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Showing 301 - 310 of 1024 results for "SOA"

AstuteWheel speeds up risk advice timeframe

KARREN VERGARA  |  FRIDAY, 29 JUN 2018
... potential insurance policies out of a database of 300 options that match the client's needs; a 12-page Statement of Advice (SoA) is then produced. "The integrated OmniLife risk research and quoting tool app shows side-by-side comparisons for new ...

Statements of Advice: Out with the old

JAMIE WILLIAMSON  |  THURSDAY, 28 JUN 2018
... the crowd, Fox and Hare co-founder and financial adviser Jessica Brady explained that her practice relies on technology for SoA production; providing clients with an electronic SoA which is accompanied by an explanatory powerpoint presentation and a ...

Former NAB, AMP adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 28 JUN 2018
... them. He also recommended clients switch superannuation funds without providing sufficient detail in the Statement of Advice (SoA) for the clients to make informed decisions. Finally, Cowper was found to have recommended clients switch their superannuation ...

Poor SoAs hindering advice process

JAMIE WILLIAMSON  |  MONDAY, 21 MAY 2018
... to sign off on advice they don't actually understand. Paraplanning services provider YTML has seen more than 50 different SoA templates in the last three years, with general manager of advice Terri Ho saying more than 80% have been over 40 pages long ...

Macquarie platform, wrap businesses soar

KARREN VERGARA  |  FRIDAY, 4 MAY 2018
Macquarie Group's platform, wrap and managed accounts businesses performed strongly in the full-year to 31 March 2018, latest financial results show. Macquarie Wrap and Vision held $82.5 billion in funds under management, jumping 14% from the previous ...

Royal Commission invite refused by Dover

JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
Dover Financial Advisers was revealed as the only large scale financial advice licensee to decline the Royal Commission's request for assistance in identifying instances of misconduct. Appearing before the Commission yesterday, Dover owner Terry McMaster ...

High profile adviser under fire

JAMIE WILLIAMSON  |  THURSDAY, 26 APR 2018
... clarification having been made by SASS during a phone call made by Henderson Maxwell to the super fund - more than a month before the SoA was presented to McKenna. The SoA also recommended McKenna deposit any "extra cash" to Henderson Maxwell on a monthly ...

Robo-adviser partners with private wealth firm

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... portfolio of exchange-traded funds (ETFs). The white label offering includes client fact-finds, portfolio advice creation and SOA or investment program generation. Kaura said financial planning firms will be able to extend their reach into potential ...

Royal Commission to boost ETFs: VanEck

KANIKA SOOD  |  FRIDAY, 20 APR 2018
A $1.4 billion ETF manager believes growth in the sector will soar as the Royal Commission hears evidence on the conflicts of interest within vertically-integrated institutions. An increasing number of financial advisers have been using ETFs to diversify ...

Royal Commission latest: CBA doing more with fewer advisers

KARREN VERGARA  |  WEDNESDAY, 18 APR 2018
It took Commonwealth Bank two years to notify ASIC its financial advisers were failing to meet ongoing service obligations - all during a time when it slashed adviser numbers and doubled its client base. This is according to CBA executive general manager ...