Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 261 - 270 of 4655 results for "financial advisers"

Advice bodies want efficiency, long-term solutions from Mulino

KARREN VERGARA  |  WEDNESDAY, 14 MAY 2025
... urgently address the issues with the CSLR, which result in unfair and inappropriate allocation of costs to financial advisers, and ultimately increase costs and reduce accessibility of advice for all Australians. The Financial Advice Association Australia ...

NAB MySuper class action settlement approved

JAMIE WILLIAMSON  |  WEDNESDAY, 14 MAY 2025
... in 2016. It was alleged members were left idling in products that attracted higher fees and commissions to financial advisers that would have been banned in a MySuper option. The action alleged the delay impacted about $6.8 billion in accrued default ...

HESTA members to keep paying fees as disruption continues

ELIZA BAVIN  |  MONDAY, 12 MAY 2025
... spokesperson said the move is "expected to help keep costs down in the long-term for members". Still, members and financial advisers have been left frustrated. "I have seen large back office overhauls many times in my career, it's never involved ...

Former financial adviser charged in alleged $160k super fraud case

ANDREW MCKEAN  |  FRIDAY, 9 MAY 2025
... deception. He was granted conditional bail to appear at Blacktown Local Court on June 16. According to the Financial Advisers Register, Popal first provided financial advice in 2004 and was previously an authorised representative for Alpha Investment ...

Reducing super tax cap to $2m 'a concern': FAAA

ELIZA BAVIN  |  FRIDAY, 9 MAY 2025
... that allows large superannuation funds to deduct advice costs from member accounts - a luxury not available to financial advisers, who must charge clients directly and meet strict disclosure requirements." Burgess warned that the model risks entrenching ...

BlackRock takes stake in Generation Life parent company

ANDREW MCKEAN  |  THURSDAY, 8 MAY 2025
... retirement income through innovation, continuing to build market-leading solutions, while also creating value for financial advisers and shareholders. "This strategic alliance validates our proven track record and builds on the strong momentum Generation ...

FAAA calls for stronger consumer protections in advice reforms

ANDREW MCKEAN  |  WEDNESDAY, 7 MAY 2025
... excluded from any definition of simple advice," it said. The association also called for allowing professional financial advisers to demonstrate professional judgement, rather than follow prescriptive and restrictive checklists. It noted that despite ...

Labor wins: What super, advice industries want

ELIZA BAVIN  |  MONDAY, 5 MAY 2025
... great outcomes for their clients," Abood said. "We continue to urge the government to fix the CSLR so that financial advisers are not unfairly burdened by the cost of product failures. A cap on the advice levy and a more equitable funding model are essential." ...

Adviser numbers jump in March quarter: Rainmaker

KARREN VERGARA  |  FRIDAY, 2 MAY 2025
The March quarter saw a jump in the number of financial advisers in Australia, reaching 15,546, according to Rainmaker Information. During the three months, 228 advisers joined the industry, according to the latest Rainmaker Financial Adviser report. ...

GROW Inc. names new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 1 MAY 2025
... Services - formerly Link Group - to GROW Inc. has been a point of serious contention for HESTA members and financial advisers of late, with the fund having implemented an extensive limited services period of seven weeks. HESTA ended its relationship ...