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Showing 401 - 410 of 1613 results for "Recommended"

Will COVID-19 kill the balanced option?

ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
... took to LinkedIn to share his thoughts on the state of super, saying: "As a Certified Financial Planner - if I had recommended 60% of a client's portfolio in illiquid investments, under the guise of a balanced portfolio, I would be currently incarcerated." ...

Lonsec recommends PCFM fund

HARRISON WORLEY  |  THURSDAY, 2 APR 2020
... Management offering, recognising the firm's heritage in Chinese equities. The firm's Premium Asia Fund has been handed a recommended rating by the research house, who said it took a "positive view" of PCFM's "long heritage as a Chinese equity specialist". ...

Former ANZ adviser banned

ELIZA BAVIN  |  TUESDAY, 24 MAR 2020
... consider their existing products when providing personal advice," the regulator said. ASIC said for one client, Hilsley recommended replacing superannuation and insurance products without taking the client's pre-existing medical condition into account. ...

FPA advocates for reduced pension minimums

HARRISON WORLEY  |  FRIDAY, 20 MAR 2020
... reforms will not be informed by a clear picture of the consumer and their interests," the FPA said. The association also recommended ASIC monitor the increasing costs to practice as a planner, such as through government fees and charges, cost-recovery ...

Stand still, get left behind

ELIZABETH MCARTHUR  |  MONDAY, 16 MAR 2020
... policies, investment strategy, manager selection and monitoring, reporting and disclosure. "All investment managers recommended to JANA clients must integrate ESG considerations into their process to a level applicable for that asset class and investment ...

Early access to super scheme results in permanent ban

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 MAR 2020
... have failed to provide appropriate advice to a client and he failed to declare a conflict of interest. Goldenberg recommended the client invest in Mortimer Close in a statement of advice without disclosing that he was the company's sole director. He ...

Lack of independence must be made clear: ASIC

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... controlled by a separate entity without "express written authority" to the entity that controls the account. ASIC also recommended changes to the SIS Act for superannuation trustees, following the recommendations from the Royal Commission that advice ...

Thematic investing grows threefold

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... dominant players in the industry are Pictet Asset Management and Nikko Asset Management. In the report, Morningstar recommended thematic funds be used to complement rather than replace core holdings, due to their narrow exposure and high risk profiles. ...

Advice groups criticise rushed legislation

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
... advice and make financial advice inaccessible and unaffordable for everyday Australians," the association said. It recommended the removal of the financial disclosure statement requirement, saying that information is already provided in product statements ...

Consultation on mortgage broker best interests duty opens

ALLY SELBY  |  THURSDAY, 20 FEB 2020
... mortgage brokers can act in a consumer's best interests when assisting a client to apply for a product when they have recommended another product. ASIC commissioner Sean Hughes said the consultation will provide more clarity to mortgage brokers. "The ...