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Showing 221 - 230 of 260 results for "Quality of Advice"

ASIC cancels national planning firm's license

MARK SMITH  |  THURSDAY, 7 FEB 2013
... Commissioner Peter Kell. "AAA Financial Intelligence was found to have an appalling record that put at risk the quality of advice it provided to retail clients." He added: "The cancellation of AAA's license demonstrates ASIC's commitment to ensuring ...

Advisers failing to engage disillusioned consumers

MARK SMITH  |  THURSDAY, 1 NOV 2012
The advisory community is falling short of its need to engage the hordes of consumers disillusioned by subdued sentiment and negative press, a panel of industry experts has said. Speaking at the annual AFA National Conference on the Gold Coast last ...

National exam to raise quality of advice

LINDA HAUSKEN  |  FRIDAY, 29 JUN 2012
... with, industry," said Greg Medcraft, chairman of ASIC. "Continuing our consultative approach to improving the quality of advice provided to retail investors is a priority," he added. The corporate watchdog believes a self-regulatory model, when implemented ...

FPA calls on ASIC for clearer advice definitions

LINDA HAUSKEN  |  WEDNESDAY, 2 MAY 2012
... research, both for ASIC and for your industry, was that many consumers were not well equipped to assess the quality of advice they received. "In one sense this is not surprising - consumers are rarely experts when it comes to complex financial issues ...

Franklin Templeton plans retail growth

CLAIRE MCGREAL  |  THURSDAY, 8 MAR 2012
... has a very strong growth profile. "In terms of the size of the industry, increasing super contributions, the quality of advice- we think of all those things point to an ever growing and successful industry," he explains. McKay said Franklin Templeton ...

FOFA provisions will go ahead: PJC

ELISE BURGESS  |  THURSDAY, 1 MAR 2012
... the next two years. For post-implementation, the committee recommended Treasury work with ASIC to monitor the quality of advice on the sale of risk insurance inside and outside superannuation and any market distortions that may occur. The report also ...

Conflict of interest still key issue: ASIC shadow shop

CLAIRE MCGREAL  |  TUESDAY, 21 FEB 2012
... its latest shadow shop research on financial advice. The results of the 2011 survey, carried out to test the quality of advice given to consumers in or nearing retirement, are due to be released in the "next little while" according to John Price, ASIC ...

ASIC questioned over new powers

ELISE BURGESS  |  WEDNESDAY, 25 JAN 2012
... "poor". The remaining 61% were graded as "adequate" by a panel. "There is a clear need for an improvement in the quality of advice and a reduction in the conflicts of interest in this industry." Kell said the latest survey has shown disappointingly high ...

FOFA Tranche 2 reforms tabled in Parliament today

ELISE BURGESS  |  THURSDAY, 24 NOV 2011
... Review that insurance commissions within superannuation be prohibited as they have the potential to affect the quality of advice and the findings of ASIC shadow shopping surveys that illustrate that in case of poor advice, over half involved poor life ...

SPAA board appoints new member

ELISE BURGESS  |  THURSDAY, 24 NOV 2011
... experience from building her own practice, means the SPAA Board will be well equipped to continue to improve the quality of advice in the industry," said Sharyn Long SPAA chairman. "Carolyn's background in financial services industry education and training ...