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Showing 241 - 250 of 670 results for "Small Business"

Growing advice group in commissions fight

ELIZABETH MCARTHUR  |  THURSDAY, 24 OCT 2019
... absorb higher regulatory burdens and secondly, they knew more onerous regulations would force the non-bank aligned small business advisers out of business, thus crushing competition to the banks for both financial planning and mortgage broking," Vagliviello ...

AFCA gets 1450 complaints a week

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
The Australian Financial Complaints Authority has received 1450 complaints every week so far this financial year. This number has AFCA on track to beat its previous record. In July, after six months in operation the authority had received just over ...

Queensland-based AFSL suspended

ELIZABETH MCARTHUR  |  TUESDAY, 10 SEP 2019
... Tribunal. Financial Options is based in the town of Esk in Queensland and appears to be a family owned and operated small business with an emphasis on the financial planning needs of farmers.

Risk commissions must be retained: MetLife

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2019
... National Conference in Adelaide. MetLife head of retail sales Matt Lippiatt revealed three in five consumers and small business owners with life insurance purchased through a financial adviser believe removing life risk commissions would have a detrimental ...

Business savvy needed ahead of FASEA deadline

ELIZABETH MCARTHUR  |  THURSDAY, 29 AUG 2019
... succession planning is going to become more difficult going forward. "Politicians don't realise that most advisers are small business owners. Your business is your super," he said. This is why succession planning is so important for financial advisers ...

Government should intervene in BOLR changes: Opposition

JAMIE WILLIAMSON  |  FRIDAY, 23 AUG 2019
The NSW shadow minister for finance and small business has asked what the state government is doing for advisers facing financial ruin as a result of AMP's plan to change Buyer of Last Resort terms. Speaking in NSW parliament earlier this week ...

Unfair contract terms extended to insurance

KARREN VERGARA  |  FRIDAY, 2 AUG 2019
The Federal Government is extending the unfair contract term regime to insurance contracts. Treasurer Josh Frydenberg said proposed amendments to the Unfair Terms in Insurance Contracts Bill 2019 announced this week is the result of the Coalition taking ...

AFCA looks to expand senior ranks

KRISTI CHENG  |  FRIDAY, 26 JUL 2019
The Australian Financial Complaints Authority is on the hunt for a new chief operating officer. The successful applicant will work with other ombudsmen and senior executives to develop and execute the organisational strategy and initiatives necessary ...

AFCA delivers $83 million win

ELIZABETH MCARTHUR  |  MONDAY, 15 JUL 2019
The Australian Financial Complaints Authority has collected over $83 million for consumers and small businesses in just six months. In its first six months of operations, AFCA received over 35,000 complaints and 60% of those have already been resolved. ...

Facebook to launch own currency

HARRISON WORLEY  |  WEDNESDAY, 19 JUN 2019
The social media giant revealed plans for its first financial services product, a digital wallet and its own cryptocurrency. Facebook is set to launch its own digital wallet in 2020, to allow people to access and participate in the Libra network, Facebook's ...