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Showing 21 - 30 of 95 results for "Independent advice"

APRA outlines indemnity measures

ANNABELLE DICKSON  |  TUESDAY, 23 MAR 2021
... validation of provisioning and capital for material indemnities. For conduct-related indemnities, ADIs could receive independent advice on the likelihood of a claim on the indemnity. The latest development comes after APRA appointed Margaret Cole as ...

New managed portfolio on MyNorth

ELIZA BAVIN  |  MONDAY, 14 SEP 2020
... portfolio range following the launch of portfolios with advice practice, the Weinberg Private Group and other independent advice practices in 2019.

COVID-19 propels advisers, incumbents into the future

ALLY SELBY  |  MONDAY, 31 AUG 2020
... 17-40% of Australian advisers will exit the industry between now and 2023, it points to a positive outlook for independent advice. "The increased agility of independent advisers is an opportunity for faster transformation and adoption of new ways of ...

Industry-made retirement models are self-serving: SCA

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
... models will not overcome these failings. We need a bigger solution. We see value in the review considering the independent advice model in the United Kingdom and how it could benefit Australian consumers if transferred here." SCA teamed up with CHOICE ...

Queensland adviser barred from industry

ALLY SELBY  |  WEDNESDAY, 26 FEB 2020
... their SMSFs. ASIC argues he particularly let his clients down when he failed to recommend they obtain their own independent advice on these investments. ASIC found that he arranged loans from these clients for his own use, and in a number of cases "benefited ...

Dealer group restructures leadership

ELIZABETH MCARTHUR  |  TUESDAY, 4 FEB 2020
A major independent advice dealer group has announced a restructure that will see its long-serving executive director hand over the reins. Don Trapnell will be stepping back from day-to-day involvement in Synchron. He has dedicated more than five decades ...

SG debate puts super in a spin

HARRISON WORLEY  |  TUESDAY, 23 JUL 2019
... whether it's industry super, retail super, any super, they and their associations are not good sources of independent advice because they seek to reap the rewards of billions of dollars of more money of Australians' retirement savings," Paterson ...

Industry fund fined over independent advice claims

KARREN VERGARA  |  THURSDAY, 9 MAY 2019
... issued by the corporate regulator. ASIC alleged Hostplus provided misleading claims to consumers about offering "independent advice" in a recorded telephone message via its main contact number. The recorded telephone message referred to a free consultation ...

CBA, ASIC move to resolve AFSL conditions

KANIKA SOOD  |  WEDNESDAY, 10 APR 2019
... inappropriate advice that caused financial loss and offer affected customers, in addition to up to $5,000 to get independent advice from an accountant, financial adviser or lawyer. As a part of the final report, KordaMentha assessed compliance at Financial ...

New directors join Frontier Advisors

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAR 2019
... growth. "The board is resolute in its commitment to retain and build on the fundamental strengths, such as an independent advice model, that have made Frontier Australia's number one asset consultant," he said. "But the time is right to pursue additional ...