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| | | ... Rainmaker emphasised, however, that this scenario of retail wealth managers being under disruptive attack does not include reference to FOFA or the expected impacts of Robo Advice platforms - both of which are widely anticipated to accelerate the growth ... |
| | | | ... from there. The ValueSense Report (VSR), which is available via a quarterly subscription, is also designed to act as a reference guide for market and economic indicators and their relevance to investment outcomes. "The result is a three-tiered approach ... |
| | | | ... Surprise of surprises. San Fran after all was the seat of "Flower Power" - "The term later became generalized as a modern reference to the hippie movement and the so-called counterculture of drugs, psychedelic music, psychedelic art and social permissiveness." ... |
| | | | ... prices and falling revenue. But in media interviews following the budget announcement in parliament, Hockey avoided all reference to the cuts announced in last year's budget, most of which did not pass through the Senate. "We laid the foundations in ... |
| | | | The advice industry is divided over how to fund an insurance scheme to compensate clients who receive bad advice. A rise in professional indemnity premiums is only compounding the problem. Senators Nick Xenophon and Sam Dastyari proposed a statutory ... |
| | | | ... advice, either through direct sales or other agency sales or through group life policies inside superannuation funds." For reference, this proposed remuneration system is substantially stricter than existing arrangements, which include: upfront commissions ... |
| | | | ... provided. In other cases, clients were contacted with a letter headed "It's time to review your financial plan," with no reference to any issues with the advice provided or any investigations relating to the adviser. The forensics firm also confirmed ... |
| | | | During the Senate Economics References Committee's Scrutiny of Financial Advice inquiry, NAB chief executive Andrew Thorburn said the bank was prepared to take a "leading role" in addressing the compensation gap for victims of poor financial advice. ... |
| | | | CBA chief executive Ian Narev said that he supported the idea of individual adviser misconduct being noted on the ASIC planner register, but the issue was complicated by advisers resigning when the regulator began its investigation. Speaking at the ... |
| | | | ... practice it has led to funds being able to present their fees dishonestly. "The disclosed investment fees do not have any reference to the underlying asset allocation of the MySuper option," he noted. "Rice Warner would expect higher fees from higher ... |
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