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Showing 481 - 490 of 1613 results for "Recommended"

More advisers using ETFs

KANIKA SOOD  |  THURSDAY, 14 MAR 2019
... to create efficiencies in their businesses, and lower costs for clients." The report added half of the advisers who recommended ETFs to their clients indicated it improved their financial outcomes. It also helped advisers save time - with roughly 45% ...

Mortgage broker trail commissions to stay

KANIKA SOOD  |  WEDNESDAY, 13 MAR 2019
... hearings. The decision is at odds with the Royal Commission's final report's recommendation on the subject, which recommended lenders stop paying brokers trailing commissions on new loans as the first step in revamping the remuneration for the profession ...

FPA launches FASEA policy, education hub

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2019
... allocate to members who have completed the five-unit Certified Financial Planner designation. A study guide comprising recommended reading lists, study and time management tips, and academic writing and referencing guides is also available. "There are ...

FPA disciplines two members

HARRISON WORLEY  |  MONDAY, 4 MAR 2019
... Review Commission (CRC) found Brown breached the FPA Code in seven instances which centred on allegations he took or recommended the payment of commissions on insurance arising to advice he provided. Brown refunded the affected clients in a manner approved ...

APRA sets sights on 2019 targets

HARRISON WORLEY  |  FRIDAY, 1 MAR 2019
... the Royal Commission called it and ASIC out for their enforcement behaviour. The commission's final report even recommended a new regulatory overseer as a result. APRA chair Wayne Byres said its inquiry into the Commonwealth Bank and issues at the ...

Chief economist update: Nerves of steel

BENJAMIN ONG  |  FRIDAY, 22 FEB 2019
... growth in wages the ABS reported only yesterday. I was going to contest Bill's two rate cuts this year - I only recommended for the RBA to cut only one (ehem, ehem) - but recent news that China's starting a trade war with Australia - it's ...

Super needs a clear objective: Cooper

HARRISON WORLEY  |  THURSDAY, 21 FEB 2019
... to family trusts. SMSFA chair Deborah Ralston said it was strange that after the Financial System Inquiry in 2014 recommended a clear objective for the aim of the super system be established, it still hadn't occurred. SMSFA head of policy Jordan George ...

AFCA hears legacy complaints

KANIKA SOOD  |  THURSDAY, 21 FEB 2019
... internal dispute resolution process, this timeframe is reduced to two years." In his final report Commissioner Hayne recommended that Australian financial services licence (AFSL) holders should be obliged to take reasonable steps to co-operate with AFCA ...

Accountant banned for bad SMSF advice

HARRISON WORLEY  |  TUESDAY, 19 FEB 2019
... accountancy practice - Saber Accountants - prepare the annual accounts and tax returns for SMSF clients, she had effectively recommended the services of a related party so as to earn extra revenue for herself. ASIC Commissioner Danielle Press said financial ...

ASIC appeals Westpac Federal Court decision

JAMIE WILLIAMSON  |  MONDAY, 18 FEB 2019
... BT Funds Management (BTFM) had breached the Corporations Act in 2014, during two telephone campaigns in which staff recommended the rollover of superannuation accounts to Westpac/BT super products. However, the judge said ASIC failed to prove the phone ...