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Showing 2121 - 2130 of 4389 results for "financial Advice"

CBA, ANZ told to clean up superannuation distribution

KANIKA SOOD  |  FRIDAY, 6 JUL 2018
... investigation comes as a part of its October 2014 Wealth Management Project. It focuses on the conduct of the largest financial advice firms in Australia, identified as NAB, Westpac, CBA, ANZ Macquarie and AMP. Updates with CBA, ANZ response 3:10pm

Dover advisers turn orphans

JAMIE WILLIAMSON  |  FRIDAY, 6 JUL 2018
... client protection policy formed a large part of McMaster's grilling at the Royal Commission's inquiry into financial advice earlier this year. Counsel Assisting Mark Costello labelled the policy "Orwellian" in that it actually only served to ...

HSBC quietly exits financial advice

KARREN VERGARA  |  THURSDAY, 5 JUL 2018
HSBC Australia is shuttering its retail financial advice division. The closure follows a strategic review and HSBC Australia did not disclose how many staff members are affected. A HSBC spokesperson said: "We have ceased offering retail financial planning ...

FASEA must recognise all prior learning: FPA

JAMIE WILLIAMSON  |  THURSDAY, 5 JUL 2018
... standards. As such, the association is advocating for FASEA to consider past and relevant education specific to financial advice higher than the minimum RG146 standard. In addition, the FPA has recommended FASEA recognise the significant study undertaken ...

Trade-off needed on existing adviser standards: Fox

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUL 2018
... sufficient supply of competent advisers remain to service the five million Australians that currently receive financial advice - potentially in addition to the 80,000 more Australians predicted to retire by 2024. Fox said his biggest fear is that FASEA ...

Dover AFSL cancelled, McMaster exits industry

JAMIE WILLIAMSON  |  FRIDAY, 29 JUN 2018
... CEU, Dover will cease operating from this date. The closure will see more than 400 advisers unable to provide financial advice to more than 20,000 clients.

ASIC slams SMSF advice, flags further education reform

JAMIE WILLIAMSON  |  FRIDAY, 29 JUN 2018
ASIC will pursue further education requirements for financial advisers in a damning report showing 90% of financial advice provided in establishing self-managed superannuation funds is non-compliant. Reviewing 250 client files from 102 different AFSLs ...

CIPR framework timely but questions remain

KARREN VERGARA  |  THURSDAY, 28 JUN 2018
... covenant. But issues that must be considered include the complex nature of individual financial circumstances and the financial advice needed in choosing a CIPR product. KPMG highlighted in its submission the Government proposes the trustee will provide ...

Australian Unity creates IFA leadership role

JAMIE WILLIAMSON  |  WEDNESDAY, 27 JUN 2018
... chief executive of Count Financial is taking on a newly-created leadership role within Australian Unity's financial advice business. Michael Csavas is joining Australian Unity as general manager, self-employed advice; a new role that will contribute ...

Wealth fintech partners with Milliman

KANIKA SOOD  |  WEDNESDAY, 27 JUN 2018
... has struck a partnership to use Milliman's data expertise in developing its white label digital engagement and financial advice solutions. The two have started work on building advice solutions, with artificial intelligence, machine learning and data ...