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| | | Establishing a framework to prevent disasters like the Shield Master Fund and First Guardian Master Fund from happening again will be the focus moving forward, minister for financial services Daniel Mulino told the Financial Advice Association Australia ... |
| | | | ... laws after the financial services Royal Commission. But [they] drove up the costs and made it harder for [advisers] to service clients. All those laws didn't protect investors in First Guardian, Shield [and] many others," Conaghan said. He also believes ... |
| | | | ... from the Philippines and India, where many practices have a dedicated back-office team. Roles in administration, customer service officers and paraplanners, which have declined in advertising rates in Australia by about 9% this year, she said, are mainly ... |
| | | | ... for their advice. That would mean that if those people were in place, whether it's as part of a broader financial service licensee or whatever, they wouldn't have that same flexibility to receive remuneration," Ross said. "They'd need to ... |
| | | | ... Retrac director Travis Carter, who co-hosted the session, said not only does it save time, but it provides a level of service to clients who may have not received a cash-analysis before. "Five years from now to 2030 what does the industry look like? ... |
| | | | ... obligations under item 54 of the regulations, and they will not be captured unreasonably by the new Tranche 2 designated service definitions," she said. From 2026, significant changes to the AML/CTF regime will impact financial advisers and licensees. ... |
| | | | ... Orrock said: "The research reinforces that the most valued advisers are those who deliver a truly high-touch, personalised service that focuses on the whole picture. These advisers help clients navigate not just investments, but family, legacy, and life's ... |
| | | | HUB24 has taken an equity stake in Finura Digital, the parent company to Advice Designer, a SaaS platform that helps financial advisers automate their advice production processes. In addition, HUB24 will introduce myhub, an "ecosystem concept" being ... |
| | | | ... investment capability, stabilise Platinum's funds under management, and leverage L1 Capital's distribution and client service capabilities," Russell said. L1 Group recently raised $286 million through an institutional placement which Russell said ... |
| | | | Financial advisers need to tackle inherent behavioural bias in members and build simpler frameworks to improve retirement outcomes, according to research by Industry Fund Services (IFS). The whitepaper, published in collaboration with Challenger, identified ... |
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