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Showing 3171 - 3180 of 4389 results for "financial Advice"

Profit up and new products for ClearView

MARK SMITH  |  WEDNESDAY, 27 AUG 2014
... million (up from $8.4 million), wealth management contributed $5.9 million (down from $6.6 million) while the financial advice division contributed $3.5 million (up from $800,000). Funds under management (FUM) in ClearView products increased 8% over ...

Higher education will not fix advice industry problems: Accountants

LAURA MILLAN  |  WEDNESDAY, 27 AUG 2014
Mandatory education requirements for financial planners will not eliminate the problems that the financial advice sector has experienced in recent years, the Chartered Accountants Australia and New Zealand (CAANZ) said in a submission to the Financial ...

Government tables FoFA bill in House of Reps

LAURA MILLAN  |  WEDNESDAY, 27 AUG 2014
The Coalition has reintroduced the amendments of the Future of Financial Advice (FoFA) bill into the House of Representatives, reigniting the political debate around financial planning legislation. The government's move follows the opposition's failed ...

CBA looks for plaintiffs to assist in remediation process

LAURA MILLAN  |  MONDAY, 25 AUG 2014
... that will act as independent consumer advocates in the Open Advice Review program to compensate victims of poor financial advice. CBA is expecting to announce the law firms appointed in the coming weeks. In the meantime, the bank has appointed two new ...

NAB gives advisers 3 years to meet tougher standards

LAURA MILLAN  |  MONDAY, 25 AUG 2014
... wealth group executive and MLC chief executive Andrew Hagger said. "We are committed to making cost-effective financial advice accessible to all Australians." Hagger said MLC also supports an enhanced national register of financial advisers, and consumers ...

FPA turns to social media on Financial Planning Week

STAFF WRITER  |  MONDAY, 25 AUG 2014
... media as a strategy to encourage Australians to seek advice. The FPA will be answering to consumers' questions on financial advice through the 'Ask an Expert' tool, as well as through its Twitter handle. The 14th edition of the Financial Planning Week ...

IOOF reports record growth

STAFF WRITER  |  FRIDAY, 22 AUG 2014
... inflow to flagship platforms, all achieved organically, then in late May 2014, IOOF announced the acquisition of financial advice and wealth management business, SFG Australia." Kelaher said that while SFG Australia's financial result is not included ...

AMP lifts minimum adviser standards

LAURA MILLAN  |  THURSDAY, 21 AUG 2014
... calling on the industry to adopt these measures. "The actions of AMP are a positive trigger to lead the entire financial advice profession further down the path towards professionalism," AFA chief executive Brad Fox said. AMP's financial advice network ...

HUB24 acquires dealer group

LAURA MILLAN  |  THURSDAY, 21 AUG 2014
HUB24 has acquired an independent dealer group with 20 financial advice practices across Australia and more than $2.5 billion in funds under advice. The Paragem buyout will be completed over the next few weeks and is subject to satisfaction of the acquisition ...

Greens slam CBA executives pay rise

LAURA MILLAN  |  TUESDAY, 19 AUG 2014
... frozen their salaries or even taken a pay cut while the compensation process for thousands of victims of poor financial advice remains ongoing, Greens Senator Peter Wish-Wilson said. "It is not a good look to be increasing your salary when your organisation ...