Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 951 results for "SOA"

Industrial property ensures big wins for TelstraSuper

ELIZABETH FRY  |  MONDAY, 21 NOV 2022
TelstraSuper investment chief Graeme Miller says exposure to industrial property delivered bumper returns for the superannuation fund as the boom in online shopping drove up values. The unlisted property sector makes up about 11% of the super fund's ...

We do get it: Levy

CASSANDRA BALDINI  |  FRIDAY, 18 NOV 2022
... acceptable", as well as concerns around financial advisers competing with non-relevant providers and what the Statement of Advice (SoA) might look like going forward.

If it ain't broke, don't fix it: Graham

CHLOE WALKER  |  FRIDAY, 18 NOV 2022
... before we do anything from that perspective." Graham said that regulators should consider ditching formal Statement of Advice (SOA) requirements, but he doesn't agree with paring back the use of SOAs. "SOAs generally are a disaster. They're bureaucratic ...

ASIC accepts EU firm from advice firm

CASSANDRA BALDINI  |  TUESDAY, 15 NOV 2022
... ASIC's attention following concerns the firm and its authorised representatives failed to provide Statements of Advice (SoA) to clients as required by the Corporations Act. The investigation identified the firm and its authorised representatives ...

Scientiam, DASH launch easy fund exit service

CASSANDRA BALDINI  |  WEDNESDAY, 2 NOV 2022
... contemporary solutions. The service, available via a subscription with Scientiam, leverages DASH's digital Statement of Advice (SoA) tool. It is exclusively offered through financial advisers and requires users to submit an adviser code when registering. ...

New ETF to invest in green metal producers

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
Global X has launched the Global X Green Metals Miners ETF (GMTL), investing in companies producing metal for clean energy infrastructure and technologies. The ETF launch comes as significantly more green metals are required to produce, transmit and ...

Tech providers support QAR SOA proposals

CASSANDRA BALDINI  |  THURSDAY, 29 SEP 2022
... In the response, titled Through the Lens of the Modern Adviser, Henderson highlights extensive research that points to the SOA adding little value. "With years of evidence clearly indicating that SOAs do not hold the true value of advice for most consumers ...

Ethical ETF popularity soars

RACHEL ALEMBAKIS  |  FRIDAY, 23 SEP 2022
Demand for ethical ETFs continues to surge, surpassing $8 billion, according to BetaShares. Total ethical ETFs listed on the ASX and Cboe are more than $8.5 billion, with BetaShares' range of ethical ETFs constituting nearly half, according to BetaShares ...

Burgeoning challenges of the advice industry: Padua

ANDREW MCKEAN  |  THURSDAY, 22 SEP 2022
... advice documents," she remarked. According to Financial Services Council (FSC) survey data, the average Statement of Advice (SOA) takes around 20 hours to produce. But, broken down further, the average Record of Advice (ROA) takes approximately two to ...

Focus on providing 'good advice': QAR draft proposals

JAMIE WILLIAMSON, CASSANDRA BALDINI  |  MONDAY, 29 AUG 2022
... by advisers given the heavy emphasis on templated content," Levy writes. She highlights that removing the requirement for a SOA and ROA with their prescribed content would place more responsibility on providers to consider how they should offer advice ...