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Showing 3001 - 3010 of 9818 results for "Advisers"

The PDS is weak: Rice Warner

ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
... structure was undisclosed. Rice Warner said that today in a much more mature industry where consumers have super, financial advisers are less focussed on selling products and consumers pay advice fees for an agreed service all the legislation has not ...

Ongoing fees, advice fees in super to be reformed

ELIZABETH MCARTHUR  |  FRIDAY, 31 JAN 2020
... recommendation 2.1 will enhance the existing ongoing fee arrangement provisions in the Corporations Act. Under the reforms, advisers would be required to seek annual renewal from clients for all ongoing arrangements and disclose in writing the total ...

Fidelity backs personality tests

ELIZABETH MCARTHUR  |  FRIDAY, 31 JAN 2020
Fidelity has revealed plans to roll out client personality tests to financial advisers. The international fund manager released its Value of Advice report this week, with research from CoreData, which included insights into the personality types of ...

AMP urged to mediate with advisers

ELIZA BAVIN  |  FRIDAY, 31 JAN 2020
... to formally commit to mediation as it moves to exit up to 250 financial planning businesses. Carnell said over 80 AMP advisers have visited her offices in the past few months saying they are facing "financial ruin" as a result of AMP's new exit plan. ...

Sargon runs out of steam

KANIKA SOOD, JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
... administration comes soon after its rebrand of another acquisition, Madison Financial Group which is home to about 110 advisers. Chasing growth Sargon has been aggressive in its pursuit of growth for the past few years. In 2018 alone, it bought Madison ...

Last stand for grandfathered commissions falls over

ELIZABETH MCARTHUR  |  THURSDAY, 30 JAN 2020
... already plummeted from 30% to 7% (citing Investment Trends data) over the last seven years. This, he said, was a sign that advisers were heeding warnings ahead of the ban on grandfathered commissions and negotiating a fee for service arrangement with ...

FPA calls for axe to fall on stamping fees

HARRISON WORLEY  |  WEDNESDAY, 29 JAN 2020
... consultation process on the merits of the current stamping fee exemption, which allows fund managers to pay commissions to advisers and brokers involved in the in capital raisings for listed-funds. FPA chief executive Dante De Gori said the association ...

Advisers still unclear on referral rules

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JAN 2020
... that the code does not apply to businesses like YBR or the structures they put in place - only to individual financial advisers. In FASEA's preliminary response to submissions from stakeholders on the Code of Ethics it first attempted to clear up the ...

Latest FASEA exam results in

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JAN 2020
Almost 3000 financial advisers across Australia have just received their results for the final Financial Adviser Standards and Ethics Authority exam for 2019. Over 86% of the 2981 advisers who sat the exam have passed. The exam was held in eight metropolitan ...

GAM hires, launches new strategies

ELIZA BAVIN  |  WEDNESDAY, 29 JAN 2020
... appointment will further expand the company's presence and deepen its relationship with Australian private wealth advisers. "[Crewe] has an excellent reputation and has worked with sophisticated advisers who are demanding differentiated, institutional ...