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Showing 591 - 600 of 1758 results for "Financial Planners"

Financial Wisdom to face class action for poor advice

LAURA MILLAN  |  MONDAY, 16 JUN 2014
... than $200 million. "We have been contacted by a group of Australians who suffered loss at the hands of rogue financial planners employed by Financial Wisdom and its subsidiary Meridien Wealth," Shine Lawyers solicitor Sasha Ivantsoff said. The firm will ...

Exceeding your MAXpectations

MICHELLE BALTAZAR  |  FRIDAY, 13 JUN 2014
... safety zone and into the risk zone - with just rewards. 2. Test your Advertising Campaign - we invited two financial planners and two brand strategists to discuss this year's nominated advertising campaigns. Each delegate gets a workbook with all the ...

Baby boomers account for four in five dollars under advice

MARK SMITH  |  TUESDAY, 27 MAY 2014
... population and generational wealth differences have made retirees and pre-retirees the pre-eminent markets for financial planners - and, according to Investment Trends' December 2013 Retirement Planner Report, they are set to become even more important ...

FPA reveals 10 point plan to improve advice

LAURA MILLAN  |  FRIDAY, 23 MAY 2014
... Securities and Investments Commission (ASIC). According to the FPA, ASIC "should have suspension powers for financial planners and advisers suspected of material and systemic breaches of the best interest duty." ASIC must have a justifiable position ...

Intra-fund advice is also a commission: FSC

LAURA MILLAN  |  FRIDAY, 23 MAY 2014
... banning commissions in general advice. "Industry super funds do not pay sales commissions or other incentives to financial planners," Chief executive David Whiteley said. "The banks want to wind back provisions at the heart of FoFA, they want to extend ...

FPA and AFA unite: stop commissions on general advice

LAURA MILLAN  |  THURSDAY, 22 MAY 2014
... accountant? Why should I be paying fees for products that were recommended years ago?" he asked. Fox responded that financial planners provide ongoing advice and noted that "financial advice is going through a cultural shift." "Some products that were ...

FoFA changes to cost consumers millions

JAMES FERNYHOUGH  |  THURSDAY, 22 MAY 2014
... are not receiving. ISA chief executive David Whiteley said: "The report debunks any claims by the banks and financial planners that cutting consumer protections will reduce the cost of advice. The reality is that cutting consumer protections just increases ...

PROFILE: netwealth head of advice Simon Micallef

LAURA MILLAN  |  WEDNESDAY, 21 MAY 2014
... control 22 players in front of a large crowd, I would certainly be able to manage compliance for the bank and the financial planners," he says. Moving away from sales and into compliance, he saw many of parallels between business and sports. For the ...

BT to manage $1.2 billion for People's Choice

LAURA MILLAN  |  TUESDAY, 20 MAY 2014
... and wealth management options in addition to its banking services. People's Choice has a team of more than 30 financial planners and is looking to grow its presence in South Australia, Victoria, Northern Territory and Western Australia. "With $1.2 billion ...

Another Genesys executive leaves amid AMP restructure

LAURA MILLAN  |  MONDAY, 19 MAY 2014
... Robertson. An AMP spokesperson said that although some roles have been consolidated, "that does not directly impact financial planners." "It has taken some cost out of the business," AMP said. The group also said that "many of the Genesys team has been ...