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Showing 3041 - 3050 of 9818 results for "Advisers"

Latitude Financial joins banks on AFCA complaints list

ALLY SELBY  |  MONDAY, 13 JAN 2020
... general insurers received 14,139 complaints, credit providers received 10,327 complaints, super funds and trustee or advisers received 2999 complaints and debt collectors received 2902 complaints. Incredibly, AFCA was able to assist consumers and small ...

Free advice for bushfire victims

ELIZA BAVIN  |  MONDAY, 13 JAN 2020
... free financial advice to Australians who have suffered from the current bushfires. AMP said it has partnered with its advisers to offer the pro-bono service which includes general and personal advice and is available to both AMP clients and members and ...

ASIC claims to support robo-advice

ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
... could meet unmet demand in this new submission. Later in the submission, the regulator detailed its concerns that robo advisers might not be able to comply with best interests duty - for example, ASIC questioned how a robo-advice offering might be sure ...

IOOF identifies 67 high risk advisers

ELIZA BAVIN  |  FRIDAY, 10 JAN 2020
... has told the House of Representatives Standing Committee on Economics that it has identified 67 "higher risk" financial advisers within its business. The number comes as IOOF fronts the committee to answer questions previously taken on notice, as part ...

SMSFA slams limited licensing

HARRISON WORLEY  |  THURSDAY, 9 JAN 2020
... licensing system is "defunct" and requires an overhaul to raise standards and close gaps in advice, to allow qualified SMSF advisers to provide low-cost, simple advice. The association labelled the current framework "complicated, inefficient and able ...

ASIC bans former Charter, NAB adviser

KANIKA SOOD  |  WEDNESDAY, 8 JAN 2020
... service, superannuation trustees, insurance, unfair contract terms and other licensee obligations. In addition to the 64 advisers, ASIC has also banned three directors so far from the above. Five of these bannings are subject of appeal, the regulator ...

Sophistication: More than money

ELIZABETH MCARTHUR  |  TUESDAY, 7 JAN 2020
... what qualifies them for the accountant's certificate." However, he said to meet best interests duty most good financial advisers would not look at clients in such simple terms. Lane said his team usually excludes the home from the assets in question ...

JANA dragged into Rest legal stoush

ELIZABETH MCARTHUR  |  TUESDAY, 7 JAN 2020
JANA Investment Advisers may be forced to hand over key documents as part of Rest's ongoing legal battle with member Mark McVeigh. Final discovery orders were consented to by both Rest and McVeigh in late December last year. Documents created by ...

Government ignored ASIC over LIC carve-out

HARRISON WORLEY  |  MONDAY, 6 JAN 2020
... stamping fee carve-out in the FoFA laws in late 2013. The expansion of the carve-out was designed to allow financial advisers to recommend clients invest in listed investment companies and trusts which pay conflicted commissions to advisers. An internal ...

YBR exits wealth, sells for $2.5 million

ELIZABETH MCARTHUR  |  MONDAY, 6 JAN 2020
... businesses has been sold to Interprac, a wholly owned subsidiary of Sequoia Group. The sale will mean current YBR Wealth advisers will become licenced advisers of Interprac (which holds an AFSL within the Sequoia Group). Rainmaker analysis of the ASIC ...