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Showing 21 - 30 of 125 results for "Value of Advice"

The case for an overhaul of advice: Rice Warner, FSC

ANNABELLE DICKSON  |  TUESDAY, 20 OCT 2020
... more complex and or risky products or topics. The report noted the cost of advice can deduct from the overall value of advice. However, people who receive advice are generally happier. The proposal for simple personal advice would be cheaper and less ...

FPA renews calls for advice definition changes

ANNABELLE DICKSON  |  THURSDAY, 8 OCT 2020
... Commission reports which suggested the term 'general advice' is likely to lead to false expectations about the value of advice received. ASIC noted it would undertake additional research last year to identify a more appropriate term and test the effectiveness ...

Pandemic proves value of advice: FPA

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
The pandemic has been integral in highlighting the value of financial advice, according to new research. The Financial Planning Association of Australia's (FPA) inaugural Money & Life Tracker: COVID Edition reveals Australians with financial advisers ...

Specialist advice businesses optimal: Barrett

ELIZA BAVIN  |  THURSDAY, 10 SEP 2020
... delivering the advice, often when you get them one on one for a real truth telling session, they struggle with the value of advice. They struggle with truly backing their value proposition. That is because they are generalists." Barrett added that those ...

AMP advisers low priority for ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JUL 2020
... was told by ASIC that AMP's Buyer of Last Resort (BOLR) agreements being altered and subsequently slashing the value of advice businesses was not a priority for the regulator. In a letter to the chair of the Parliamentary Joint Committee on Corporations ...

Australians without advice struggle in pandemic: Research

ALLY SELBY  |  FRIDAY, 10 JUL 2020
New research has revealed the true value of advice, as the mental and financial wellbeing of Australia's unadvised population suffers from the impacts of the COVID-19 crisis. Fidelity International's latest Pulse Survey, which gauged the mental and ...

Value disconnect damages adviser relationships

ALLY SELBY  |  WEDNESDAY, 19 FEB 2020
... getting. "And it can be frustrating for clients if it seems that their adviser isn't meeting their expectations." The Value of Advice report argues the role of financial advice has changed. "While an adviser's worth used to be simply based on the adviser's ...

Fidelity backs personality tests

ELIZABETH MCARTHUR  |  FRIDAY, 31 JAN 2020
... plans to roll out client personality tests to financial advisers. The international fund manager released its Value of Advice report this week, with research from CoreData, which included insights into the personality types of clients. Fidelity Australia ...

Wealth giants shrink advertising budgets

KANIKA SOOD  |  FRIDAY, 17 JAN 2020
... advertising since 2015 when it spent about $1.2 million on a campaign aimed at creating awareness of its brand and the value of advice. Interestingly, the June 2015 campaign was then scrapped. However, some moved in the opposite direction. Cbus has gone ...

Vanguard swoops on superannuation

KANIKA SOOD  |  WEDNESDAY, 6 NOV 2019
... its application. "One thing to add is that will definitely be looking to work with advisers... we understand the value of advice" he said. The adviser channel is an important part of how Vanguard has built its Australian business over the last 20 years ...