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Showing 2251 - 2260 of 4389 results for "financial Advice"

FOS submission points finger at advisers

JAMIE WILLIAMSON  |  MONDAY, 5 MAR 2018
... or grossly negligent conduct and willful breaches of the law. Despite this, the proportion of investments and financial advice disputes accepted by FOS over the last decade only account for 5% of the total. The most common issues cited being the provision ...

ASIC hits former Westpac, NAB, YBR adviser with permanent ban

ALEX BURKE  |  MONDAY, 5 MAR 2018
... money had been loaned to him and the rest was a gift from the client; it was to be used in launching his own financial advice business. ASIC said Khan did not ensure his client had obtained independent advice with regards to the "loan" or the "gift" ...

Netwealth offloads advice subsidiary

KARREN VERGARA  |  FRIDAY, 2 MAR 2018
Australian Unity will acquire a Netwealth financial advice firm with $550 million in funds under advice. Bridgeport Financial Services has nine advisers and was established in 1999. Australian Unity chief executive officer of wealth and capital markets ...

ASIC to target non-compliant advisers and AFSLs

JAMIE WILLIAMSON  |  THURSDAY, 1 MAR 2018
... on fees for no service, ASIC will also be taking action on those failing to deliver ongoing advice services to financial advice customers paying for such services. The watchdog outlined that instances in which licensees claiming to provide only general ...

ClearView appoints head of distribution strategy

ALEX BURKE  |  WEDNESDAY, 28 FEB 2018
... will work with ClearVIew's product, operations and marketing teams to enhance communications strategies in the financial advice market. "For the past four years, Kathryn has excelled as state manager NSW/ACT, building and managing a high calibre team ...

Decimal announces key super fund contracts

DARREN SNYDER  |  TUESDAY, 27 FEB 2018
Digital financial advice provider Decimal has renewed its partnership with a $72 billion industry superannuation fund; rolled out its Eqilize solution at an $8 billion industry fund; and signed a pilot contract with a "major diversified bank." The ASX-listed ...

ASIC bans former NAB, Westpac adviser

KARREN VERGARA  |  TUESDAY, 27 FEB 2018
... ASIC determined Ramsay failed to act in the best interests of client and his banning will be recorded in the Financial Advice Register. He has the right to appeal to the Administrative Appeals Tribunal to review ASIC's decision. Ramsay's case is among ...

2018: The year of scaled advice

JAMIE WILLIAMSON  |  TUESDAY, 27 FEB 2018
The scaled financial advice offering at a $66 billion industry superannuation fund is experiencing significant growth due to increased demand from younger members. According to UniSuper, demand for its scaled advice offering has increased more than ...

Is risk advice at risk?

JAMIE WILLIAMSON  |  TUESDAY, 27 FEB 2018
The head of one of Australia's largest non-aligned financial advice dealer groups is arguing new education requirements could kill life insurance advice and recent research suggests the discipline may already have one foot in the grave. Synchron director ...

HUB24 reports record first half

JAMIE WILLIAMSON  |  MONDAY, 26 FEB 2018
... institutionally-aligned dealer groups, increased adoption of managed accounts and the ongoing convergence of stockbroking and financial advice as major growth opportunities. "Our investment in people, product and technology is delivering shareholder ...