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Showing 3481 - 3490 of 9818 results for "Advisers"

CBA, ASIC move to resolve AFSL conditions

KANIKA SOOD  |  WEDNESDAY, 10 APR 2019
... and Financial Wisdom in 2014. Commonwealth Bank has paid a further $2.3 million to 232 clients advised by five of its advisers, according to KordaMentha Forensic's fifth and final report. This takes CBA's total remediation bill in relation to the issues ...

Fee for no service on APRA and ASIC radar

KARREN VERGARA  |  WEDNESDAY, 10 APR 2019
APRA and ASIC issued a joint letter warning superannuation funds and financial advisers that they will take a tougher approach to ensuring the fee for no service debacle is not repeated. The regulators are taking a more stringent stance on financial ...

YTML expands team, signs new client

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 APR 2019
... AMP, AXA and RetireInvest. Thom has work with a range of stakeholders in the past including dealer groups, practices, advisers and accountants to deliver technology solutions for improved business efficiency. Coinciding with the new appointment, YTML ...

Banks push to leave vertical integration on the table

HARRISON WORLEY  |  WEDNESDAY, 10 APR 2019
... management - decided to exit personal advice, bringing BT Financial Group in-house and selling a number of financial advisers to Viridian Advisory. "ABA members have different strategies in relation to the range of services they offer and the extent ...

Dealer group acquires bank advice business

JAMIE WILLIAMSON  |  WEDNESDAY, 10 APR 2019
... provider, with the scale and reach of Bridges, will help to ensure our customers' expectations can be met and that advisers can be supported in meeting future development needs as the industry moves to increase the level of professionalisation of ...

ASIC approves AMP for MDAs

HARRISON WORLEY  |  TUESDAY, 9 APR 2019
... conditions were put in place to ensure that AMPFP adequately monitors and supervises the MDA services provided by its advisers, and that its advisers are adequately trained and meet their best interests obligations," ASIC said. The corporate regulator ...

Financial advice in 2030: What does it look like?

JAMIE WILLIAMSON  |  TUESDAY, 9 APR 2019
... summary, WealthDigital says: "The rise of intra-fund and other super fund-based advice offerings will have forced unaligned advisers to examine different advice services." "A greater delineation between transactional and ongoing advice will emerge, with ...

Crestone builds investment team

KANIKA SOOD  |  TUESDAY, 9 APR 2019
... investment team. Stan Shamu is joining Crestone Wealth Management as a senior portfolio strategist from JANA Investment Advisers where he researched managed funds and advised charities, endowments and large superannuation funds. Crestone has also hired ...

New SMSF admin platform launches

KARREN VERGARA  |  TUESDAY, 9 APR 2019
A new one-stop-shop SMSF solution that aims to help financial advisers keep on top of administrative and regulatory burdens has launched. Practical Systems Super meets the needs of small accounting and advice firms by providing services such as fund ...

Principal appoints insto sales director

ELIZABETH MCARTHUR  |  TUESDAY, 9 APR 2019
... "He brings to the role a strong track record of building long-term relationships with institutional investors and their advisers, and an exceptional reputation in the market," she said. "The Australian and New Zealand institutional market is a key area ...