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Showing 651 - 660 of 2594 results for "SMS"

Former Apogee, GPS Wealth advisers banned

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2019
A former Apogee Financial Planning adviser has been handed a four-year ban for failing to provide appropriate advice. Meanwhile, a former GPS Wealth representative has been banned for three years for similar misconduct involving insurance products. ...

Vanguard swoops on superannuation

KANIKA SOOD  |  WEDNESDAY, 6 NOV 2019
Vanguard's Robin Bowerman says the investment giant's planned superannuation offering will have a place for financial advisers and won't be a strictly direct-to-investor product. "We are at the start of a journey of entering the superannuation ...

ASIC zeroes in on SMSF auditors

HARRISON WORLEY  |  WEDNESDAY, 6 NOV 2019
ASIC has taken action against three SMSF auditors for breaches and deficiencies in their auditing. The corporate regulator disqualified a pair of SMSF auditors and imposed conditions on another, after it found the auditors to be deficient across a range ...

ASIC calls out accountants

ELIZA BAVIN  |  TUESDAY, 5 NOV 2019
The Australian Securities and Investment Commission said it does not believe accountants provide "more compliant or better financial advice" than financial advisers. In its submission to the Review of the Tax Practitioners Board released by Treasury ...

Internal talent shuffle at AMP

HARRISON WORLEY  |  WEDNESDAY, 23 OCT 2019
AMP has redistributed talent across two business arms. After an internal shuffle, AMP Capital has a new head of transformation for its public markets business, in SuperConcepts general manager of customer service Stuart Develyn. Develyn shifts to AMP ...

SMSF scheme sees creator jailed

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
A 51-year-old was found to have unlawfully created, operated and benefitted from a fraudulent self-managed superannuation fund. Kent Nguyen was sentence to three years in prison after pleading guilty to orchestrating an illegal early release of a superannuation ...

SMSFs can meet aspirational lifestyle: Research

HARRISON WORLEY  |  TUESDAY, 22 OCT 2019
Latest research shows a significant proportion of Australians with self-managed super funds are set to retire with enough savings to fund lavish retirement lifestyles. SMSF actuarial certificate supplier Accurium claims many retirees with self-managed ...

Former adviser cops 12 years in jail

HARRISON WORLEY  |  FRIDAY, 18 OCT 2019
A former Brisbane financial adviser will serve at least six years behind bars, after being found guilty of six charges of dishonestly causing detriment to clients to the tune of $5.9 million. After a three-week trial, former Growth Plus Financial Group ...

AustralianSuper rules out SMSF options

KANIKA SOOD  |  THURSDAY, 17 OCT 2019
AustralianSuper chief executive Ian Silk said the $170 billion superannuation fund will not open its investment options to self-managed-superannuation, unlike HostPlus which made the move in June. The $43 billion HostPlus opened up some of its options ...

ASIC drags former adviser to court

HARRISON WORLEY  |  THURSDAY, 17 OCT 2019
A former financial adviser with a 25-year ban from the profession is facing court for allegedly using almost $2 million in client funds for his own benefit. Graeme Walter Miller appeared through his lawyer in Lismore Local Court on Wednesday, as the ...