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Showing 2171 - 2180 of 4389 results for "financial Advice"

Fees for no service an old issue: AMP

DARREN SNYDER  |  FRIDAY, 4 MAY 2018
... representations to ASIC have also been overstated. The 28-page response also includes AMP unreservedly apologising for its financial advice failings in respect of service delivery to customers; and its extensive action aims to ensure "these issues never ...

WA Super names advice GM

KANIKA SOOD  |  FRIDAY, 4 MAY 2018
... Seven years after joining the fund, he moved into the client services role, where he was responsible for managing financial advice, member education, the client contact centre, business development and product and marketing. He is a graduate of the Australian ...

Macquarie platform, wrap businesses soar

KARREN VERGARA  |  FRIDAY, 4 MAY 2018
... hand doubled its FUM to $1.1 billion. Macquarie categorises its wrap platforms, superannuation, investment and financial advice, and cash management, private banking and stockbroking businesses under Banking and Financial Services (BFS). It services ...

UniSuper establishes on-campus footprint

HARRISON WORLEY  |  THURSDAY, 3 MAY 2018
... members are showing a clear preference for face-to-face advice. This is the case for both complex comprehensive financial advice as well as with scaled advice, where a member is only looking for advice on one or two specific financial issues," McCartney ...

Life insurance regulation needs government backing: Poll

KARREN VERGARA  |  WEDNESDAY, 2 MAY 2018
... they also acknowledged that it needs more work. When it comes to the dynamics between life insurance and the financial advice sector, participants said adviser remuneration and standards need reforms to improve outcomes for customers. Many (56%) believed ...

Uncertainty abounds future of advice regulation

JAMIE WILLIAMSON  |  TUESDAY, 1 MAY 2018
Testimony provided to the Royal Commission by key financial advice associations and the corporate regulator raised concerns as to the organisations' efficacy in identifying and penalising misconduct. In closing the Royal Commission's inquiry into financial ...

Royal Commission to drive independent advice market: GlobalData

KANIKA SOOD  |  MONDAY, 30 APR 2018
... following the Royal Commission, according to GlobalData. Customers will become more discerning in their choice of financial advice; even the demographics not typically drawn to independent advice are more likely to turn towards independent advisers when ...

AMP becomes class action target

DARREN SNYDER  |  MONDAY, 30 APR 2018
... biggest investor class actions. "Not only did senior executives admit AMP had been charging significant fees for financial advice services it did not provide, but they also admitted the bank tried to conceal these practices by repeatedly telling ASIC ...

RC suggests separating platforms and advice licensees

ALEX BURKE  |  MONDAY, 30 APR 2018
One of the key points made by Senior Counsel Assisting Rowena Orr at the end of the financial advice Royal Commission was that vertical integration of advice licensees and platform providers carries systemic risk. Orr said that licensees using approved ...

Brenner leaves AMP

JAMIE WILLIAMSON  |  MONDAY, 30 APR 2018
... any wrongdoing over the preparation of a Clayton Utz report. In the wake of the Royal Commission's inquiry into financial advice, Brenner has left the organisation and acting chief executive Mike Wilkins will serve in her stead until a permanent replacement ...