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Showing 2211 - 2220 of 4389 results for "financial Advice"

Aged care becomes critical for advisers

DARREN SNYDER  |  TUESDAY, 17 APR 2018
Financial advice practices are waking to the idea that specialist aged and disability care advisers will become necessary for any planning business to thrive in coming decades. Mentor Education founder and director Mark Sinclair said the advice industry ...

Advice not yet a real profession: Kell

ALEX BURKE  |  TUESDAY, 17 APR 2018
In his statement to the Royal Commission, ASIC deputy chair Peter Kell argued financial advice is not yet a profession. Kell told Special Counsel Assisting Rowena Orr that while there are professionals in the industry, "we do not view the industry as ...

Trustee services provider buys advice group

JAMIE WILLIAMSON  |  TUESDAY, 17 APR 2018
... trustee business linked to several of Australia's newest superannuation funds has acquired a non-aligned boutique financial advice group. As part of its ongoing expansion strategy, Trustee Partners has acquired Madison Financial Group from PHAROS Financial ...

Banks put revenue above quality advice: FSU

ALEX BURKE  |  MONDAY, 16 APR 2018
... FSU national secretary Julia Angrisano said. "The only real difference is the cultural and systemic problems in financial advice can have more severe consequences for customers than perhaps was seen in some of the case studies in round one," she said. ...

Social media singles out ASIC in Royal Commission coverage

ALEX BURKE  |  MONDAY, 16 APR 2018
... commentators during the first round of hearings for the Royal Commission into Australia's biggest providers of financial advice. Commentators on Twitter were broadly critical of ASIC's attempts to police and regulate financial advice; the general sentiment ...

AMP's buyer of last resort measures scrutinised

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... preference for its in-house platforms. Giving evidence on the first day of the Royal Commission's inquiry into financial advice, AMP group executive, advice and New Zealand Anthony Regan admitted the BOLR policy held by AMP between 1 July 2012 and 30 ...

AMP executive 'apologises' for advice failings

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... appearance at the Royal Commission public hearing to apologise on behalf of the group for failings in the provision of financial advice. In questioning AMP group executive, advice and New Zealand Anthony Regan, Senior Counsel Assisting Michael Hodge ...

Commonwealth Bank refunding millions in fees for no service

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... Counsel Assisting Rowena Orr said between July 2007 and June 2015 clients of Commonwealth Financial Planning, BW Financial Advice and Count Financial were charged ongoing fees for advice without receiving advice. In its submissions CBA said that as at ...

ANZ issues last minute RC submission correction

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... correction to its submissions to the Royal Commission over the weekend ahead of the next fortnight's hearings on financial advice. Senior Counsel Assisting Rowena Orr said the Royal Commission was provided with a correction by ANZ on Sunday as to errors ...

SMSFs investing restrictions unfair: Poll

KARREN VERGARA  |  MONDAY, 16 APR 2018
... LRBAs, the Government said. This week, we aim to find out: Will the Royal Commission fundamentally transform financial advice and result in more red tape for the industry?