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Showing 2221 - 2230 of 5855 results for "Profession"

ClearView defends risk advice commissions

KARREN VERGARA  |  TUESDAY, 26 MAR 2019
ClearView is countering Commissioner Kenneth Hayne's recommendation to reduce or eliminate commissions financial advisers earn from life insurance products. It is "way too early," ClearView wrote in an email to advisers, to consider tinkering with ...

FASEA confirms CFP recognition

HARRISON WORLEY  |  TUESDAY, 26 MAR 2019
The Financial Adviser Standards and Ethics Authority will recognise those financial advisers holding a Certified Financial Planner accreditation. On Monday, FASEA confirmed those who have completed the Financial Planning Association of Australia's Certified ...

Federal Court shuts down Linchpin and Endeavour Securities

KARREN VERGARA  |  TUESDAY, 26 MAR 2019
ASIC has helped put Endeavour Securities and Linchpin Capital Group into liquidation. The Federal Court also ordered the registered scheme operated by Endeavour and the unregistered scheme operated by Linchpin - both called the Investport Income Opportunity ...

New ethics test for bankers

KANIKA SOOD  |  MONDAY, 25 MAR 2019
The Financial Services Institute of Australasia entered into an agreement to introduce an ethics test for Australian bankers and securities markets professionals. The test has been developed in partnership with the Chartered Institute for Securities ...

BGL announces new integrations

ELIZABETH MCARTHUR  |  MONDAY, 25 MAR 2019
The provider of ASIC corporate compliance solutions and SMSF administration announced new integrations. In what BGL says is an "industry first", the company announced an integration with Smarter SMSF which will allow CAS 360 and Simple Fund 360 clients ...

Banks move to derisk, workforces shrink

KANIKA SOOD  |  MONDAY, 25 MAR 2019
Australian employment figures and economic outlook could take a hit as major banks move to derisk their businesses by hiving off wealth and financial advice businesses. Westpac has announced it is exiting personal financial advice. Commonwealth Bank ...

Former Apple exec links with AMP Capital

HARRISON WORLEY  |  FRIDAY, 22 MAR 2019
AMP Capital hired a former Apple operations executive as a senior adviser in its infrastructure equity business. Thomas Preising has joined AMP Capital, as the firm begins an effort to streamline and enhance the operations of its global infrastructure ...

Women lead superannuation fund engagement

KARREN VERGARA  |  THURSDAY, 21 MAR 2019
While the majority of members are not engaged with their superannuation, women are taking the lead and contributing more to their nest egg, new Vanguard Australia research suggests. Vanguard's 2019 How Australia Saves research, which analysed data on ...

AFA takes red pen to Hayne report

HARRISON WORLEY  |  WEDNESDAY, 20 MAR 2019
... ongoing, must be approved by the client, in writing, otherwise it can't be paid. "Their opinion of the financial advice profession is disturbing." Anderson said despite the AFA's many submissions and suggestions, the Royal Commission simply didn't take ...

Industry fund chief executive to depart

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2019
The long-serving chief executive of an industry superannuation fund is stepping down and the hunt is on for a replacement. REI Super chief executive Mal Smith will leave the $1.5 billion fund later this year, choosing not to pursue another contract ...