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| | | A former financial adviser accused of stealing millions from clients will finally face court after being extradited back to Australia from New Zealand. Marion Pearson allegedly stole $4.1 million from 13 clients between January 2009 and October 2013. ... |
| | | | Betashares is bringing another exchange-traded fund (ETF) to its lineup, marking its third addition this month. The Betashares MSCI Emerging Markets Complex ETF (ASX: BEMG) - available on the ASX from August 25 - will provide investors with access to ... |
| | | | ... cold calling outfits get people to agree to talk to someone else. Thus, they get consent for someone, either a financial adviser or other, to talk to the client," Anderson explained. "Thus, the removal of the anti-hawking exemption for financial advisers ... |
| | | | ... insurance, and misleading and deceptive or unconscionable behaviour. One example cited by ASIC was a report of a financial adviser that obtained the signature of a client with dementia across multiple investment documents. The client did not fully understand ... |
| | | | A new Praemium study found that managed accounts are slowly becoming an essential tool for local financial advisers. According to the survey, 62% of financial advisers currently used managed accounts, an increase from about 59% earlier this year, and ... |
| | | | HUB24 achieved close to $20 billion in inflows in FY25 and reported a 68% increase in profit. Released today, HUB24's annual results show the platform had $19.8 billion in inflows over the year, $4 billion of which came from large migrations. In the ... |
| | | | ... since 2018. "There have also been concerning increases in rates of disputes involving policies sold through a financial adviser," ASIC said. ASIC therefore wants life insurers to improve in four key areas to be "in a better position to demonstrate their ... |
| | | | Gold Coast-based financial adviser Andrew Rankin has been banned for four years for failing to act in clients' best interests by pushing them to invest in the Global Capital Property Fund (GCPF) and Pivotal Diversified Fund. The banning took effect ... |
| | | | ... comprising Fiducian funds and managed accounts, 30 external managed funds, shares and term deposits tailored to financial adviser and client demands." Currently, there are 66 external financial advisers or IFAs that have registered with Fiducian, of ... |
| | | | Flaws in Delivering Better Financial Outcomes (DBFO) Tranche 1 has inundated financial advisers with angst and more administrative work thanks to confusion surrounding account number inclusion in consent forms, according to the Financial Advice Association ... |
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