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Showing 281 - 290 of 829 results for "Advice Business"

Industry veterans launch dealer group

ALLY SELBY  |  MONDAY, 17 AUG 2020
Two advice industry stalwarts have launched a new dealer group promising to save advisers time and money. Finchley & Kent opened for business on July 1 after four years of development by co-founders Sam El Shammaa and Phil Alexander. While they acknowledge ...

IOOF divests Australian Ethical

ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
... interests of super members over a long period. In 2018 Australian Ethical divested AMP over revelations about AMP's advice business that emerged during the Royal Commission. It cited fees for no service, failure to reprimand dishonest advisers and remediate ...

Advice firm partners with mortgage aggregator

ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
... Mortgage Solutions (FAMS). FAMS said the new business will bring together everything a professional financial advice business needs to deliver debt advice and mortgage broking. "Client value needs to be proven more than ever and advice will need to go ...

CBA ups remediation bill for advice

ELIZA BAVIN  |  THURSDAY, 30 JUL 2020
The Commonwealth Bank of Australia has announced an extra $300 million has been added to its remediation bill in relation to ongoing service fee and customer remediation costs. CBA said it is constantly addressing the full range of remediation issues ...

Advisers file class action against AMP

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JUL 2020
... difficult but necessary decisions to ensure we adapt to the new environment and continue to have a strong, viable advice business for clients." "We recognise the changes are challenging for many in our adviser network, and we're providing support to ...

AMP advisers low priority for ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JUL 2020
Senator Deborah O'Neil has revealed she was told by ASIC that AMP's Buyer of Last Resort (BOLR) agreements being altered and subsequently slashing the value of advice businesses was not a priority for the regulator. In a letter to the chair of the Parliamentary ...

Advice head leaves ANZ

ELIZABETH MCARTHUR  |  MONDAY, 6 JUL 2020
ANZ has confirmed the departure of its head of advice and operations. Darrel Caulfield took to LinkedIn to farewell ANZ, saying it had been a privilege to work for the company. "ANZ has been a big part of my life and has provided significant opportunities ...

MLC general manager departs

ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
... Michael Downey left his role with the business last week. Taking to LinkedIn, Downey said he is confident the MLC advice business is set up for success in the years ahead. "I'd like to think our teams have always advocated for advice, our advice licensees ...

New advice compliance solution launches

ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
MyNextAdvice will develop additional solutions to help the financial advice and mortgage broking industries with compliance obligations. Using client feedback, MyNextAdvice says it will be able to mitigate complaints. It is a cloud-based service that ...

Managed accounts demand rises: Zenith

ELIZA BAVIN  |  TUESDAY, 23 JUN 2020
Zenith Investment Partners said demand for its managed accounts services grew amid the uncertainty and volatility in investment markets sparked by the COVID-19 pandemic. Zenith chief executive David Wright said it was not unexpected that advice firms ...