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Showing 481 - 490 of 4381 results for "financial advice"

Committee calls for 'sick agency' ASIC to be split in half

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... Importantly, it said all reasonable steps should be taken to ensure levies charged on industry subsectors, like financial advice, under the Industry Funding Model are reduced commensurate with this increased resourcing to the regulator. It added that ...

Retirement Income Covenant still weak: APRA, ASIC

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
Superannuation funds continue to grapple with their retirement income strategy obligations, citing financial advice regulation uncertainty, costs, and the lack of member engagement as major barriers. This is according to joint oversight by ASIC and ...

Key advice executive leaves Aware Super

JAMIE WILLIAMSON  |  MONDAY, 1 JUL 2024
... and advice role. Forman joined Aware Super in October 2019 from BT where she had served as national head, BT Financial Advice. She spent about 15 years at BT in all, including as head of product and head of advice offers. Aware Super chief executive ...

New recruits top advice industry priority: FAAA

KARREN VERGARA  |  FRIDAY, 28 JUN 2024
... those who remain bear the brunt of paying heftier levies that aggravate the costs of running a business and puts financial advice further out of reach for Australians. The latest figures from the Financial Advice Association Australia (FAAA) show that ...

ASIC freezes assets of Melbourne based licensee

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... Securities and Investments Commission (ASIC) has obtained interim orders from the Federal Court freezing the assets of financial advice licensee United Global Capital and related property investment company Global Capital Property Fund Limited (GCPF). ...

Nominations open for FS Power50

STAFF WRITER  |  TUESDAY, 25 JUN 2024
... considered 'influential' advisers must be and continue to be instrumental in shaping the future of the financial advice industry. They are individuals who make a meaningful difference in their clients' financial wellbeing, actively participate ...

Financial advice profession 'lacks consistent protocols'

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
The financial advice profession "lacks consistent protocols" for handling suspected financial abuse and there are insufficient whistleblower protections, according to the Financial Advice Association Australia (FAAA). In its submission to the Parliamentary ...

Super account advice fees a sticking point for advice bill: Senate inquiry

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
... supports the intent of Recommendation 7, trustees should nevertheless "not be obliged to check every piece of financial advice as the bill simply codifies current practice into law." Many stakeholders who submitted feedback to the inquiry referred to ...

Early contributions boost retirement balances

ANDREW MCKEAN  |  FRIDAY, 21 JUN 2024
... founder Paul Feeney said that innovative technology is key to delivering scalable, affordable, and accessible financial advice to everyday Australians. "Otivo's recent modelling shows just how much starting extra super contributions early can boost ...

Inflation weighing on next generation of retirees

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
... without benefits. Natixis country head of Australia and New Zealand Louise Watson said Gen X is highly in need of financial advice. "Gen X are facing a complex set of circumstances that perhaps make them the generation with the greatest need for financial ...