Search Results | Showing 11 - 20 of 120 results for "Financial Advice reforms" |
| | ... wants advisers to have at least 12 months' experience working in Australia. Since Australia introduced financial advice reforms in March 2017 and new qualifications for personal advice on complex products, many areas have shown to be equivalent to New ... |
| | | ... understands there were fee arrangements between AMP's platform and product providers prior to the Future of Financial Advice reforms and some of these arrangements still exist as grandfathered fees. These will be turned off by 1 January 2021. Questioning ... |
| | | ... sittings extremely challenging." Senator Catryna Bilyk also slammed the government's handling of financial advice reforms, which she said has resulted in the FASEA extension being required. "The government has had plenty of time to get this right," ... |
| | | ... Murray said. Explaining the poor performance of the wealth management business, Murray said the Future of Financial Advice Reforms and the Royal Commission had caused the public to doubt the business' commitment to customers. De Ferrari was at one ... |
| | | ... "What is the solution? Get some advice, for the love of God," Blomfield said. He said post Future of Financial Advice reforms, the number of Australians receiving financial advice has halved and those who are accessing advice have a net-worth twice as ... |
| | | ... identified $37 billion in losses from product failures. The association noted that since the Future of Financial Advice reforms commenced in 2013, advisers have not been remunerated by product manufacturers but rather paid by clients. "That was the only ... |
| | | ... mitigated the risk of competition and evolution. "If the nature, purpose and intent of the Future of Financial Advice reforms and the Royal Commission's recommendations are to improve advice quality, address conflicts of interest and boost transparency ... |
| | | ... new members because it was clear they were not in members' best interests, through its Future of Financial Advice reforms. "Ever since, CFS continued to pay commissions with respect to existing members under what became known as the 'grandfathering ... |
| | | ... for ordinary Australians is under threat. Anderson pointed to the original objectives of the Future of Financial Advice reforms, which include ensuring the availability, accessibility and affordability of high-quality financial advice. This was reinforced ... |
| | | ... conflicted remuneration," the joint statement said. When commissions were banned under the Future of Financial Advice reforms in 2013, trail commissions on existing investments were exempt. The Royal Commission recommended an end to the payments as soon ... |
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