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Showing 481 - 490 of 1109 results for "Notice"

High net worths want more: Research

HARRISON WORLEY  |  FRIDAY, 8 NOV 2019
Australia's high net worth investors are looking for more from their wealth advisers, including broader access to alternatives. The 2019 Powerwrap and Investment Trends HNW Investor Report shows 58% of HNWs have unmet advice needs, an increase of four ...

Managed funds fail to perform: Report

ELIZA BAVIN  |  FRIDAY, 8 NOV 2019
Rainmaker research has shown the managed funds' sector has acutely underperformed its benchmarks for the 12 months to 30 June. The Rainmaker Roundup Report found that only 10% of Australian equities large cap funds outperformed in 2018-19. "The scope ...

Advice practices urged to contact ombudsman

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 NOV 2019
... lookback audits, financial planning licensors shifting responsibility for client compensation payments to licensees, short notice periods provided to licensees exiting the business and restraint of trade provisions," Carnell said. Those seeking to contact ...

FASEA chief unaware of dwindling adviser numbers

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2019
... not the case that the profession is losing around 6.4% of financial advisers a quarter?" Glenfield took the question on notice and also failed to provide an answer on how many new advisers have joined the industry in 2019. Stoker responded by asking ...

RI Advice faces ASIC action

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2019
... second audit too and were later found to not be appropriate for the clients invested in them. In June 2015 Doyle was given notice of termination to take effect the following December but he was ultimately suspended by RI Advice in August of that year. ...

ASIC puts trustees on notice

ELIZA BAVIN  |  THURSDAY, 31 OCT 2019
The Australian Securities and Investment Commission has warned superannuation trustees to improve the standard of communication to fund members about Putting Members' Interests First (PMIF) reforms, hinting it may take action against funds if necessary. ...

Industry fund hikes insurance premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 30 OCT 2019
... member. The amount of cover in both instances has remained the same, despite the increased premiums. A significant event notice on WA Super's site states: "Over the last two years there has been a significant increase in the number of members claiming ...

AMP extends adviser deadline

JAMIE WILLIAMSON  |  WEDNESDAY, 30 OCT 2019
... Association have commented on the decision to extend the October 31 deadline originally given to financial advisers given notice by the wealth giant. Meanwhile, the AMPFPA has confirmed action against AMP will likely be filed before year end. Following ...

AMP contests senior lawyer's claims

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
... extremely personal and unsubstantiated attacks on my job performance in AMP's defence. These were not raised in my notice of termination and are not consistent with AMP's comments about my promotions, my salary and my bonus," Cook said. "They ...

IOOF to cut bonuses, pays Kelaher millions

ELIZABETH MCARTHUR  |  TUESDAY, 29 OCT 2019
... director Christopher Kelaher. The report shows Kelaher received a termination payment of $1,273,379 in lieu of his contractual notice period along with additional accrued leave entitlements. The report shows this is the equivalent of chief executive ...