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Showing 3591 - 3600 of 9818 results for "Advisers"

Grandfathered commissions to be banned

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
... influence of the commission has already done its work once. But the problem remains. The influence continues," he said. "Advisers have an incentive to keep their clients in products with grandfathered commissions rather than advise them to move to better ...

Ongoing service arrangements should be tightened: Hayne

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
... Lifespan Financial Planning chief executive Eugene Ardino argues. With up-front fees currently averaging $2,000 to $4,000, advisers are prepared to initially service clients at a massive loss because of the possibility of an ongoing relationship with ...

Former adviser steals $5m from clients

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
... is currently on bail and is due to appear in the committal court on 27 February 2019. According to the ASIC Financial Advisers Register, Gibbs first began providing advice in 1991. He ceased as an adviser on 23 August 2016. He is listed as being a member ...

Outflows dent IOOF advice, funds businesses

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... administration and advice (FUMA) rose to $137.8 billion during the quarter, of which $17.3 billion came from the new advisers. The net flows from the advice segment also included about $657 million of outflows from its "BT badges." IOOF said it replicated ...

Hiring outlook subdued: Poll

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... different picture, forecasting recruitment activity to pick up for the financial advice sector in the first half of 2019. "Advisers will be in high demand during the first half of 2019," the report said. "Demand will naturally be focused on suitably ...

Synchron renews calls on risk advice separation

KANIKA SOOD  |  FRIDAY, 1 FEB 2019
... Trapnell is sticking by his long-held view that if risk advice and financial advice are not separated, dedicated risk advisers will exit the industry in droves. "Australians need access to both life insurance advisers and financial planning advisers ...

HNWs to embrace alternatives in 2019: Fund manager

JAMIE WILLIAMSON  |  FRIDAY, 1 FEB 2019
... to allocate much of the $175 million it raised in 2018 to alternatives, anticipating family offices and private wealth advisers will increasingly do the same. Spire Capital raised $175 million in aggregate for three alternative fund opportunities in ...

TAL to offer FASEA masterclass

HARRISON WORLEY  |  THURSDAY, 31 JAN 2019
TAL will offer a FASEA masterclass to help advisers meet the new education requirements. TAL said 2019 would see the life insurer support financial advisers to satisfy the FASEA education standards through its Risk Academy program. A new FASEA Masterclass ...

Advisers question value of best interests duty

DARREN SNYDER  |  WEDNESDAY, 30 JAN 2019
One in five financial advisers disagrees or strongly disagrees the best interests duty was necessary to raise industry standards. And more than 70% believe the duty has not improved advice quality. These are two of 11 findings from research released ...

Most clients coping with financial stress: Poll

KARREN VERGARA  |  TUESDAY, 29 JAN 2019
Financial advisers are helping clients manage financial stress and keep it at minimal levels, Financial Standard 's latest survey shows. Financial advisers canvassed in our latest straw poll said most of their clients fall into either the moderately ...