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Showing 4051 - 4060 of 9819 results for "Advisers"

ANZ dragged its heels on adviser misconduct

ALEX BURKE  |  FRIDAY, 20 APR 2018
... Corporations Act and that his advice could lead to "considerable client detriment." Orr noted that the vetting process used for advisers was clearly inefficient, given that Doyle was able to circumvent it. Whereat suggested it was a failure specific ...

US regulator to extend fiduciary rule

JAMIE WILLIAMSON  |  FRIDAY, 20 APR 2018
... Exchange Commission is proposing to enhance the quality and transparency of investors' relationships with investment advisers and brokers while preserving access to a variety of types of advice relationships and investment products. The new proposals ...

RC questions adviser sales tactics

KARREN VERGARA  |  FRIDAY, 20 APR 2018
... increased fee disclosure transparency and the ability to opt-in regularly, Wright added. She then asked if financial advisers can be trusted advisers and sales people at the same time: Would it be feasible to provide advice in the form of a budget or ...

Royal Commission to boost ETFs: VanEck

KANIKA SOOD  |  FRIDAY, 20 APR 2018
... hears evidence on the conflicts of interest within vertically-integrated institutions. An increasing number of financial advisers have been using ETFs to diversify client portfolios since the Future of Financial Advice (FOFA) reforms, according to VanEck ...

Dead advice clients slugged ongoing service fees

JAMIE WILLIAMSON  |  THURSDAY, 19 APR 2018
... providing any advice to any clients. "This is the document from one risk and compliance committee forum. How many Count advisers would need to not be providing ongoing services before it was considered a systemic issue?" Hodge asked. "It would need to ...

RECAP: Advice in the Royal Commission spotlight (Days 1 - 3)

KANIKA SOOD  |  THURSDAY, 19 APR 2018
... confusing apologies, here's all the evidence heard by the Commission so far: April 18: CBA comes in, AMP goes out AMP advisers could dip into their client's investments to deduct fees if the clients' account did not have enough funds, the Commission ...

Royal Commission latest: CBA doing more with fewer advisers

KARREN VERGARA  |  WEDNESDAY, 18 APR 2018
It took Commonwealth Bank two years to notify ASIC its financial advisers were failing to meet ongoing service obligations - all during a time when it slashed adviser numbers and doubled its client base. This is according to CBA executive general manager ...

Cardena Private Wealth adds life insurance

KANIKA SOOD  |  WEDNESDAY, 18 APR 2018
... out today. "We are very proud of MBS's reputation and the opportunity for our highly experienced team of risk insurance advisers and talented operational staff to assist Cardena service the life insurance needs of their clients," MBS Director Kris Mason ...

AMP platform fees laid bare

KARREN VERGARA  |  WEDNESDAY, 18 APR 2018
... obligations to enable customers to opt-in to advice fees. Keating said customers would procedurally sign forms with their advisers, agreeing the platforms will automatically deduct fees from their accounts either every month or quarter and remit these ...

Insto licensees still bleeding talent

ALEX BURKE  |  WEDNESDAY, 18 APR 2018
The number of advisers using non-institutional licensees increased by 11.9% in the 12 months to December 2017, while institutionally-owned licensees saw adviser numbers fall by 4.4%. A new Rainmaker report explains that the number of registered advisers ...