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Showing 361 - 370 of 1024 results for "SOA"

Another former AMP planner cops ban

JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2016
... Damian O'Rourke after it found he failed to provide appropriate advice, failed to provide clients with statements of advice (SoA) and borrowed considerable amounts of money from clients, most of which he did not repay. O'Rourke, of Brisbane, was employed ...

The twenty-first night of September

BENJAMIN ONG  |  MONDAY, 12 SEP 2016
"Do you remember twenty-first night of September? Before you go cold like December And all you saw were cloudy days..." - September Gospel musician Kirk Franklin's reprisal of 'Earth, Wind & Fire's' classic September could become a hit come the "twenty-first ...

GPS Wealth launches advice solution

KERRIE SYDEE  |  MONDAY, 5 SEP 2016
... calculator, investment property calculator, gap analysis tool and cloud based version of GPS Wealth's statement of advice (SoA) tool. GPS Wealth general manager, practice development and coaching, Paul Pavlic said: "We came up with the concept of providing ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 11 AUG 2016
Australian consumer confidence The Westpac-Melbourne Institute consumer sentiment index rebounded by 2.0% in August after declining by 3.0% in July. More importantly, at a reading of 101.4, optimists outnumbered pessimists this month. Not surprisingly ...

Equip readies full robo advice roll-out

MARK SMITH  |  WEDNESDAY, 3 AUG 2016
... MyMoney was that it will allow members to pass an investment switch instruction to the fund based on the Statement of Advice (SOA) created by the robo advisor. In addition to recommending an appropriate investment choice, Equip MyMoney also will also ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 1 JUL 2016
Australia private sector credit The latest update on Australia's private sector credit provides a first look at the impact of the Reserve Bank of Australia's (RBA) cut in the official cash rate from 2.0% to 1.75% on the 3rd of May. Total private sector ...

Admin, compliance restricting business growth

KERRIE SYDEE  |  THURSDAY, 30 JUN 2016
Advisers are spending more than 30 hours a week on client related admin and only 9 hours per week in face-to-face client meetings, according new research from Perpetual. The research, which included 200 financial advisers and assessed how advisers are ...

AAT reduces adviser ban

KERRIE SYDEE  |  MONDAY, 20 JUN 2016
... financial service." In particular Prasad has failed to: maintain adequate records of his advice, provide a statement of advice (SOA) within the required timeframe, provide a SOA that adequately set out information about the basis on which the advice ...

Sentry and IRESS partner for new tech solution

KERRIE SYDEE  |  WEDNESDAY, 15 JUN 2016
... better client service and engagement. Named SENTRAK, the technology will deliver a range of facilities including production of SOA, CRM, revenue management and flow and streamline administrative activities. Commenting on the partnership, Sentry chief ...

ASIC ban upheld, investment banker jailed

KERRIE SYDEE  |  MONDAY, 6 JUN 2016
The Administrative Appeals Tribunal (AAT) has upheld ASIC's decision to ban a financial adviser from providing financial services for five years. Former Meritum Financial Group adviser, Alfie Chong, was initially banned by ASIC for a range of misconduct ...