Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 28 of 28 results for "Records of Advice"

Advice, ETFs and SMAs form powerful combination

JAMIE WILLIAMSON  |  THURSDAY, 3 AUG 2017
... implemented SMA model portfolios of exchange-traded funds. With about 360 clients, this eliminated the need for records of advice (RoAs) when a change in asset allocation was enacted. "If we assume that each RoA takes two man hours and each client enacted ...

ASIC bans ex-Macquarie Equities trader

ALEX BURKE  |  WEDNESDAY, 17 AUG 2016
... operate discretionary trading accounts even when this was not the case; in these instances he also created false records of advice. ASIC commissioner Peter Kell said: "Investors should feel confident that financial advisers are acting within the authority ...

ASIC bans Commonwealth Financial Planning employee

DARREN SNYDER  |  WEDNESDAY, 1 APR 2015
... While Zaicew was suspended from CFPL, Locksley also prepared and backdated around 40 other documents, including records of advice, to give the impression they had been prepared at the time of the client transactions. Locksley has a right to appeal to ...

ASIC ends Macquarie EU but sees gaps in advice files

LAURA MILLAN  |  FRIDAY, 13 FEB 2015
... ASIC noted that KPMG's review of a sample of client advice files shows there are some issues in the quality of records of advice and that further improvements are required in key areas such as recording the advice given, recording advice on alternative ...

ASIC dictates seven-year ban for rogue CBA adviser

LAURA MILLAN  |  MONDAY, 7 APR 2014
... information in three documents to record client instructions that were not in fact given and backdated four records of advice contained on client files. Zaicew's conduct was identified as part of an enforceable undertaking (EU) accepted by ASIC in October ...

May the FORCe be with you

ELISE BURGESS  |  THURSDAY, 16 SEP 2010
... system to help their advisers who must conduct client reviews every 12 months. "Time spent drafting reports or records of advice is minimised, through use of wizards, once-only entry of data, fully integrated analysis and modelling tools and fast reporting ...

Praemium upgrades p-Desktop

RUTH LIEW  |  TUESDAY, 13 MAY 2008
... advisers can now conduct portfolio reviews, inclusive of clients tax reporting, manage client trades and maintain records of advice from the same platform that delivers our market data and client portfolios," said David Evans, founder of Evan & Partn ...

Government offers industry the simple life

CHRIS NICHOLLS  |  FRIDAY, 25 MAY 2007
Advisers will be able to offer simplified records of advice to clients investing less than $15,000, while businesses can post annual reports and new or revised product information online, under proposed new Simpler Regulatory System reforms. The bill ...
PAGE:
3