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Showing 2581 - 2590 of 4389 results for "financial Advice"

IOOF profits slide across all key businesses

ALEX BURKE  |  WEDNESDAY, 15 FEB 2017
... was followed by trustee services, impacted by a "major IT upgrade," whose profit fell 12.2% to $2.9 million. Financial advice and distribution fell by 10% to $36 million, and investment management fell 2.9% to $15 million. According to managing director ...

Ignition Wealth launches goals-based investing

EMMA RAPAPORT  |  WEDNESDAY, 15 FEB 2017
... services businesses which are inherently consumer-first," Jacques said. "Ignition Wealth, as an innovative digital financial advice business, is a perfect fit for the SiResearch pioneering goal-based investment solution." The full suite of investment ...

Distrust is super's biggest challenge

JAMIE WILLIAMSON  |  WEDNESDAY, 15 FEB 2017
... investors have the highest levels of distrust in the system, with 41% highlighting this as the reason they don't seek financial advice from an adviser or financial institution, nor sacrifice additional contributions. Speaking at the 2017 SMSF Association ...

Mercer partners for robo-advice

JAMIE WILLIAMSON  |  TUESDAY, 14 FEB 2017
... customer officer Cambell Holt said that the need to use technology as a means of engaging members and providing financial advice to those who don't currently seek it was a key driver in the decision to partner with Decimal. "Digital advice isn't about ...

Landmark advice reforms pass Senate

EMMA RAPAPORT  |  FRIDAY, 10 FEB 2017
... Advisers Under the reforms, a commonwealth standards body will be created to govern the professional standing of the financial advice sector. The body will set the educational requirements, develop and set the exam and create a uniform Code of Ethics. ...

Advice licensees must think digital

DARREN SNYDER  |  THURSDAY, 9 FEB 2017
The need for financial advice licensees to increase digital and social media education was uncovered in the latest industry survey. The survey of 153 advisers showed only 12.8% believed their licensee was providing adequate education when it came to ...

House passes professional standards bill

EMMA RAPAPORT  |  WEDNESDAY, 8 FEB 2017
... advisers. "Over time, repeated instances of inappropriate advice have led to a reduction in consumers' trust in the financial advice industry," O'Dwyer said during a reading of the Bill. "Reduced trust acts as a barrier to consumers seeking financial ...

CBA to pay $23 million for poor advice

JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2017
... Bank will pay at least $23 million in compensation to customers found to have received inappropriate and costly financial advice. Promontory Financial Group confirmed it has completed all assessments of Commonwealth Financial Planning and Financial Wisdom ...

Infocus scores exclusive referral to 450 offices nationwide

ALEX BURKE  |  MONDAY, 6 FEB 2017
Infocus Wealth Management planners will deliver financial advice to over 450 offices throughout Australia via an exclusive referral arrangement with a global accounting firm. NYSE-listed H&R Block, which opened its doors in Australia in 1971, employs ...

Financial advisers losing communication battle

EMMA RAPAPORT  |  MONDAY, 6 FEB 2017
... appointed Morningstar chief executive Kunal Kapoor told reporters that one of the biggest issues facing the future of financial advice is a communication breakdown between advisers and clients. "It's not just about simple stocks and bonds anymore - there ...