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Showing 341 - 350 of 1024 results for "SOA"

ASIC clarifies IFA definitions, extends SoA deadline

JAMIE WILLIAMSON  |  TUESDAY, 27 JUN 2017
... urgent superannuation advice in preparation for next week's reforms. Advisers will now have an additional 30 days to provide a SoA pertaining to personal advice provided to retail clients about a superannuation product connected to the legislative reforms ...

Expansions maintained despite dashed expectations

BENJAMIN ONG  |  MONDAY, 26 JUN 2017
Markit Economics' preliminary estimates show that while the purchasing managers' indices (PMI) for the US, the Eurozone and Japan all came in below market expectations, all remained in expansion. The IHS/Markit flash US composite output index slipped ...

ASIC consults on new statement of advice

EMMA RAPAPORT  |  WEDNESDAY, 31 MAY 2017
... advice for life insurance. The regulator's latest consultation paper seeks feedback on the new example Statement of Advice (SOA) and related updates to the guidance in Regulatory Guide 90 - Example Statement of Advice: Scaled advice for a new client ...

Confidence slip

BENJAMIN ONG  |  THURSDAY, 13 APR 2017
Boom conditions but waning confidence. This is the message from the latest NAB Business Survey report. The NAB's business conditions index soared by points to a reading of +14 in March, more than reversing the 3-point decline in the previous month. ...

Plato fund oversubscription heralds income appetite

ALEX BURKE  |  WEDNESDAY, 5 APR 2017
Plato's Income Maximiser listed investment company has exceeded its $220 million target, signalling Australia's soaring demand for income-oriented strategies. Plato's IPO will remain open until April 21, allowing for a further $110 million in investor ...

Damned if they do, damned if they don't

BENJAMIN ONG  |  MONDAY, 3 APR 2017
First the good news. Crude oil prices have closed the March quarter of 2017 above the psychological US$50.00 per barrel mark - the level they have risen to since the Organisation of Petroleum Exporting Countries (OPEC) announced that they (and non-OPEC ...

Findex assigns Aussie equities mandate

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2017
... advisers and its clients a broader range of listed companies to invest in, extending across the entire market rather than the SOA which has a strong bias toward large caps. "The Altair managed discretionary portfolio picks the best quality of the large ...

One small rise in rates, one giant step towards normalisation

BENJAMIN ONG  |  THURSDAY, 16 MAR 2017
Don't you just love it when things turn out as expected? Wall Street surely did. US equities jumped -- Dow up 0.5%, S&P up 0.84%, Nasdaq up 0.7%, Russell 2000 up 1.5% -- the VIX index dropped by 5.5% and instead of climbing, the US dollar index fell ...

YBR partnership drives wealth renewal

JAMIE WILLIAMSON  |  THURSDAY, 2 MAR 2017
... write 80% of advice recommendations in-house. Provisio combines illustration point of sales tools and statement of advice (SoA) capability for enhanced strategies in superannuation, investments and insurance. According to Adam Youkhana, general manager ...

Padua founder takes on new role

ALEX BURKE  |  WEDNESDAY, 22 FEB 2017
... advisers almost seven hours to produce a statement of advice." "Advisers who work with Padua are able to produce a high-quality SOA in less than 30 minutes. Advisers use our ROMA Online advice request system to tell us what their clients' needs are and ...