "Financial advisers"

Major advice licensee in possible best interest breach

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2019
... demonstrate why an SMSF is appropriate for the client and why it's in their best interests. "ASIC expects financial advisers to use their skills, expertise and judgement in determining whether an SMSF is appropriate and not rely solely on client ...

Managed accounts grow, but education remains low

HARRISON WORLEY  |  WEDNESDAY, 3 APR 2019
... Global Advisors released research in conjunction with Investment Trends that reveals almost double the amount of financial advisers are recommending the use of managed accounts than five years ago. Head of SPDR ETFs Australia Meaghan Victor said more ...

MP slams prolonged grandfathered commissions carve out

KARREN VERGARA  |  TUESDAY, 2 APR 2019
... Economics Review of the Four Major Banks, Matt Thistlethwaite, said last week that he doesn't feel sorry for financial advisers who complain about the banning of grandfathered commissions - given they were put on notice six years ago. Thistlethwaite ...

Frydenberg takes action on banning grandfathered commissions

HARRISON WORLEY  |  THURSDAY, 28 MAR 2019
... said. The Government first released exposure draft legislation to ban grandfathered conflicted remuneration for financial advisers last February. The new regulations - in the form of a Treasury Laws amendment - propose to change the Corporations Regulations ...

CPD policy publication deadline looms

KARREN VERGARA  |  THURSDAY, 28 MAR 2019
... and maintain evidence of advisers completing CPD activities; and ensure records are completed and maintained. Financial advisers must complete at least 40 hours of CPD activity in each CPD year. In circumstances where an adviser is working part time ...

Powerwrap launches new adviser service

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAR 2019
Wealth management platform provider Powerwrap launched a new service built to empower and incubate financial advisers and their businesses. Tickr is a turnkey service for wealth adviser groups seeking to establish and grow their own businesses, particularly ...

ClearView defends risk advice commissions

KARREN VERGARA  |  TUESDAY, 26 MAR 2019
... ClearView is countering Commissioner Kenneth Hayne's recommendation to reduce or eliminate commissions financial advisers earn from life insurance products. It is "way too early," ClearView wrote in an email to advisers, to consider tinkering with ...

FASEA confirms CFP recognition

HARRISON WORLEY  |  TUESDAY, 26 MAR 2019
The Financial Adviser Standards and Ethics Authority will recognise those financial advisers holding a Certified Financial Planner accreditation. On Monday, FASEA confirmed those who have completed the Financial Planning Association of Australia's Certified ...

BGL announces new integrations

ELIZABETH MCARTHUR  |  MONDAY, 25 MAR 2019
... industry. Clients of Smarter SMSF generally include professionals working with trustees including accountants and financial advisers. BGL's managing director, Ron Lesh, said: "Smarter SMSF has been part of our ecosystem for a long time. The new service ...

Banks move to derisk, workforces shrink

KANIKA SOOD  |  MONDAY, 25 MAR 2019
... phased out and new education standards are likely to spur an exodus, with research suggesting as many as 30% of financial advisers will either retire or exit the industry in the next three years. This is an abstract of a story first published in the ...