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Showing 11 - 20 of 100+ results for "Financial advice"

AIOFP petitions to delay DDO, annual renewal

KARREN VERGARA  |  FRIDAY, 1 OCT 2021
The Association of Independently Owned Finance Professionals is calling on lawmakers to delay two major financial advice reforms until 2022 by launching an online petition. The AIOFP is seeking to delay the Design and Distribution Obligations and consent ...

Adviser exam cost jumps under new bill

KARREN VERGARA  |  THURSDAY, 30 SEP 2021
The Better Advice Bill is proposing several changes to the mandatory financial advice exam, including substantially increasing the cost of each sitting. The Financial Sector Reform (Hayne Royal Commission Response-Better Advice) Bill 2021 exposure draft ...

Advice group appoints chief executive

JAMIE WILLIAMSON  |  TUESDAY, 28 SEP 2021
A boutique financial advice group has named a new chief executive to take over in October, promoting from within. Profile Financial Services has appointed Lena Ridley as its new chief, replacing interim chief executive Peter Coleman. Ridley is currently ...

Financial Standard launches weekly podcast

STAFF WRITER  |  MONDAY, 27 SEP 2021
... Association of Financial Advisers general manager, policy and professionalism Phil Anderson, discussing the future of financial advice in Australia. "We're really excited to launch this podcast as another avenue to have important, in-depth conversations ...

Conflicts of interest risk in funds management still high: ASIC

ANNABELLE DICKSON  |  FRIDAY, 24 SEP 2021
... advisers for managed accounts can represent a conflict of interest from vertical integration. This can emerge from financial advice groups putting clients into their own investment model portfolio rather than external products as the adviser receives ...

ClearView launches risk product suite

KARREN VERGARA  |  THURSDAY, 23 SEP 2021
... she said. ClearView announced its transformation agenda in early September, which kicked off with divesting its financial advice unit. Swanson said: "As more life companies release their products, the biggest changes will be to income protection insurance. ...

Hybrid advice is here to stay

ANNABELLE DICKSON  |  WEDNESDAY, 22 SEP 2021
A hybrid delivery model of financial advice is not going anywhere as building relationships with clients remains crucial. Speaking at the Association of Financial Advisers (AFA) Conference, intelliflo chief sales officer UK & Australia Johann Koch reiterated ...

Asendium partners with licensee support firm

KARREN VERGARA  |  WEDNESDAY, 22 SEP 2021
... with a licensee support firm that has more than 70 AFS Licensees nationwide. My Dealer Services is using the financial advice technology firm's software to develop compliant advice. Advisers will be able to generate in-house, next day comprehensive and ...

Accumulation bubble ending: AFA

ANNABELLE DICKSON  |  WEDNESDAY, 22 SEP 2021
... Businesses now exist in two states - going digital or born digital," Inwood said. Inwood later went on to say that the financial advice industry is the midst of a significant redesign from regulation to satisfaction and acknowledged the generation of ...

Stephen Jones changes tack on risk advice

ANNABELLE DICKSON  |  TUESDAY, 21 SEP 2021
... criticise the managerial operations of FASEA and said trying to push everyone through the very small funnel of financial advice in one area of their industry was a big mistake. "These are managerial, they weren't legislative, so I'm not saying ...