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Showing 371 - 380 of 406 results for "Advice for"

Fed Govt creates financial services task force

MICHAEL HOBBS  |  WEDNESDAY, 6 FEB 2008
... will take our short-form SOA to the Working Group. We look forward to working together to improve access to financial advice for all Australians," Jo-Anne Bloch said. Richard Gilbert, chief executive at the Investment and Financial Services Association ...

Super advice for $199

MICHAEL HOBBS  |  TUESDAY, 15 JAN 2008
Westpac throws a fresh challenge to the industry on making advice affordable after it introduced a low cost superannuation advice service this month. In an effort to help Australians with low superannuation balances receive financial advice, Westpac ...

Commissions could breach sole purpose test

CHRIS NICHOLLS  |  FRIDAY, 16 NOV 2007
... the obligation of the trustee of a retail fund is to ensure the commissions they're paying, they're just paying for advice for superannuation. And that's consistent with APRA's (The Australian Prudential Regulation Authority) statements on the sole purpose ...

Adviser ban after Westpoint

MICHAEL HOBBS  |  FRIDAY, 2 NOV 2007
... and Investment Commission (ASIC) has banned NSW-based financial adviser, Andy Shen-En Chen, from providing financial advice for five years after recommending Westpoint to clients. An ASIC investigation found in between October 2004 and November 2005 ...

Planners move from vanilla to neapolitan

CHRIS NICHOLLS  |  WEDNESDAY, 25 JUL 2007
... value, meaning that professional services companies that incorporate financial planning, accountancy, mortgage and legal advice for example, are emerging. "This makes perfect sense to us. We believe the days of being solely an investment manager are ...

Industry cheers red tape cuts

The Simpler Regulatory Bill passed last week will reduce the compliance burden and costs associated with advice for investments or superannuation amounts under $15,000, a move welcomed by the Financial Planning Association (FPA) and the Institute of ...

Advisers have 30 days to issue SoA

HAMISH MADDEN  |  TUESDAY, 19 JUN 2007
... of activity around the new super rules. ASIC said it had responded to concerns that investors were in urgent need of advice for how to deal with their super in the lead-up to the 30 June deadline. Class Order 07/447 Temporary extension of time for SOA ...

Planning business gives teachers bad advice

HAMISH MADDEN  |  TUESDAY, 15 MAY 2007
... switching advice given to clients and had acted in a misleading or deceptive manner. The business specialised in financial advice for teachers. Between December 2004 and September 2005 First Capital advised 170 teachers to switch from First State Super ...

MFS sells half stake in HFA

HAMISH MADDEN AND CAMERON BOGGS  |  MONDAY, 7 MAY 2007
... MFS has acquired New Zealand based financial advisory firm Westplan Financial, bringing total New Zealand funds under advice for MFS to over NZ$1 billion with more than 6,000 clients across the country. Westplan Financial will re-brand under the MFS ...

Access Economics still top consultant: Rainmaker

ALEX DUNNIN  |  TUESDAY, 5 DEC 2006
... fund would use capital stable option as its default, he asked. The report found no relationship between funds under advice for a consultant and their average default option investment returns.