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| | | About three years ago, robo-advisers, one by one, began dropping like flies. The likes of Six Park, Upstreet and Advice Intelligence either folded or were acquired. Even Ellerston Capital's ethically based robo-adviser, which launched in early 2023 ... |
| | | | ... many consumers were unable to lodge complaints in time as they did not understand the connection between the financial advice they received to the collapse of Shield and First Guardian. AFCA said the decision comes under exceptional circumstances and ... |
| | | | ... for free guidance services for retirees directly administered by the government, which will more likely be trusted than advice offered by super funds. "Super funds have a growing and important role in helping their members navigate retirement planning. ... |
| | | | ... these members to the position they were in before their retirement savings were eroded." Taking to LinkedIn, Financial Advice Association Australia general manager of policy, advocacy and standards Phil Anderson welcomed the move by Macquarie. "This ... |
| | | | ... information about members to group retirees in cohorts that reflect people's situations; connect retirement tools and advice with Age Pension rules to make things easier to understand and use; recognise that most retirees take out more than the minimum ... |
| | | | The Financial Advice Association Australia (FAAA) has named the finalists in its annual awards program, including Adviser of the Year. The awards acknowledge members who are committed to delivering the highest standards of trusted and professional advice ... |
| | | | ... alongside one of the largest and most experienced software investors. DASH partnered with S64 this year to provide financial advice firms access to private markets investments. |
| | | | ... there is also a strong focus on clients' best interests, particularly when putting together portfolios and Statements of Advice. "What I'm hearing more from a governance perspective is the best interests of their clients... I think they are positive ... |
| | | | ... corporate experience, and who was involved in raising very substantial sums of money, would not seek appropriate legal advice about obtaining an AFSL when it had clearly occurred to him that one might be necessary," Justice Derrington added. |
| | | | ... underserved market, and there needs to be more wealth advisers here." The US faces a similar talent shortage in financial advice. "There's always talk about need for more talent, because we have 100,000 advisers that will be likely to retire over ... |
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