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| | | ... ongoing, including two shareholder class actions, two in relation to superannuation products, two related to financial advice as well as a class action which commenced in New Zealand. "The board continues to monitor each of these proceedings and investigations," ... |
| | | | The financial advice sector could see the number of registered advisers sink to 11,000 and as low as 5500 in 20 years' time, Rainmaker Information predicts. These are some of the scenarios forecasted in the Rainmaker Adviser report. A more optimistic ... |
| | | | ... insurers last year. However, the report highlighted that there was a "clear need" for accessible and reliable financial advice to address the growing underinsurance problem which reportedly leaves 3.4 million people with inadequate protection in critical ... |
| | | | Financial Advice Association Australia (FAAA) general manager policy, advocacy and standards Phil Anderson has outlined the industry's biggest gripes with the collapse of Dixon Advisory and how it has been handled. Anderson said he is angry about the ... |
| | | | ... advisers of their obligations under the new regime, which has been in operation for four months. Berry told a Financial Advice Association Australia (FAAA) event yesterday that the "ongoing sustainability of organisations is certainly paramount in the ... |
| | | | ... consumers making investment choices and supported by financial advisers. "The number of Australians with complex financial advice needs will grow by 70% to 7.2 million consumers over the next 25 years, and the regulatory framework for consumers choosing ... |
| | | | A new report has identified how financial advice firms can bridge the value gap for prospective clients to get them on their books. Netwealth's 2024 Advisable Australian research, conducted in partnership with The Lab Strategy, found the barriers to ... |
| | | | ... and general insurance sector-related issues. AFCA has not yet provided a breakdown of the complaints related to financial advice, super, and life insurance, only flagging that banking and finance complaints rose 11% to 59,636. Scam-related complaints ... |
| | | | ... Management. Clearwater Portfolio Management handed Clime $240 million to help manage the funds on behalf of Victorian financial advice group DMG Financial Planning. Clearwater, a boutique multi-manager based in Sydney, manages the DMG Diversified Portfolio ... |
| | | | ... fully enjoy their post-working years. This can be achieved through better access to lifetime income solutions and financial advice, improved financial literacy at all ages, and a simplified retirement system," he said. "Most importantly this confidence ... |
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