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Showing 51 - 60 of 309 results for "Merit"

AIST proposes crisis preparedness standards to APRA

ANDREW MCKEAN  |  WEDNESDAY, 11 MAY 2022
... the balance of risks and credible recovery options for each sector and entity would vary but overall, the organisation saw merit in the industry receiving tailored guidance from APRA. Though notably, as a representative body for the profit-to-member ...

AFCA adopts case merit assessments

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
The Australian Financial Complaints Authority will permanently adopt a merit assessment process, so that complaints where no error or financial loss has occurred can be identified and excluded quickly. AFCA conducted a three-month pilot program last ...

AvSuper marks strong EOI response, adds to board

JAMIE WILLIAMSON  |  MONDAY, 28 MAR 2022
Over 75% of the superannuation funds invited to take part in AvSuper's expression of interest process have done so, the fund says, as it welcomes an industry stalwart to its board to assist with the process. Providing an update to members, AvSuper chief ...

Alpha females

ELIZABETH MCARTHUR  |  TUESDAY, 8 MAR 2022
... suggested there is some evidence that women are held to higher standards than men. He says the glass ceiling theory holds merit; it is tougher for women to climb the corporate ladder - and those who make it through the ceiling are likely to be exceptional ...

Advisers call out regulation backflip

KARREN VERGARA  |  FRIDAY, 4 MAR 2022
... will always allow the client to decide whether to continue with the complaints process, regardless of whether there is any merit in their case. With no disincentive for the client, the advice community is subject to the danger of moral risk under a principles-based ...

Value strategy drags Clime's performance

KARREN VERGARA  |  MONDAY, 28 FEB 2022
... reported a flat $1.8 million in statutory net profit for the same period. The wealth solutions division comprises GPS Wealth, Merit Wealth, The SMSF Expert and Paragem, which was acquired in February 2021. The unit's net revenue grew 30% year on year ...

NAB tops bad advice compensation bill

KARREN VERGARA  |  TUESDAY, 15 FEB 2022
The National Australia Bank's bad advice compensation bill has hit more than $1.2 billion - the highest liability among the major financial institutions. While NAB Financial Planning and NAB Private Wealth have remediated most of this amount with ...

Forum: Do managed accounts measure up?

MICHELLE BALTAZAR  |  MONDAY, 22 NOV 2021
Leading financial advisers, consultants and platforms will gather at a forum this Thursday to discuss the merits of managed accounts, how they have performed during COVID-19 and how to implement ESG advice within a managed account. Among the forum's ...

Women advisers drop to 21%

KARREN VERGARA  |  MONDAY, 22 NOV 2021
... The SMSF Advisers Network (33%), AMP Financial Planning (19%), Charter Financial Planning (18%), Morgans Financial (15%), Merit Wealth (30%), Synchron (17%), Capstone (24%), Commonwealth Financial Planning (37%), RI Advice (23%) and Consultum (17%) have ...

FSC advice reforms slash time, costs by 30%

KARREN VERGARA  |  TUESDAY, 12 OCT 2021
... statistically meeting one of those provisions, but failing the other, she said, adding that participants believe there is merit and value in reforming the provisions. This could either be removing the safe harbour completely or removing the safe harbour ...