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Showing 31 - 40 of 95 results for "Independent advice"

NAB still unclear on true impact of misconduct

KANIKA SOOD  |  FRIDAY, 19 OCT 2018
... Thorburn added. "In case of adviser services fee, we have given customers extra compensation to get additional independent advice separate from the bank." Thorburn admitted to the bank's shortcomings in gauging the non-financial impacts on affected ...

Morgan Stanley amends false independence claims

JAMIE WILLIAMSON  |  TUESDAY, 28 AUG 2018
... Morgan Stanley made a claim in an ASX announcement released by Praemium in June that its services included an independent advice offering. However, MSWMA accepts volume-based payments and commissions from product issuers in relation to the provision ...

Super fund shortlist practically advice: IOOF

JAMIE WILLIAMSON  |  THURSDAY, 19 JUL 2018
... "nudging" of consumers towards particular products equates to financial advice and undermines the need for quality, independent advice. IOOF also said a shortlist of 10 funds is impractical in the current climate and is likely to exclude many MySuper ...

Praemium signs wealth management heavyweight

KANIKA SOOD  |  TUESDAY, 5 JUN 2018
... Praemium for the launch of our Morgan Stanley SMA offering on our domestic client platform. A key feature of our independent advice offering is that our clients will have access to leading diversified global investment options," Chambers said. Praemium ...

Royal Commission to drive independent advice market: GlobalData

KANIKA SOOD  |  MONDAY, 30 APR 2018
... planners are likely to ditch the big four and AMP's wealth businesses to set shop alone, as customers move towards independent advice following the Royal Commission, according to GlobalData. Customers will become more discerning in their choice of financial ...

ASIC hits former Westpac, NAB, YBR adviser with permanent ban

ALEX BURKE  |  MONDAY, 5 MAR 2018
... used in launching his own financial advice business. ASIC said Khan did not ensure his client had obtained independent advice with regards to the "loan" or the "gift" and the money was largely spent on personal expenses. ASIC added that none of the $185,000 ...

IFAs tackling bank-owned competitors head on

KARREN VERGARA  |  FRIDAY, 16 FEB 2018
... GlobalData said. "Demographics that are not typically drawn to IFAs will find themselves more likely to opt for independent advice when they learn their trusted banking partner has been pushing products that are not in their best interests," the report ...

Prime accounts called into question by auditor

ALEX BURKE  |  TUESDAY, 3 OCT 2017
... Second, the directors confirmed that while changes were made to the ESP following the July EGM, Prime received independent advice that said changes would not affect profit and loss. Finally, given William Buck's disclaimer of opinion, the directors said ...

Managed accounts add brilliant value for dealer group

KARREN VERGARA  |  WEDNESDAY, 13 SEP 2017
Managed accounts are enabling an independent advice group to be more disciplined in its investment approach, and adding more value to the client relationship, according to its co-founder. GPS Wealth principal adviser and co-founder, Rob McGregor, who ...

Beacon merges with Libertas

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2017
... established in 2013 as a result of merging The Financial Link Group and Titanium Group. In addition to providing independent advice, Sydney-based Libertas offers mortgage broking services and assists self-managed super fund (SMSF) and superannuation ...