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Search ResultsShowing 11 - 20 of 100+ results for "Financial Advice"
Sam Henderson sentenced
ELIZABETH MCARTHUR  |  TUESDAY, 20 OCT 2020
... 2017 as well as in an information memorandum dated May 2011. Henderson was the subject of a case study on bad financial advice at the Royal Commission and was subsequently banned from providing financial services for a period of three years. During the ...
The case for an overhaul of advice: Rice Warner, FSC
ANNABELLE DICKSON  |  TUESDAY, 20 OCT 2020
... report by Rice Warner that makes a series of recommendations that would significantly change the status quo of financial advice and lead to policy debate. Rice Warner's Future of Advice report proposes a raft of changes to definitions, documentation ...
Self-licensing on the horizon
KARREN VERGARA  |  MONDAY, 19 OCT 2020
Consolidation in the financial advice industry is leading to a second wave of advisers leaving big institutions and potentially taking the self-licensing path. This is according to Centrepoint Alliance group executive of advice Paul Cullen, who said ...
BT cuts Wealth Connect
ALLY SELBY  |  FRIDAY, 16 OCT 2020
... advice and changing consumer behaviours. In September 2018, BTFG announced it was reviewing its business model for financial advice and would be scrapping its virtual advice initiative, resulting in significant redundancies. Finally, in May of this year ...
A new model is coming: Licensees
ELIZABETH MCARTHUR  |  THURSDAY, 15 OCT 2020
... executive Alison Dummett discuss the biggest issues facing the industry. High on the agenda was the affordability of financial advice for ordinary Australians, not just the extremely wealthy. Dummett was asked about the regulatory burden on licensees. ...
Stephen Jones admits to anti-life insurance bias
ELIZABETH MCARTHUR  |  THURSDAY, 15 OCT 2020
... Advisers annual conference, shadow minister for financial services Stephen Jones outlined Labor's vision for financial advice and admitted to apprehension on life insurance. Jones said, referring to the ASIC review of the life insurance industry ...
ASIC reviewing risk advice, pushes for scaled advice
ANNABELLE DICKSON  |  WEDNESDAY, 14 OCT 2020
... is a review in the ordinary course for us," she said. Furthermore, ASIC is urging financial advisers to make financial advice more accessible, affordable and 'bite-sized' to meet consumer demand. The regulator will be releasing a consultation paper later ...
Advice reforms to be legislated: Hume
ANNABELLE DICKSON  |  WEDNESDAY, 14 OCT 2020
... clearer path for expectations," she said. Further to this, she said she is optimistic about the future of the financial advice industry as 900 students are currently enrolled in FASEA-approved degrees. By 2026, Hume said financial advisers will have ...
Financial advice more important than ever: HUB24
ELIZA BAVIN  |  TUESDAY, 13 OCT 2020
HUB24 said financial advice is more important than ever as it posts record inflows and signs close to 30 new licensees in the September quarter. Staging a $260 million bounce back after it suffered from the impacts of COVID-19, funds under administration ...
Stanford Brown adds partner
KARREN VERGARA  |  MONDAY, 12 OCT 2020
... Australia. She joined technology company Dimension Data in a mergers and acquisitions role and eventually moved into financial advice. As Nixon Boustred Advisory evolved and founder Peter Nixon retired last year, Boustred said she has been looking for ...
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