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Showing 381 - 390 of 393 results for "Personal advice"

FPA opposes creation of product sellers

... approach to financial planning while at the same time increasing compliance costs. "We believe that the definition of personal advice is too broad and gives rise to practical problems. Personal advice carries an obligation on the planner to meet disclosure ...

HESTA gives members free super advice

HAMISH MADDEN  |  WEDNESDAY, 17 JAN 2007
... network of Superannuation Service Advisers (SSA). HESTA members can arrange to meet an SSA in their workplace for personal advice on investment choice, voluntary and additional super contributions, insurance, account consolidation and other super issues. ...

At long last some logic on FSR streamlining

ALEX DUNNIN  |  FRIDAY, 17 NOV 2006
... paper. Reinforcing this, the paper also suggests, "Removing the requirement to provide a Statement of Advice when personal advice is provided that does not involve the recommendation of a product and no remuneration is received for, or in relation to ...

Build a realistic charging model

ALEX DUNNIN  |  TUESDAY, 31 OCT 2006
... variability is because there can be confusion about what service an adviser is providing. Is it general advice, is it personal advice, is it information, or is it "arranging"? "You should charge differently for general advice compared to personal advice ...

Sen Chapman explains Parliamentary Inquiry

ALEX DUNNIN  |  TUESDAY, 31 OCT 2006
... the need to streamline Statements of Advice (SoAs), the need to clarify how general advice is quite different to personal advice and how promotional costs for super funds should be fairly paid for. But the role of regulators in allegedly acting counter ...

Ban default super funds: FPA

ALEX DUNNIN  |  WEDNESDAY, 25 OCT 2006
... advice?" David O'Reilly, IFSA policy director for regulation, said, "The dividing line between general advice and personal advice is difficult." "This is something the Committee will have to come to terms with," responded Senator Brandis. "As superannuation ...

ASIC issues guidance on general advice warning and SOAs

... the basis of a hypothetical financial planning in consultation with financial planning experts and deals with personal advice, insurance, investing in managed funds and basic deposit products. Cooper says the ASIC example SOA has been designed as an ...

REST teams up with Money Solutions to provide financial advice

... negotiated an exceptionally attractive and competitive package that bridges the gap between general advice and personal advice." "This service will enable members to get started in taking control of their financial affairs and empower them in their long ...

ASIC issues guidance about general financial advice

... that general advice warnings are not always meaningful for consumers and that distinguishing general advice from personal advice is not always easy," says ASIC's director of regulatory policy Mark Adams. The guidance broadly considers the questions ...

ASIC reveals financial services refinement projects

... August 2005 to allow unlicensed product issuers to provide a simpler GAW in their advertising. Rules surrounding personal advice will also be looked at with ASIC to clarify possession of a client's personal information does not constitute the issuing ...