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Showing 431 - 440 of 1635 results for "Recommended"

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 ...

The sick short: Banking big on the coronavirus

ALLY SELBY  |  WEDNESDAY, 19 FEB 2020
... affected." Dawes said Shaw and Partners had been playing ASX-listed Aeris Environmental to benefit from the pandemic, and recommended investors short anything China-facing. He pointed to the consumer discretionary sector (Treasury Wine Estates in particular) ...

Netwealth leads the platform pack

ALLY SELBY  |  TUESDAY, 18 FEB 2020
... Investment Trends also touted managed accounts as a key development area for platforms. It found 35% of financial advisers recommended managed accounts in 2019, up from 30% the previous year. Currently, 13 of the 18 platforms evaluated offer managed ...

FSC calls for CSLR claims cap

ALLY SELBY  |  FRIDAY, 14 FEB 2020
... issues such as capital adequacy and robust professional indemnity insurance for advice firms," it said. This FSC also recommended that the CSLR scheme be "mid-coverage" and "targeted" at the sectors typically involved in unpaid compensation. Loane argued ...

Super fund reveals ASX 100 equality laggards

ALLY SELBY  |  TUESDAY, 11 FEB 2020
... S&P/ASX 100 from best to worst when it comes to gender equality in the workplace. The Gender Equality Report also recommended changes the Aussie businesses could make to address gender inequality. Future Super said the investor community had the power ...

Corrupt adviser banned, AFSL canned

ALLY SELBY  |  TUESDAY, 4 FEB 2020
... business based out of Brisbane and Broadbeach on the Gold Coast. The ASIC review found the Smart Solutions director recommended clients switch out of their existing superannuation and insurance products into higher fee paying products. It also found ...

ISA reaffirms stance on super guarantee

ELIZA BAVIN  |  TUESDAY, 4 FEB 2020
... maturing and there are inefficiencies and inequities that can be improved," ISA said. ISA's submission to the review recommended that super funds need to meet performance benchmarks or be removed from the system by APRA, expanding workplace award coverage ...

Regulators should face consequences for non-compliance: FSC

HARRISON WORLEY  |  FRIDAY, 31 JAN 2020
... comments on this aspect when the consultation draft is made available," the FSC said in its submission. The FSC also recommended the oversight authority commences operations at the same time the bill commences, given it will oversee compliance with the ...

ASIC bans former Godfrey Pembroke adviser

HARRISON WORLEY  |  THURSDAY, 30 JAN 2020
A financial adviser who recommended his clients invest in a start-up company which crumbled a year later has been banned from the financial services industry for six years. Adelaide-based financial adviser Adrian John Cassidy has been banned from providing ...