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Showing 21 - 30 of 393 results for "Personal advice"

ASIC fines advice groups over unregistered advisers

JAMIE WILLIAMSON  |  THURSDAY, 17 JUL 2025
... licensees have paid infringement notices after they were found to have authorised advisers and had them provide personal advice while unregistered. Skye Money and Smart Financial Capital have both paid fines of $31,300 to ASIC for authorising an unregistered ...

ASIC funding levy to charge advisers $46.2m

KARREN VERGARA  |  FRIDAY, 4 JUL 2025
... estimates show. ASIC's Cost Recovery Implementation Statement (CRIS) report shows that advisers who provide personal advice to retail clients on relevant financial products, which comprises most of the sector, will pay $39.3 million. This is based ...

Profile Financial Services names new chief, chair

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
... "We are thrilled to welcome Shane as our new chief executive," Walsh said. "Shane's vision and passion for personal advice, and his deep understanding of the advice landscape, makes him the ideal leader to guide Profile. We are confident that under ...

4600 relevant providers yet to meet qualification standards: ASIC

KARREN VERGARA  |  TUESDAY, 24 JUN 2025
... Advisers Register and undertake a compliance program to determine if relevant providers remain authorised to provide personal advice to retail clients. From that date, AFSLs must ensure each relevant provider who intends to provide personal advice has ...

Superhero plans 'mass affluent' wealth play

JAMIE WILLIAMSON  |  MONDAY, 2 JUN 2025
... said. "Our aim is to bridge that gap, giving people confidence and clarity without going down the often costly personal advice route. "Advice is one of the biggest unsolved challenges in our space. We haven't seen anyone truly crack the nut on it ...

ASIC accuses Kalkine of providing unlicensed advice

ELIZA BAVIN  |  FRIDAY, 23 MAY 2025
... Kalkine." ASIC said it held concerns that Kalkine's representatives, who are based in India, may have provided personal advice as part of the sale of subscription services when Kalkine's AFSL only authorised it to provide general financial product advice. ...

Wealth management has never looked better: Knox

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
... selling investment portfolios with algorithms, and they haven't worked in Australia," he said. "We understand personal advice requires a Statement of Advice, it requires you look at a person's debt, at their personal circumstances and then you ...

Three AFS licensees pinged over compliance breaches

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
... Sherrin Partners Services - have copped infringement notices from ASIC after their financial advisers provided personal advice while unregistered. Each licensee paid a $31,300 penalty in March. The corporate regulator said it had "reasonable grounds" ...

AIOFP partners with fintech firm to offer white-labelled digital advice

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
... traditional costs." "Having the ability to finally offer these clients and referral partners access to affordable personal advice is a significant milestone for their business and for every working Australian," Johnston said. "AIOFP's relationship with ...

UniSuper targets 'missing middle' with new digital advice offering

ANDREW MCKEAN  |  FRIDAY, 21 FEB 2025
UniSuper has formed a strategic partnership with Ignition Advice to provide its members with personal advice on superannuation, insurance, investments, and retirement options. The $149 billion industry fund said the partnership expands its financial ...