Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 3501 - 3510 of 9818 results for "Advisers"

MP slams prolonged grandfathered commissions carve out

KARREN VERGARA  |  TUESDAY, 2 APR 2019
... Economics Review of the Four Major Banks, Matt Thistlethwaite, said last week that he doesn't feel sorry for financial advisers who complain about the banning of grandfathered commissions - given they were put on notice six years ago. Thistlethwaite ...

NAB needs 500 staff for remediation

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAR 2019
... customer committee to ensure fair products and evaluate customer feedback and removing grandfathered commissions for advisers. Chronican then went on to say NAB's abolishment of their introducer payment program was because: "We want customers to be referred ...

Consumers confused by general, personal advice

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAR 2019
... Financial Advice protections only apply when personal advice is provided. The FoFA protections include obligations for advisers to act in their clients best interests and to provide advice that is appropriate to their client's personal circumstances. ...

Association names new chief and president

KARREN VERGARA  |  FRIDAY, 29 MAR 2019
... financial wellbeing manager Shadforth Financial Group and replaces Terry Rhodes. Rhodes has been the managing director of AFM Advisers since 2012. "The WSSA represents its members at an industry, government and regulatory level and our number one goal ...

Heffron reshuffles leadership

HARRISON WORLEY  |  FRIDAY, 29 MAR 2019
... on our 2030 goals. "My passion is turning technical knowledge about SMSFs into something tangible that accountants and advisers can use in their practice to help their clients and grow their businesses. Both Martin and I look forward to playing a continuing ...

Morgan Stanley extends platform partnership

KANIKA SOOD  |  THURSDAY, 28 MAR 2019
... said. "We are very pleased that our fully integrated managed accounts platform, will enable Morgan Stanley and their advisers to create a streamlined client portfolio experience irrespective of structure." Last year, Praemium picked up more business ...

Frydenberg takes action on banning grandfathered commissions

HARRISON WORLEY  |  THURSDAY, 28 MAR 2019
... said. The Government first released exposure draft legislation to ban grandfathered conflicted remuneration for financial advisers last February. The new regulations - in the form of a Treasury Laws amendment - propose to change the Corporations Regulations ...

CPD policy publication deadline looms

KARREN VERGARA  |  THURSDAY, 28 MAR 2019
... The CPD policy must clearly state the licensee's CPD year, its overall approach to CPD obligations as well as how its advisers will comply with such obligations. The policy, which can be amended at any time in the future, must be accessible on the licensee's ...

Zurich Investments shuts down fund

KANIKA SOOD  |  THURSDAY, 28 MAR 2019
... billion in funds under management across 12 funds, all managed externally. The investors access the platform channel via advisers building portfolios for their clients. "The key focus will be seeing which of our strategies are attractive to Australian ...

Curtain call for JCP Investment Partners

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2019
... joint venture with J.P. Morgan Asset Management, but became majority owned when its employees, directors and long-term advisers acquired J.P. Morgan Asset Management's 50% stake in 2010. Since inception, JCP's composite investment performance delivered ...