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Showing 4231 - 4240 of 9819 results for "Advisers"

Population growth drives real income

DARREN SNYDER  |  THURSDAY, 25 JAN 2018
... Fund ticking, according to portfolio manager Ashton Reid. Speaking to Financial Standard this week, Reid said financial advisers are currently seeking between an eight and 12% return for clients reaching retirement and aiming to have sustainable income. ...

FPA clarifies role in shaping existing adviser standards

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2018
... The Financial Planning Association of Australia has distanced itself from the draft education guidelines for existing advisers proposed by the Financial Adviser Standards and Ethics Authority, despite having its own accreditation standards at their foundation. ...

Vertically integrated institutions failing to manage conflicts of interest

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2018
Financial advisers employed by Australia's five largest vertically integrated institutions failed to act in the best interests of clients 75% of the time, favouring their own products and leaving clients ''significantly worse off" in 10% of cases. These ...

Traditional advice strategies pose retirement risk

JAMIE WILLIAMSON  |  WEDNESDAY, 24 JAN 2018
HLB Mann Judd wealth management partner Jonathan Philpot said advisers should review wealth building strategies as the common tactic of investing savings in the name of the lower income-earning spouse once a mortgage has been paid off. This can have ...

CBA advice compensation bill balloons

KARREN VERGARA  |  WEDNESDAY, 24 JAN 2018
CBA is set to compensate a further $1.9 million to customers affected by five former "high-risk" financial advisers, according to ASIC. CBA will review the five former representatives' advice, licenced under subsidiaries Commonwealth Financial Planning ...

Advice group solidifies Gen-Y positioning

JAMIE WILLIAMSON  |  WEDNESDAY, 24 JAN 2018
The future of financial advice will be built around businesses which cater to niche markets, leading to more advisers joining boutique planning groups. This is the view of Wealth Enhancers co-founder and chief investment officer Finn Kelly. The firm ...

HUB24 responds to adviser demand

JAMIE WILLIAMSON  |  TUESDAY, 23 JAN 2018
... a raft of upgrades to HUB24's functionalities, which also include a super contributions tracker. The tracker enables advisers to track clients' contributions to their superannuation. It also allows advisers to generate reports and monitor client progress ...

Lack of advice costing women in retirement

JAMIE WILLIAMSON  |  MONDAY, 22 JAN 2018
Financial advisers must work closely with female clients to devise strategies to safeguard their retirement savings in the event of a career break. Insight from a recent REST Industry Super survey shows career breaks are costing women at least $160,000 ...

Phone leads life insurance sales: Roy Morgan

KARREN VERGARA  |  MONDAY, 22 JAN 2018
... consumers are increasingly relying on the internet and digital devices to purchase life insurance instead of financial advisers. The internet is a rich source of advice for 28.7% of adults aged between 30 and 60, compared to 24.7% who use a financial ...

ASIC puts corner-cutting advisers on notice

JAMIE WILLIAMSON  |  MONDAY, 22 JAN 2018
... nominations are at risk of being rejected by trustees as it has become aware of a widespread practice among financial advisers claiming to have witnessed client signatures or allowing staff members to witness, without actually being present. In some ...