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Showing 481 - 490 of 1758 results for "Financial Planners"

Don't rage against the machine

MARK SMITH  |  THURSDAY, 4 JUN 2015
... "Consumers increasingly want to do things via their smart phone and, though unfairly, the level of trust in financial planners has gone down," she said. "Robo advice is not 'digital disruption', it is the proper response to advances in technology and ...

Trillion dollar super industry attractive to organised criminals

DARREN SNYDER  |  MONDAY, 1 JUN 2015
... investigations and intelligence suggest superannuation fraud is occurring through four key areas - the use of financial planners who are complicit in the fraud; deliberate use of investment structures that are complex, multi-layered, opaque and in foreign ...

CBA compensation payments total $79,702 so far

LAURA MILLAN  |  FRIDAY, 29 MAY 2015
... Bank (CBA) Open Advice Review program has paid $79,702 to five clients who received bad advice from the bank's financial planners, while most clients are still reviewing the compensation proposal. Independent expert for the compensation process Promontory ...

Mandatory qualifications will lead to adviser exodus

ALEX BURKE  |  WEDNESDAY, 27 MAY 2015
... conspiracy theory, but we're just mirroring what's already happening in the world," he said. "They lost about 30% of financial planners in banks and 20% of the IFAs. Different market, sure, but similar changes." Tynan said he feared for the "old and ...

IFAs to benefit from budget

ALEX BURKE  |  TUESDAY, 12 MAY 2015
... year's budget, they have concentrated on small business, so there are two aspects there. I think it's great for financial planners in respect to them being small business operators themselves," he added. "I also like that the government is trying to ...

CML launches $25m corporate bond issue

LAURA MILLAN  |  THURSDAY, 7 MAY 2015
... sophisticated or professional investors. "This is a market that is going from strength to strength as SMSFs and financial planners expand their horizons to find fixed-income assets that pay more realistic yields than the 2% available on term deposits," ...

FPA proposes risk commission cap

DARREN SNYDER  |  TUESDAY, 5 MAY 2015
... conflicted remunerations; and the removal of heavily restricted approved products lists (APL), support for financial planners meeting their best interest duty and tighter regulation. An FPA consultation survey will be open for a week and will form the ...

Adviser reputation hits all-time low

LAURA MILLAN  |  WEDNESDAY, 29 APR 2015
... down 4% from last year and they were number 17 in the list of Australia's thirty most respected professions. Financial planners are "at their lowest ever rating for very high or high 'ethics and honesty' following a series of scandals in the industry," ...

Industry meets behind closed doors to fix advice

LAURA MILLAN  |  WEDNESDAY, 29 APR 2015
... Council into a fully independent body. "The FPEC has worked over three years to set the core curricula for financial planners for 17 universities around the country. We have offered to give the work that this group has done to all the industry, but the ...

FEATURE: Where next for risk advice?

ALEX BURKE  |  TUESDAY, 28 APR 2015
... changes. Divided opinion The report has divided industry bodies, insurers, dealer groups, the media and individual financial planners. AFA chief executive Brad Fox has been one of its most vocal critics, arguing the remuneration recommendations will ...