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Showing 271 - 280 of 1020 results for "SoA"

Intiger makes global operations head redundant

KARREN VERGARA  |  MONDAY, 29 JUL 2019
... Flagship software BOOM has rolled out new features, including a new advice request process, API for third-party integration, SOA quality checking system and an improved online fact find.

Chief economist update: Thrilla in Osaka

BENJAMIN ONG  |  TUESDAY, 25 JUN 2019
Financial markets action over the past few days leading up to the June G20 meeting in Osaka - where the main game is between the trade talks between the two biggest economies in the world, the United States and the People's Republic of China - suggests ...

Chief economist update: China and the spring in its step

BENJAMIN ONG  |  THURSDAY, 18 APR 2019
"I glanced out the window at the signs of spring. The sky was almost blue, the trees were almost budding, the sun was almost bright." This quote from American screenwriter and novelist Millard Kaufman came to mind when I read about China's recent ...

Former Millennium3 adviser banned

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 APR 2019
... disclosed fees in percentage terms rather than dollar values, failing to comply with the requirements for a Statement of Advice (SOA). Forster was an authorised representative of now-defunct Breakaway Finance Group from 2012 to 2014. Forster then moved ...

Major advice licensee in possible best interest breach

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2019
... failed to demonstrate compliance with the best interest duty and related obligations. The watchdog found Statement of Advice (SOA) documents used by the group contained heavily templated wording and many files lacked evidence to support adviser recommendations ...

Sunsuper introduces advice fee caps

JAMIE WILLIAMSON  |  THURSDAY, 28 FEB 2019
Sunsuper has introduced financial advice fee caps to combat unnecessary balance erosion, further ensuring the Sole Purpose Test is met. From this week, the $60 billion industry fund has capped the fees payable to a financial adviser via a clients' ...

Local fintech investment soars

KARREN VERGARA  |  TUESDAY, 26 FEB 2019
Australia's fintech industry is catching the interest of international investors and raked in US$600 million of funding last year, according to KPMG analysis. KPMG's 2018 Pulse of Fintech report showed Australian-based Avoka and its sale to ...

Chief economist update: Trump tweets bull market back into China

BENJAMIN ONG  |  TUESDAY, 26 FEB 2019
Two tweets from the US President (only because it couldn't fit in one) were all it took to send China's stocks soaring and turn its market technically from a bear to a bull. China's Shanghai Composite Index spiked 5.6% yesterday after US ...

Chief economist update: The RBI surprises (again)

BENJAMIN ONG  |  MONDAY, 25 FEB 2019
The Reserve Bank of India is full of surprises. When financial markets expected it to raise interest rates, it didn't. When everyone expected interest rates to remain steady, it cut. Recall that back in October 2018, the RBI surprised markets by ...

NAB most distrusted bank in Australia

KANIKA SOOD  |  FRIDAY, 15 FEB 2019
NAB emerged as the most distrusted bank brand in a Roy Morgan survey conducted after the financial services Royal Commission handed down its final report and NAB bosses resigned. In January, Commonwealth Bank had the lowest trust score but after Commissioner ...