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

Search Results

Showing 361 - 370 of 1257 results for "Royal Commission"

IOOF, CountPlus, Iress want better path to fee consent

ELIZABETH MCARTHUR  |  FRIDAY, 24 APR 2020
... approach to managing the Advice Fee Consent legislation. The proposed legislation, which is part of the government's Royal Commission reforms, requires platform operators and superannuation trustees to be satisfied that consent for ongoing service has ...

Compliance worse than COVID-19

ALLY SELBY  |  THURSDAY, 23 APR 2020
... client. "So as big a disrupter COVID-19 has been, it's still hasn't topped the impact of FoFA and the Royal Commission and what it's been for planners businesses from a compliance burden perspective," he said. "Becoming more efficient in ...

The blame game

ELIZA BAVIN  |  THURSDAY, 23 APR 2020
... is uncomfortable with the idea of the 'super mega-fund' for a couple of reasons. "We've just a had a banking Royal Commission which highlights some of the issues with a large, conglomerate sector with only subtle differentiation, where the structure ...

Challenger winds up boutique partnership

KANIKA SOOD  |  WEDNESDAY, 22 APR 2020
... and other institutional investors rebalanced. On annuity sales, Howes said adviser channel disruption since the Royal Commission had showed some signs of improvement before the pandemic hit. "There's no doubt that the challenges financial advisers were ...

AIOFP launches fresh campaign, criticises FPA

ELIZABETH MCARTHUR  |  TUESDAY, 21 APR 2020
... have an opportunity to force change, leveraging similar techniques employed by the mortgage broking sector post-Royal Commission. "During the last quarter of 2018 we all witnessed politicians being forced into listening to the mortgage advisers view ...

Advisers adapt as crisis unfolds

ALLY SELBY  |  MONDAY, 20 APR 2020
... Australia's advisory businesses already faced contracting operating margins and an exodus of advisers following the Royal Commission. These pressures saw the country's advisers increasingly embrace technology and innovative solutions to scale up their ...

COVID-19 sparks renewed fight for commissions

ELIZABETH MCARTHUR  |  MONDAY, 6 APR 2020
... Association of Independent Financial Professionals (AIOFP) has made a submission on the implementation of the Royal Commission recommendations calling for the banning of grandfathered commissions to be pushed back by two years to help advisers through ...

COVID-19 will increase demand for advice: Survey

KANIKA SOOD  |  WEDNESDAY, 1 APR 2020
... have a positive impact on demand for their profession going forward. More than half of the advisers (54%) said Royal Commission recommendations should be put on hold during the pandemic. A further 25% said a three-month extension would suffice and 14% ...

New firm joins Count Financial network

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 APR 2020
... of which about 400 are investment and/or insurance clients. "No one moves licensees for fun - but post Hayne Royal Commission, this was very much a decision about the future of our business and the broader financial planning industry," Peters said. "Count's ...

Super funds called out over liquidity

ELIZA BAVIN  |  MONDAY, 30 MAR 2020
... is dependent on the banks providing written updates on their progress with implementing measures of the Hayne Royal Commission to the committee for public release, as well as periodic updates on action they have taken in response to the COVID-19 pand ...