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Showing 3151 - 3160 of 9818 results for "Advisers"

ASIC, MLC Nominees and NULIS in court

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
... service fees from 300,000 MLC MasterKey Personal Super. According to ASIC, members then received no service from financial advisers. This was a contravention of s912A(1)(a) of the Corporations Act, the regulator alleges. The two firms also failed to ...

Platform hints at aggressive expansion

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... Xplore for a further six months Sharp's work will be focussed on a retail direct-HIN offer for independent financial advisers and a new foreign exchange capability for Xplore. September's results were the first results under Wright. Wright told ...

FASEA chief unaware of dwindling adviser numbers

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2019
... was asked by Liberal Senator Amanda Stoker whether the authority acknowledged the risk of losing experience financial advisers for whom the requirements are simply too much. Glenfield answered that it was FASEA's job to implement legislation, before ...

Super investment menus not what they seem: Rice Warner

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... options on average." The large number of investment options available on retail fund menus is largely to serve financial advisers and the more diverse needs of their clients. Rainmaker executive director of research and compliance Alex Dunnin commented ...

Adviser tampered with MySuper

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... its legacy default super product - party because MySuper products are prohibited from paying commissions to financial advisers. Tran's business, Futura Financial Group, sent 424 letters to clients telling them if they did not respond within 30 days their ...

Macquarie wealth fees income down 14%

KANIKA SOOD  |  FRIDAY, 1 NOV 2019
... last year, Macquarie said it was merging its private bank and private wealth business to concentrate on high-net worth advisers, as a part of which many advisers left the business. Group results Overall, Macquarie Group reported a net profit after tax ...

HESTA strengthens financial advice team

ELIZA BAVIN  |  FRIDAY, 1 NOV 2019
... this is an exciting opportunity to grow HESTA's advice offering to members, both with employed and external financial advisers."

Advice group chief executive to depart

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2019
... Parramatta-based risk practice Orion and earlier this year it grew its presence in the NSW central west, appointing a number of advisers. First established in 1975, the group is home to 15 advisers, according to Rainmaker data.

Link Advice partners with $12bn super fund

HARRISON WORLEY  |  THURSDAY, 31 OCT 2019
... health checks. "This is particularly important in a post-Royal Commission world, where higher education standards for advisers are being introduced this year," Farrar said. "All our members will benefit from this increased availability, and we are particularly ...

RI Advice faces ASIC action

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2019
ASIC has filed a Federal Court action against RI Advice and one of its former financial advisers who was the subject of a case study during the Royal Commission. Commencing court action today, the corporate regulator has alleged RI Advice failed to ...