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Showing 41 - 50 of 9819 results for "advice"

New SEC chair affirmed, FCA chief reappointed

MATTHEW WAI  |  FRIDAY, 11 APR 2025
... uncertainty. "With the ongoing market volatility and economic uncertainty, the need for professional, objective financial advice has never been greater," he continued. "The rules of the regulatory road must be clearly defined so financial advisers and ...

Falcon Capital, First Guardian fund to be wound up

MATTHEW WAI  |  FRIDAY, 11 APR 2025
... assets into a retail choice superannuation fund and then invest into the First Guardian Master Fund. Some investors received advice to set up self-managed superannuation funds (SMSFs) to facilitate investments into the fund. ASIC alleged that investors ...

ASIC asks for input on reportable situations, IDR dashboards

JAMIE WILLIAMSON  |  THURSDAY, 10 APR 2025
... In December, ASIC published the inaugural IDR data report, flagging concerns that firms were not reporting correctly. In advice, service-related issues were overwhelmingly the top complaint, accounting for three times more complaints than the second ...

Clients' evolving circumstances a 'key barrier' for advisers: Netwealth

MATTHEW WAI  |  THURSDAY, 10 APR 2025
... periods. The targeted audience in the research were segregated into three categories: Newcomers - who have received financial advice for less than three years; Settled - between three to five years; and Loyals - for more than six years. By looking at ...

Three AFS licensees pinged over compliance breaches

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
Three AFS licensees - Australian Advice Network, IA Advice, and Sherrin Partners Services - have copped infringement notices from ASIC after their financial advisers provided personal advice while unregistered. Each licensee paid a $31,300 penalty in ...

AIOFP partners with fintech firm to offer white-labelled digital advice

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
... Independently Owned Financial Professionals (AIOFP) has partnered with fintech firm moneyGPS, which will provide its digital advice platform to the advice association's 120 AFSL members and 5000 financial advisers. Through the partnership, AIOFP members ...

Fitzpatricks names head of product

KARREN VERGARA  |  TUESDAY, 8 APR 2025
... general manager of funds management marketing. In early 2025, Fitzpatricks Private Wealth was rebranded to Fitzpatricks Advice Partners. Fitzpatricks chief executive Andrew Fairweather said: "Andrew will be responsible for setting the group's product ...

UGC's AFCA membership to cease

KARREN VERGARA  |  MONDAY, 7 APR 2025
... membership effective May 31. UGC, which is now in liquidation, began providing financial services, including financial advice, in 2017 to retail and sophisticated investors. ASIC's investigation into UGC found it advised prospective clients to establish ...

Count acquires Adelaide advice firm

MATTHEW WAI  |  MONDAY, 7 APR 2025
... partnerships." Johnston Grocke brings $3.8 million in new revenue to Count's business and over half (60%) comes from financial advice services, Count said. Once the merger completes in May, Count Adelaide will carry forward the combined business approaching ...

Aussies need help to navigate the great wealth transfer: Fidelity

MATTHEW WAI  |  FRIDAY, 4 APR 2025
... investment strategy once receiving an inheritance, and two in three would be at least somewhat likely to seek financial advice, Fidelity said. Although most said they would seek help from family members, close to two in five said they would consider ...