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Showing 201 - 210 of 273 results for "Statement of Advice"

FPA calls on ASIC for clearer advice definitions

LINDA HAUSKEN  |  WEDNESDAY, 2 MAY 2012
... FPA members called for further clarification particularly in specific areas including what to include in a Statement of Advice (SoA) and how to best assess and disclose scope of advice. "We know that it's not easy to determine objective measures for ...

Advisers should focus on cost of advice

BEN COLLINS  |  THURSDAY, 26 APR 2012
... "Low to mid value clients will not necessarily appreciate an adviser taking five plus hours to generate a Statement of Advice. They will have other avenues to get basic advice that will be much cheaper than the traditional high-cost approach." O'Sullivan ...

CFP adviser offers ASIC EU

ELISE BURGESS  |  THURSDAY, 5 APR 2012
... allocations far above the recommended asset allocation for client risk profiles. Baker also failed to provide a Statement of Advice to clients or include a replacement product advice record in a Statement of Advice. As a result, Baker will not provide ...

Retail advice industry needs new models

MELANIE TIMBRELL  |  WEDNESDAY, 1 FEB 2012
... superannuation fund products that switched to industry funds came through a planner. The next step then is to link the statement of advice (SOA) software and the transaction system of the platform for implementation. "Ideally you want to tie this offering ...

Planning software's big five rated

ELISE BURGESS  |  TUESDAY, 13 SEP 2011
... while AdviserNETgain also rated well. Of particular note was Investment Trends assessment of comprehensive statement of advice (SoA) production with the average adviser still taking six hours and 42 minutes to produce one SoA with COIN users 15% producing ...

SMSFs could use email for SuperStream

ALISON BEVEGE  |  THURSDAY, 11 AUG 2011
... and industry funds to just sell it through a website. Smith said the adviser wouldn't have to worry about a statement of advice or product disclosure statement, they could just put up a few websites and show them to the client. The question drew a lot ...

Advisory firm directors may challenge ASIC ban

ALISON BEVEGE  |  THURSDAY, 7 JUL 2011
... equity return agreement between Seagrims and Astarra, and money received for advertising, failing to give a statement of advice to a client when recommending the client switch funds and failing to make reasonable inquiries about a client's personal circumstances. ...

ASIC accepts EU from Kilara Financial Solutions

ELISE BURGESS  |  MONDAY, 27 JUN 2011
... before recommending a switch, did not consider clients own personal circumstances and failed to provide a Statement of Advice document in some cases. As such, the planning group has offered to take on an independent consultant for 13 months who will ...

van Eyk calls for pay for ratings disclosure

PRESS RELEASE  |  FRIDAY, 17 JUN 2011
... years in the form of annual disclosure statements, any related payments for product ratings listed in the Statement of Advice should also be disclosed," said van Eyk CEO Mark Thomas. "This would be akin to a wealth warning to unsuspecting investors whose ...

Equipsuper builds intra-fund advice

ELISE BURGESS  |  TUESDAY, 14 JUN 2011
... advice model, creating the Member Adviser service where super members can seek limited financial advice and a statement of advice for a one-off fee of $75. Equipsuper's 54,000 members can now access general, intra-fund and personal advice through its ...