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Showing 11 - 20 of 309 results for %22Better Advice Bill%22

Final QAR reforms open door to super funds

CASSANDRA BALDINI  |  THURSDAY, 7 DEC 2023
... while also granting approval for superannuation funds to provide personal advice. In its final report, titled Delivering Better Financial Outcomes, the government said it will introduce a modernised and flexible best interests duty which will apply to ...

Private markets make concrete inroads with advisers

KARREN VERGARA  |  WEDNESDAY, 6 DEC 2023
... private market sector, particularly in the northern hemisphere, lobby governments around the world to give retail markets better accessible to private market managers. Opening the 401K pension plans in the US and the UK's defined contribution schemes ...

Robo-adviser reaches US$50bn milestone

KARREN VERGARA  |  MONDAY, 20 NOV 2023
While the local robo-advice industry flounders, Wealthfront has hit a record high of more than US$50 billion ($77bn) in assets under management, catering to 700,000 investors. The US robo-adviser boasted that as it continues to diversify offerings ...

Treasury unveils advice reforms draft legislation

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
... overhaul of the Statement of Advice (SoA). Released today, the proposed legislation is the first tranche of the Delivering Better Financial Outcomes package of reforms and is open for consultation until December 6. Treasury Laws Amendment (2024 Measures ...

Wealth firm awards CFS Edge mandate

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... advice businesses like Viridian are well positioned to help provide more advice to more Australians and to deliver even better outcomes for their clients," Quirk said. Raamy Shahien, joint chief executive of Viridian Financial Group, said: "We like CFS' ...

Cost-of-living crisis puts young members at risk: Rest

ANDREW MCKEAN  |  TUESDAY, 31 OCT 2023
... superannuation, members can feel more confident about their future," she said. "Earlier and more regular engagement can lead to better retirement outcomes. "It's so important that funds make it simple for members to access and understand their super ...

Clime IM doubles down on strategy, taps into AI

ANDREW MCKEAN  |  MONDAY, 30 OCT 2023
... growth will be driven by customised multi-asset solutions. Separately, Clime is advancing its adoption of AI technologies to better engage with its target markets, an initiative expected to benefit both the company and its licensed advisers. During the ...

PSK acquires Perth-based advice group

CASSANDRA BALDINI  |  TUESDAY, 17 OCT 2023
... of new opportunities for them," he said. "We know being able to tap into the PSK systems and structure will mean we are better placed with the management of our practice and clients." Meanwhile, PSK managing director Paul Aspros explained the firm is ...

Experience pathway enshrined in legislation

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... the additional education requirements to be a qualified tax relevant provider. Assistant treasurer Stephen Jones said by better recognising the experience of long-serving financial advisers, the government is providing a pathway for experienced advisers ...

Spark adopts two fintechs

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... executive Tom Culver commented that the platform aggregates sustainability data, making it available to advisers who can better inform clients on investment solutions appropriate to their personal sustainability preferences. Spark currently has 80 financial ...