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Showing 461 - 470 of 1635 results for "Recommended"

Colchester launches new fund

ELIZA BAVIN  |  THURSDAY, 19 SEP 2019
... which provide longer term and local buyers, and flexible exchange rates," Colchester said. The fund was awarded a "Recommended" rating from Zenith in August this year, stating it demonstrated proficiency in outperforming across a range of market cond ...

ASIC prepares to be primary super conduct regulator

ELIZABETH MCARTHUR  |  THURSDAY, 12 SEP 2019
... said ASIC's role in regulating the conduct of super funds was one of the most significant changes for ASIC to be recommended by the Royal Commission. While ASIC awaits legislative reform to cement its role in super, Hughes said ASIC is already positioning ...

ASIC bans financial adviser

KRISTI CHENG  |  WEDNESDAY, 28 AUG 2019
... adequately identify his clients' objectives, financial situation and needs, or investigate whether the financial products recommended were suitable. Goudie was an authorised representative of Risk and Investment Advisors Australia, and National Australia ...

Treasurer moves on broker remuneration

ELIZABETH MCARTHUR  |  TUESDAY, 27 AUG 2019
... government's response to the Royal Commission, releasing draft legislation is in response to recommendation 1.2 which recommended mortgage brokers be required to act in the best interests of the consumer and that any breach of that duty should be subject ...

ASIC to review end of grandfathering

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 AUG 2019
... Future of Financial Advice reforms in 2013, trail commissions on existing investments were exempt. The Royal Commission recommended an end to the payments as soon as practicable.

Salary sacrifice loophole bill insufficient: ISA

KRISTI CHENG  |  MONDAY, 19 AUG 2019
... Office noting in its 2015 audit of the ATO, "the SG Scheme operates largely without the intervention of the ATO". ISA recommended that the Senate Economics References Committee support Schedule 7 of the bill, so long as "all enhanced employer payroll ...

ASIC bans adviser again

HARRISON WORLEY  |  FRIDAY, 16 AUG 2019
... Chaucer Group revealed he failed to obtain adequate information from clients about their personal circumstances and recommended new insurance products without considering existing policies. Additionally, Aujla recommended insurance cover based on what ...

BT advice boss lands new role

KANIKA SOOD  |  WEDNESDAY, 7 AUG 2019
... transforming, creating growth opportunities." Wright was last year questioned about the conduct of a Westpac adviser who recommended securities to his clients without taking their individual circumstances into account and how the company dealt with ASIC ...

Adviser stole $200k from SMSFs

ELIZABETH MCARTHUR  |  TUESDAY, 6 AUG 2019
... Insignia Platforms. In addition to the theft, ASIC found Michael failed to disclose commissions on investments he recommended, failed to disclose conflicts of interest in investment recommendations, failed to prioritise his clients' interests ahead of ...

AFA, FPA slam haste in ending grandfathered commissions

KRISTI CHENG  |  FRIDAY, 2 AUG 2019
... and more-affordable products are available on the market," he said. The final report of the Hayne Royal Commission recommended repealing the grandfathering provisions "as soon as is practicable". De Gori said the cost of the commission is embedded in ...