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Showing 2051 - 2060 of 4389 results for "financial Advice"

ASIC takes Dover, McMaster to court

JAMIE WILLIAMSON  |  MONDAY, 17 SEP 2018
... clients. The policy sought to protect the interests of Dover's and its advisers, avoiding liability for poor financial advice, ASIC said. In its action against Dover and McMaster, ASIC highlighted numerous policy clauses. One such clause reads: "You ...

Instant asset write off extended

HARRISON WORLEY  |  THURSDAY, 13 SEP 2018
Financial advice and planning businesses are set to receive a boost with the extension of the Federal Government's $20,000 instant asset write off legislation passing through the Senate. Part of the Government's economic agenda to introduce tax cuts ...

BTFG faces possible union action

JAMIE WILLIAMSON  |  WEDNESDAY, 12 SEP 2018
The Finance Sector Union is planning urgent workplace meetings and teleconferences with BT Financial Advice employees impacted by a planned restructure of BT Financial Group's advice offering. Last week BT Financial Group told Financial Standard ...

Aussies want advice, as long as it's cheap: Research

HARRISON WORLEY  |  TUESDAY, 11 SEP 2018
... from ING - conducted in conjunction with Rice Warner - shows financial advisers are the most trusted source of financial advice across all generations. Interestingly, the two youngest generations seem to hold the most faith in advisers, with more than ...

How much your advice business will be worth in 2023

KANIKA SOOD  |  TUESDAY, 11 SEP 2018
What multiple will financial advice businesses sell at five years from now, and could implementing managed accounts boost their acquisition value? That's a question that Managed Accounts Holdings head of distribution and marketing Tony Nejasmic sparked ...

Life insurers admit to misconduct: Royal Commission

HARRISON WORLEY  |  MONDAY, 10 SEP 2018
... mentioned over insurance rewriting, which the commission first heard of in the second round hearings covering financial advice. The practice involves authorised representatives recommending a client cancel their existing AMP life insurance policy and ...

BT Financial Group proposes advice restructure

JAMIE WILLIAMSON  |  FRIDAY, 7 SEP 2018
... financial advisers, with plans to discontinue the Virtual Advice offering - resulting in significant redundancies. BT Financial Advice has proposed the scrapping of its virtual advice initiative - formerly known as Wealth Connect - with all team members ...

MLC, NULIS in court over $100m in illegitimate fees

JAMIE WILLIAMSON  |  THURSDAY, 6 SEP 2018
... Nominees and NULIS today in relation to the significant advice fees charged to superannuation members despite no financial advice being provided. ASIC alleges NULIS and MLC Nominees - the current and former super trustee of NAB - misled members of MLC ...

UK adviser competency to be re-evaluated

JAMIE WILLIAMSON  |  THURSDAY, 6 SEP 2018
... to identify areas of strength and weakness in technical knowledge and its application that underpins suitable financial advice, the FCA said. While it is not mandatory, the FCA is encouraging all advice firms to implement the testing as it may use it ...

Managed accounts could outstrip super sector on CIPRs

KANIKA SOOD  |  WEDNESDAY, 5 SEP 2018
New retirement income products from the financial advice space could arrive sooner than those from superannuation funds but there is still a long wait for both, according to State Street Global Australia. In its May budget, the Federal Government said ...