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Showing 371 - 380 of 393 results for "Personal advice"

More funds adopt intra-fund advice

RUTH LIEW  |  FRIDAY, 5 FEB 2010
... for three years. The legislation also enabled much shorter Statements of Advice to be written. "HESTA's limited personal advice service is free. The new legislation will enable more members to take a more active role in their superannuation, including ...

Adviser recruitment plagues super funds

RUTH LIEW  |  THURSDAY, 12 NOV 2009
... and large, ASIC's decision in July to provide legislative relief to superannuation trustees regarding limited personal advice provision have drawn both support and ire from the wealth management industry. Superannuation funds have largely welcomed the ...

Fund calculator rules to be relaxed

ALEX DUNNIN  |  THURSDAY, 22 OCT 2009
... account statements. ASIC said funds that already have an AFSL will continue to receive regulatory relief from the personal advice provisions when providing these projections. "We do not propose to give this relief unconditionally; rather, super funds ...

Intra-fund advice relief opens super funds to lawsuits

MICHELLE BALTAZAR  |  TUESDAY, 4 AUG 2009
... government endorsed ASIC's decision to provide legislative relief to superannuation trustees when providing "limited personal advice" to their fund members. This means super funds can answer basic questions such as switching between investment options ...

HESTA ready for advice boom

COMPANY RELEASE  |  THURSDAY, 23 JUL 2009
... superannuation service advisers to provide more members with intra-fund advice, said the fund. "HESTA's limited personal advice service is free. The new legislation will enable more members to take a more active role in their superannuation, including ...

ASIC lifts restrictions on intra-fund advice

MICHELLE BALTAZAR  |  FRIDAY, 10 JUL 2009
... has supported ASIC's decision to provide legislative relief to superannuation trustees when providing limited personal advice to their fund members. Under new rules, super funds can answer questions on switching between investment options, voluntary ...

Simulate my super: ING

COMPANY RELEASE  |  WEDNESDAY, 20 MAY 2009
... whether they are on track with their super," said Pankhurst. The Super Simulator does not take away the need for personal advice but will allow a member to have a better understanding of their situation and then discuss further with their financial adviser. ...

GFC pushes ASIC to let funds provide limited advice

ALEX DUNNIN  |  TUESDAY, 11 NOV 2008
... The relief given by ASIC aims to address what often falls within the grey area between general information and personal advice," said Vamos. "ASFA has specifically highlighted this grey area in its intra fund advice submission, ASFA sees 'implied personal ...

One-size rule does not fit advice

RUTH LIEW  |  THURSDAY, 17 JUL 2008
... limited to what customers want and that is pertinent to their needs. It is also calling for a re-definition of 'personal advice' and ensuring a minimum training requirement is applied to anyone who gives advice. Finally the FPA is encouraging the wider ...

ESSSuper to offer fin planning

MICHAEL HOBBS  |  MONDAY, 21 JAN 2008
... provide a full spectrum of financial planning services. "We'll be offering all levels of financial advice including personal advice which will be paid for by the member. However financial advice regarding superannuation, we're proposing, will be paid ...