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Showing 391 - 400 of 895 results for "Ken"

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 ...

AMP platform fees laid bare

KARREN VERGARA  |  WEDNESDAY, 18 APR 2018
The Royal Commission brought to light several gaping holes in AMP's fee charging mechanisms across its platforms, as well as its inaction to comply with the legislative changes concerning opt-in financial advice fees. AMP head of platform development ...

Why wait for Royal Commission to address trust?

HARRISON WORLEY  |  WEDNESDAY, 18 APR 2018
A financial services industry group said its latest consumer research shows Australians care less about Royal Commission findings and are more concerned about professional standards. The Financial Services Institute of Australasia's (FINSIA) latest ...

MLC launches digital underwriting platform

KANIKA SOOD  |  TUESDAY, 17 APR 2018
MLC life insurance has launched a new digital underwriting platform and is promising to provide "instant quotes" for life insurance cover in as little as five minutes. The digital tool will query a comprehensive database of industry standard questions ...

ASIC lifts licence conditions on CountPlus subsidiary

KANIKA SOOD  |  MONDAY, 16 APR 2018
ASIC has lifted the licence conditions it imposed on a CountPlus subsidiary after it paid $2.5 million in remediation to its clients following a compliance issue in 2015. In September, 2015 ASIC placed additional licence conditions on Total Financial ...

FPA to fight latest FASEA proposals

JAMIE WILLIAMSON  |  THURSDAY, 12 APR 2018
More than 1700 of the FPA's membership have joined calls for the Financial Adviser Standards and Ethics Authority to take a more realistic approach to its development of professional standards. Just last week the FPA issued a questionnaire to its 13,700 ...

FASEA standards still lacking: FPA

ALEX BURKE  |  THURSDAY, 5 APR 2018
The Financial Adviser Standards and Ethics Authority education standards do not give sufficient recognition to existing advisers who have completed study, according to FPA chair Neil Kendall. The FPA has issued an online questionnaire to its 13,700 ...

Royal Commission to grill FPA, AFA

JAMIE WILLIAMSON  |  WEDNESDAY, 4 APR 2018
ASIC, financial advice industry associations and dealer groups will face the latest round of public hearings in the financial services Royal Commission. Led by Commissioner Kenneth Hayne, the inquiry has called upon the Financial Planning Association ...

Placer Property launches new fund

ALEX BURKE  |  WEDNESDAY, 21 MAR 2018
Specialist manager Placer Property is launching its third retail property fund and has appointed two new directors. The 333 Exhibition Street Property Fund is investing a commercial office building in Melbourne which is leased to the University of Melbourne. ...

More female clients requires more female advisers

JAMIE WILLIAMSON  |  THURSDAY, 8 MAR 2018
The increase in women seeking financial advice highlights not only the need for more female advisers, but also the benefits of embracing gender equality in the workplace. Integra Financial Services director Deborah Kent believes the increasingly holistic ...