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Showing 701 - 710 of 9814 results for "Advisers"

FAAA 'frustrated' as Dixon inquiry delayed

ELIZA BAVIN  |  THURSDAY, 6 FEB 2025
... make commitments before the election." On January 31 the CSLR released its FY26 levy estimates which revealed financial advisers would likely have to fork out $70 million to fund the scheme, breaching the $20 million sub-sector cap. The CSLR put blame ...

FSCP orders adviser to undertake further education

KARREN VERGARA  |  WEDNESDAY, 5 FEB 2025
... obligations and the course must be approved by ASIC before it is undertaken. Last December, the FSCP reprimanded two financial advisers who failed to provide a thorough assessment of their clients' tax liabilities. The first financial adviser was ...

CSLR review will scrutinise effect on businesses

KARREN VERGARA  |  MONDAY, 3 FEB 2025
... to who will fund the balance of $50 million, the relevant minister at the time will make a determination. If financial advisers end up footing the bill, CPA Australia's spokesperson on financial advice Richard Webb said financial advisers could see ...

Syfe bids for SelfWealth, ups BFG's offer

KARREN VERGARA  |  MONDAY, 3 FEB 2025
... raised the stakes to 25 cents per share and edged AxiCorp out of the race. With the assistance of financial and legal advisers, SelfWealth said Svava's proposal "while indicative and non-binding, could be considered to become a superior proposal." ...

Resolution Life completes NZ$410m life business transaction

MATTHEW WAI  |  MONDAY, 3 FEB 2025
... scale, capabilities and broader reach in the local market. "We look forward to welcoming our new colleagues, customers and advisers, and remain committed to ensuring a smooth integration process that prioritises a good experience."

Jones instigates CSLR review, levy hits $70m

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
As new estimates show that financial advisers will have to fork out $70 million to fund the Compensation Scheme of Last Resort (CSLR) for the next financial year - breaching the $20 million cap - Treasury is now calling for a review of the controversial ...

Coast Advice teams up with New York private investment firm

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
... provides growth capital, management resources, and strategic advice. The Australian financial services firm, which has 15 advisers and 2500 clients nationwide, has partnered with Merchant Wealth Partners to support its growth. In a statement, Coastal ...

The regulatory pendulum has swung too far: FSC

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
... of the CSLR was announced today. "The fact is the growing cost of the CSLR makes the profession more unattractive for advisers, and the businesses that employ them, who are being saddled with higher regulatory levies to fund it. It's in the interests ...

VFMC wraps up leadership changes

ELIZABETH FRY  |  THURSDAY, 30 JAN 2025
... that, he was a consultant and a member of the fixed interest and portfolio construction research team at JANA Investment Advisers. Before joining JANA in 2010, he worked as an assistant portfolio manager at Vanguard Investments, covering domestic and ...

Orbis recruits investment specialist

ELIZABETH FRY  |  THURSDAY, 30 JAN 2025
... Orbis from sister company, Allan Gray Australia, where he served as a business development manager working with financial advisers and wealth management professionals in Victoria, Tasmania, and South Australia. He began his career with the Allan Gray ...