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Showing 251 - 260 of 686 results for "Small business"

Latitude Financial joins banks on AFCA complaints list

ALLY SELBY  |  MONDAY, 13 JAN 2020
Latitude Financial Group has joined the big four banks and a number of insurers as the most complained about financial services companies in the country. It comes after a particularly bad year for Latitude; suffering what has been deemed the biggest ...

Chief economist update: Australia burns

BENJAMIN ONG  |  MONDAY, 6 JAN 2020
What could have been a good start to the New Year for financial markets - the US and China are set to sign the "phase one" trade deal agreement on January 15 and Brexit has become less uncertain - marred by renewed war (the real war) tensions between ...

No joy in the advice world this Christmas

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 DEC 2019
... conference was that any one of these conditions are red flags that the mental health of a financial adviser and small business owner might be affected," said Kristine Brooks, chief distribution officer, Zurich Life and Investments. "Any adviser impacted ...

Tropical theme Ponzi scheme busted

ELIZA BAVIN  |  FRIDAY, 22 NOV 2019
Small business owners and seniors in Florida have been the victim of a tropical themed Ponzi scheme that is now under investigation by the US Securities and Exchange Commission. The SEC announced that it has filed an emergency action and obtained a ...

Advice practices urged to contact ombudsman

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 NOV 2019
The Australian Small Business and Family Enterprise Ombudsman Kate Carnell is calling on small business financial advice practices to share their experiences. Carnell wants to hear from those small and family enterprises being pushed out by financial ...

Labor supports FASEA extension, confusion remains

ELIZABETH MCARTHUR  |  MONDAY, 28 OCT 2019
A financial adviser told Financial Standard he recently approached his local Labor member to ask that the party support the extension to the FASEA deadline, only to find it already does. Terry Pinnell, a financial adviser and chair of the Ethical Advisers' ...

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 ...