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Showing 3001 - 3010 of 4389 results for "financial Advice"

Midwinter unveils digital advice platform

ALEX BURKE  |  FRIDAY, 8 MAY 2015
... illustrate, she pointed to FinDigital and Ignition Wealth research showing that 60-80% of retail consumers don't seek financial advice because they believe they can do it themselves. "People were scared about online broking, too. And online broking in ...

Bank results underpin wealth management new era

LAURA MILLAN  |  FRIDAY, 8 MAY 2015
... and inquiries into their culture and behaviour in the past. At the moment, a Parliamentary Joint Committee into financial advice, the Financial System Inquiry (FSI) and the Trowbridge report into risk advice are raising questions about the current model. ...

Banking and super groups back parliamentary recommendations

DARREN SNYDER  |  FRIDAY, 8 MAY 2015
... protections. "The government's proposed reforms build on the significant changes that have resulted from the Future of Financial Advice reforms and continue to drive the process of the professionalisation of the financial advice industry," Munchenberg ...

ASIC developing regulatory guide for advice remediation

ALEX BURKE  |  WEDNESDAY, 6 MAY 2015
... Australian financial services licensees. The regulator has participated in numerous advice review programs for major financial advice institutions, most notably CBA, to determine instances where clients have been compromised by non-compliance or fraud. ...

Robo advice questions still unanswered

DARREN SNYDER  |  TUESDAY, 5 MAY 2015
... Financial Planning Standards Board [and ASIC] is an affiliate member - recently analysed the impact of automatic financial advice and the regulatory challenges," he continued. "This is interesting because we haven't seen anything go wrong with robo advice ...

Advice industry faces insurance quandary

ALEX BURKE  |  MONDAY, 4 MAY 2015
... indemnity premiums is only compounding the problem. Senators Nick Xenophon and Sam Dastyari proposed a statutory financial advice victim insurance scheme at the Senate Economics References Committee's Scrutiny of Financial Advice inquiry on April 21. ...

CFS reveals retirement income strategy

LAURA MILLAN  |  MONDAY, 4 MAY 2015
... "We will unbundle these very complex products and create different solutions to really recognise the role of financial advice. We think there's going to be a lot of evolution in this retirement space and we want to make available to advisers these component ...

Frydenberg to decide on advice standards in June

LAURA MILLAN  |  THURSDAY, 30 APR 2015
... agreement that the focus of reform should be on the consumer, and that rebuilding consumer confidence in the financial advice industry is paramount." He said he was "especially pleased to see the level of consensus that is building around many elements ...

Adviser reputation hits all-time low

LAURA MILLAN  |  WEDNESDAY, 29 APR 2015
The public image of the financial advice profession is at a historic low, according to the latest Roy Morgan Image of Professions Survey 2015. When asked to rate financial advisers for their honesty and ethical standards, respondents gave advisers a ...

Advisers Register hits 22k

DARREN SNYDER  |  WEDNESDAY, 29 APR 2015
... Kell said. Since ASIC's facilitative approach began in 2013, the watchdog has banned 17 people from providing financial advice, removed five advisers through enforceable undertakings and cancelled 18 licences. It has also accepted enforceable undertakings ...