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Showing 3041 - 3050 of 4389 results for "financial Advice"

Former Gold Coast adviser sentenced

ALEX BURKE  |  WEDNESDAY, 18 MAR 2015
... clients, the majority who were approaching retirement age, was completely at odds with the provision of appropriate financial advice," said ASIC deputy chair Peter Kell.

CBA rolls out IRESS systems to all advice groups

LAURA MILLAN  |  WEDNESDAY, 11 MAR 2015
... and systems implemented in all of the group's licensees, including Commonwealth Financial Planning, Bankwest Financial Advice and Financial Wisdom. "This investment in technology will help us secure and enhance the financial wellbeing of our customers ...

New HNWIs demand unbundled services

ALEX BURKE  |  TUESDAY, 10 MAR 2015
Australia minted nearly 45,000 new millionaires in 2014 but only a handful of them are seeking financial advice, according to Investment Trends' High Net Worth (HNW) Investor Report. Based on a survey of 3,115 Australian millionaires - holding a collective ...

Advice M&A activity set to soar in 2015

LAURA MILLAN  |  MONDAY, 9 MAR 2015
... to reach unprecedented levels in 2015 thanks to regulatory certainty and an increasing demand for independent financial advice. "The shackles of poor investment markets and legislative uncertainty have been discarded and we will see a market that is ...

Intergenerational Report shows need for financial advice

ALEX BURKE  |  FRIDAY, 6 MAR 2015
The Treasury's Intergenerational Report highlights the importance of financial advice, according to the Financial Planning Association of Australia. Given that life expectancy at birth is expected to rise by four and three years for men and women respectively ...

Employers must do more to promote ethical culture

MARK SMITH  |  THURSDAY, 5 MAR 2015
... trust, according to CFA Institute. CFA Society president Anthony Serhan said while reforms such as Future of Financial Advice (FoFA) have improved transparency, policy makers were only one part of the process and employers and regulators must do their ...

US fiduciary reforms will rock pension funds

ALEX DUNNIN  |  THURSDAY, 5 MAR 2015
US financial advice experts are again warning that proposed requirements to introduce fiduciary obligations on people and entities providing advice will rock the retirement fund sector. The proposal for a fiduciary advice standard is being pushed by ...

Medcraft addresses ASIC's NAB response

ALEX BURKE  |  THURSDAY, 26 FEB 2015
... been cooperative. ASIC has also initiated discussions with NAB Wealth about reviewing remediation provided to financial advice clients," he said. ASIC itself was mentioned in the recent press; leaked NAB Wealth documents revealed the regulator had agreed ...

NAB chief executive outlines misconduct policy changes

ALEX BURKE  |  TUESDAY, 24 FEB 2015
... a speech to the Australia-Israel Chamber of Commerce, NAB chief executive Andrew Thorburn defended the bank's financial advice history and indicated changes were being made to ensure better internal oversight of its advice businesses. Despite the recent ...

Westpac, Count on ASIC radar over complex product advice

LAURA MILLAN  |  TUESDAY, 24 FEB 2015
... corrective action following concerns by the Australian Securities and Investments Commission (ASIC) concerns about financial advice relating to complex products. In December 2013 ASIC identified concerns over complex product advice at Count Financial ...