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Showing 251 - 260 of 260 results for "Quality of Advice"

ASIC defends AMP FP action

KATE HAGE  |  THURSDAY, 3 AUG 2006
... industry at large need to avoid. "The use of commissions and restrictive product lists were also a danger to the quality of advice," he said, referring to ASIC's AMP surveillance findings last week which found that 300 adviser files were poorly documented ...

ClearView to Coin software for planners

... greatly assist our adviser in helping our clients achieve their retirement goals and provide them with the highest quality of advice." Coin Software is a financial planning system, which includes a web-enabled tool that planners can use to automate a ...

ASIC releases super switching study results but FPA not satisfied

... remembered that the report looks at compliance issues to do with super switching prior to choice, it does not assess quality of advice, even though it refers to conflicts of interest," she adds. The industry body was also worried about the message ASIC ...

Choice of super advice to be evaluated

ASIC has announced it will undertake a nation wide shadow shopping survey to assess the quality of advice being given to consumers as they prepare for their strategies under the choice of superannuation legislation to be introduced on 1 July 2005. The ...

ASIC director leaves to head ACA

... 2003 when they were the relevant spokespersons for their respective groups during the release of the ACA/ASIC Quality of Advice Survey, which slammed the financial planning industry. ASIC has not yet named a replacement for Kell's former position.

ASIC bans Perth investment adviser for 18 months

... schemes. ASIC's investigation commenced after it received a referral following the release of its report into the quality of advice and disclosure provided for primary production managed investment schemes earlier this year. "ASIC expects those who provide ...

ASIC approves Deakin AFS licence

... (FSRA) obligations and the focus on professionalism, significantly enhances the perception of advisers and the quality of advice given to clients." Deakin has developed and implemented an extensive learning programme to assist and ensure that all Deakin ...

Financial planners must raise their game on advice, fees: Morgan

Paul Cully Australia's wealth management industry must improve the quality of advice and transparency of its fee structures to regain the confidence of suspicious consumers, according to Westpac's chief executive officer David Morgan. Addressing a Committee ...

Planners concede need for tighter policing: Adviser Ratings

... prosecution of regulation needs improvement." A further 36% said that the ASIC/ACA report, although scathing of the quality of advice on offer, painted "a fair picture" of the industry. Just over half said that it did not. The survey also revealed concerns ...

Advice fears won't halt 'choice of super': Coonan

... Australian Consumers Association (ACA)/Australian Securities and Investments Commission (ASIC) study into the quality of advice. "The simple fact is that at the moment some people out there are trapped in poorly performing funds chosen by their employer. ...