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Search ResultsShowing 51 - 60 of 100+ results for "Financial Advice"
ASIC takes action against BTFM, Asgard, StatePlus
JAMIE WILLIAMSON  |  THURSDAY, 20 AUG 2020
... alleges that on 2643 occasions from September 2014 to August 2017 Asgard charged 404 customers around $130,006 for financial advice after requests were made for advisers to be removed from their product accounts and after the advisers ceased providing ...
Calls for consent forms, opt-ins to be scrapped
ELIZABETH MCARTHUR  |  TUESDAY, 18 AUG 2020
... Ardino and Synchron chair Michael Harrison, the dealer groups argued that the Royal Commission and Future of Financial Advice (FOFA) reforms have been unsuccessful and have only made advice less accessible to ordinary Australians. Ardino and Harrison ...
Class announces $4.2m acquisition
ELIZA BAVIN  |  THURSDAY, 13 AUG 2020
... operating a platform that has delivered over 500,000 documents to accounting, professional services firms and financial advice networks. Class chief executive Andrew Russell said the acquisition will complement Class' NowInfinity business and help grow ...
FSC calls for scaled advice model
ALLY SELBY  |  TUESDAY, 11 AUG 2020
... affordable advice to Australians at a time when they need it most. The COVID-19 crisis has seen a surge in demand for financial advice on issues relating to redundancies, retirement, life insurance and superannuation, the FSC said. Yet, increased costs ...
AMP, CBA, Westpac face potential class action
ELIZA BAVIN  |  TUESDAY, 11 AUG 2020
The financial advice arms of AMP, Commonwealth and Westpac are all facing a potential class action from law firm Piper Alderman. The law firm is calling on any customers who have acquired, renewed or continue to hold a financial product on recommendation ...
Chi-X TraCRs added to specialist platform
ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
... look for guidance on their investment decisions. "WealthO2 is a leading software provider for the Australian financial advice community and the addition of Chi-X products will only add to the innovative investment solutions available through the plat ...
Advice firm partners with mortgage aggregator
ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
... partnered with Loan Market, a mortgage aggregator, establishing a new business. The new joint business will be called Financial Advice Mortgage Solutions (FAMS). FAMS said the new business will bring together everything a professional financial advice ...
AMP, BT and CBA to face class action
ELIZABETH MCARTHUR  |  FRIDAY, 31 JUL 2020
... holders who got their insurance through Commonwealth Financial Planning, Financial Wisdom, Count Financial or BW Financial Advice. The class action against AMP has been filed in the Federal Court. Shine said it expects to file class actions against BT ...
IOOF increases FUMA, lifts remediation costs
ANNABELLE DICKSON  |  THURSDAY, 30 JUL 2020
... now aligns to that used by IOOF," IOOF said. For the June quarter, IOOF recorded net outflows of $93 million in financial advice, a stark decrease from the previous corresponding period that recorded outflows of $853 million. The recorded outflows for ...
Hobart adviser cops ban
ALLY SELBY  |  WEDNESDAY, 29 JUL 2020
... Financial Group authorised representative David Horton has been banned after ASIC found he had failed to provide financial advice that was appropriate and in the best interests of his clients, and also failed to keep proper records. The corporate watchdog ...
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