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Showing 41 - 50 of 261 results for "General advice"

Stop orders placed on property funds

CHLOE WALKER  |  WEDNESDAY, 14 SEP 2022
... responsible entities of the funds from issuing interest in, giving a product disclosure statement for or providing general advice to retail clients recommending investment in the funds under the existing TMD. The ARP Fund solely invested in a portfolio ...

Active Super reaffirms commitment to regional members

JAMIE WILLIAMSON  |  FRIDAY, 2 SEP 2022
... assessing that... We are a fund with a long history of providing personal advice through our planners as well as general advice and education," he said. "Super funds have a huge role to play in delivering advice, particularly with members approaching ...

A sensible roadmap: Industry responds to QAR paper

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
The industry has welcomed Michelle Levy's draft reform proposals, saying the consultation paper released today provides "a sensible roadmap" and a way forward. The Quality of Advice Review consultation paper was released this afternoon, outlining ...

Focus on providing 'good advice': QAR draft proposals

JAMIE WILLIAMSON, CASSANDRA BALDINI  |  MONDAY, 29 AUG 2022
A focus on providing 'good advice', the scrapping of general advice, and allowing superannuation funds to provide personal financial advice are just some of the proposed reforms contained in the Quality of Advice Review's consultation paper. ...

FSC analyses super, advice developments

ANDREW MCKEAN  |  MONDAY, 1 AUG 2022
... greater clarity around how the Best Interest Duty is met and a review of key terms of advice (personal advice and general advice). Moreover, the retention of the Life Insurance Framework, retention of the Australian Financial Services Licence and support ...

ASIC issues first DDO stop orders

JAMIE WILLIAMSON  |  THURSDAY, 28 JUL 2022
... interests in RES Investment Fund - as well as providing a product disclosure statement about PPM Units or providing general advice to retail clients recommending PPM Units for 21 days. ASIC said the product's TMD included two categories of retail ...

Equity Story plans to throw finfluencers a lifeline

CASSANDRA BALDINI  |  MONDAY, 11 JUL 2022
... representative of Equity Story's AFSL, Walker can continue to provide his existing commentary and can now add general advice recommendations to subscribers and readers. Equity Story chief executive Trent McGraw said the acquisition marked the first ...

BTC Markets gains ASFL

CHLOE WALKER  |  TUESDAY, 21 JUN 2022
... finance gap and offer new products to its customers. The AFSL is currently focused on non-cash payment products and general advice, however variations may be added to the licence over time. BTC Markets chief executive Caroline Bowler said the licence ...

ASIC releases estimate cost recovery levies for 2021/22

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... $25.76 million in 2020/21. Constituting a much smaller cost recovery amount of $500,000, licensees that provided general advice only had an indicative flat levy of $486. The regulator expects a $37.92 million cost recovery from 95 super trustees, with ...

Breach reporting regime a distraction: Report

JAMIE WILLIAMSON  |  TUESDAY, 3 MAY 2022
A survey of compliance professionals has found 67% believe ASIC's breach reporting rules distract from other issues and the greatest proportion of reports filed relate to financial advice failures. A report from CoreData, Lawcadia and Gadens looks ...