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Showing 31 - 40 of 76 results for "Advice groups"

New advice groups detrimental to consumers

HARRISON WORLEY  |  MONDAY, 18 NOV 2019
... exit wealth management will pale in significance to future failures he expects will come as a result of "fringe" advice groups. Appearing at the ASFA Conference in Melbourne last week, IPAC Securities co-founder and NAB director Peeyush Gupta said it ...

Beware adviser conflicts of interest: Lonsec

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
... in regards to fees. Nejasmic was previously head of sales at Xplore Wealth, a platform which allows advisers and advice groups to use its MDA licence and create their own model portfolios. "The test is to picture yourself before the regulator and ask ...

ASIC FAR, advice industry contract

JAMIE WILLIAMSON  |  MONDAY, 17 JUN 2019
... are the fastest growing while bigger groups contract or exit wealth entirely. For example, AMP and its associated advice groups shed more than 630 financial advisers in the three years to December 2018. Its flagship licensee, AMP Financial Planning ...

Melbourne advisory launches MDA

HARRISON WORLEY  |  THURSDAY, 30 MAY 2019
... service: consistency with its investment philosophy, value for money and a first class client experience. "Other advice groups we are working with have different investment beliefs or goals and their services vary accordingly," Sanders said.

Class makes managed accounts play

JAMIE WILLIAMSON  |  TUESDAY, 5 MAR 2019
... collaboration with Class, will significantly accelerate growth to make Philo an even more attractive partner to advice groups, platforms, asset consultants and investment managers." Philo was established in 2012 and has contributed to the managed account ...

OPINION: Post RC, where to now for retail super?

ALEX DUNNIN  |  MONDAY, 4 FEB 2019
... AMP + IOOF) should now step up a gear. In just the past two years the share of advisers in boutique non-aligned advice groups has jumped one third from 30% to 40%. Illustrating this, AMP is losing 20 financial advisers a month. Mild mannered regulators ...

Advice groups sign on to HUB24

KANIKA SOOD  |  WEDNESDAY, 9 JAN 2019
HUB24 has signed on two national advice businesses, as its total funds under management crossed the $10 billion mark. Brisbane-based licensee AdviceIQ Partners brings 31 registered planners to HUB24's platform. The licensee has added 10 planners ...

Royal Commission: And that is a wrap

KANIKA SOOD  |  FRIDAY, 30 NOV 2018
... our four administrative support staff," Orr said. Witnesses included the top lineups at banks, mortgage brokers, advice groups, superannuation trustees, insurers, regulators, external dispute resolution bodies, consumer groups and industry bodies. But ...

Gender diversity in advice dormant

JAMIE WILLIAMSON  |  FRIDAY, 9 NOV 2018
... comprising 22% of the country's advisers - a figure that has remained stagnant for several years. However, looking at advice groups, three of the big four banks have numbers approaching one third of their total adviser force. About 27% of the advisers ...

Life insurers admit to misconduct: Royal Commission

HARRISON WORLEY  |  MONDAY, 10 SEP 2018
... period the commission asked about, all life insurers appearing before the commission paid commissions to advisers and advice groups, totaling more than $6 billion with MLC (over $1.16bn) TAL (more than $840m) and OnePath (more than $830m) paying the ...