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Showing 51 - 60 of 393 results for "Personal advice"

Sequoia seeks Takeovers Panel intervention

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... lesser industry publication number and SEQ's adviser number was the 39 advisers who are not licensed to provide personal advice but may provide general and wholesale advice," Crole and Pattison wrote in response. Sequoia had 376 advisers in total ...

Adviser fakes exam certificate, cops ASIC ban

KARREN VERGARA  |  FRIDAY, 26 APR 2024
... Management, has been banned from entering financial services. ASIC's investigation found that she rendered personal advice to 121 clients in circumstances where she knew that she did not meet the prescribed education and training standard. Baaini ...

Why aged care advice needs tougher regulation

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
... for consumers. "When considering the delivery of aged care advice, enforcing and strengthening the oversight of personal advice that falls under the Corporations Act requirements is crucial to improving the outcome for older Australians and their families," ...

Super advice fee deductions compound red tape: JAWG

KARREN VERGARA  |  MONDAY, 8 APR 2024
... fees are not taxable benefits for members. The regulation mandates that the financial product advice "must be personal advice that is wholly or partly about the member's interest in the fund" and replaces current requirements that the advice is "in ...

HUB24 growth officer jumps to AZ NGA

ELIZA BAVIN  |  WEDNESDAY, 3 APR 2024
... journey, as we seize the enormous opportunity in front of us to fill the void left by the institutional exit from personal advice. We want to partner with accounting and advisory firms to deliver quality advice to more Australians." Stafford has over ...

Tranche one of advice reforms hits parliament

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... to provide a fee disclosure statement. This was under Recommendation 8 from the QAR. Under Recommendation 10, personal advice providers should have the flexibility to decide how they disclose the information that is otherwise required to be in an FSG ...

Super funds in pole position for expanded advice

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... industry experts who say that super funds are in good stead to bolster the availability and affordability of "simple personal advice" as part of the Delivering Better Financial Outcomes package of reforms, which includes creating a new class of financial ...

ASIC chases 757 adviser registrations

KARREN VERGARA  |  FRIDAY, 9 FEB 2024
... 'registered'," ASIC warned. "If they are not recorded as 'registered', they will need to cease providing personal advice from midnight 15 February 2024, until such time as they are registered and noted as such on the Financial Advisers ...

Aussies want advice from their super fund: CFS

CHLOE WALKER  |  TUESDAY, 23 JAN 2024
... respondents who currently have a financial adviser. It found that almost half (44%) of consumers who have never received personal advice want their super fund to provide it. The majority of those (60%) who already have an adviser also want this. The ...

Adviser registration deadline moves to February 16

KARREN VERGARA  |  FRIDAY, 19 JAN 2024
... failure to comply could incur significant consequences for unregistered financial advisers who continue to provide personal advice, together with their AFSL. "The provision of personal advice by unregistered advisers is prohibited and carries significant ...