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Showing 2091 - 2100 of 4389 results for "financial Advice"

Adviser Ratings to predict licensees' quality of advice

JAMIE WILLIAMSON  |  TUESDAY, 31 JUL 2018
Adviser Ratings is proposing a new rating system for Australia's 1800 financial advice licensees that could potentially predict instances of misconduct. The new system, outlined in a new white paper, will see licensees rated in two ways; the first using ...

Former Australian Unity executive joins advice licensee

JAMIE WILLIAMSON  |  FRIDAY, 27 JUL 2018
A financial advice dealer group has added its third former Australian Unity executive this month. Former Australian Unity Personal Financial Services chief executive Steve Davis has joined Infocus Wealth Management in the newly created role of chief ...

MLC refunds $67m in advice fees

KARREN VERGARA  |  FRIDAY, 27 JUL 2018
MLC will cease deducting general financial advice fees from its MasterKey Personal Super products after admitting it did not clearly communicate to members they could opt out of the service. About 305,000 MasterKey Personal Super (MKPS) members will ...

AMP moves to reset business

JAMIE WILLIAMSON  |  FRIDAY, 27 JUL 2018
... fees on its flagship MySuper products and expediting $290 million in compensation to customers that received bad financial advice. Reflecting plans for the simplification of its superannuation product offering, AMP said it will implement pricing reductions ...

Super enters new digital advice realm

HARRISON WORLEY  |  THURSDAY, 26 JUL 2018
... advice capability delivered on Link's goal to make advice more accessible to more people. "Our goal is to make financial advice more personal and accessible for all Australians. Digital advice can boost retirement outcomes by giving people access ...

Grandfathered commission debate an overreaction: AFA

JAMIE WILLIAMSON  |  THURSDAY, 26 JUL 2018
... grandfathered commissions is an "overreaction", with trail commissions contributing little to the overall income of financial advice practices in reality. Addressing delegates at the 2018 Association of Financial Advisers' National Roadshow in Sydney ...

BTFG will pay back grandfathered commissions to customers

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
... independent businesses and will work to choose the best way to pay the commissions back to clients. On June 20, BT Financial Advice announced it would scrap grandfathered commissions on 140,000 customer accounts at a $40 million blow to its full-year ...

Industry fund grows advice access

HARRISON WORLEY  |  WEDNESDAY, 25 JUL 2018
... strategy through the launch of an e-advice capability. From today (July 25), Media Super is introducing its new financial advice capability within a refreshed version of its member website. It will allow more than 80,000 Australians to estimate the impact ...

PPS Mutual creates state manager role

KARREN VERGARA  |  TUESDAY, 24 JUL 2018
... understanding and adopting PPS Mutual's value proposition. She brings to the role extensive knowledge of financial advice businesses and issues facing advisers. Her experience in wealth and financial advice spans 13 years, having worked at TAL as ...

Advice firm partners for lending expertise

JAMIE WILLIAMSON  |  TUESDAY, 24 JUL 2018
A boutique financial advice business is expanding its service offering by way of a strategic alliance with a Sydney-based brokerage firm. Cardena Private Wealth and Thyme Financial Group are joining forces to provide Cardena clients with access to specialist ...