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Showing 711 - 720 of 4378 results for "Financial advice"

Investors trust ChatGPT for advice

KARREN VERGARA  |  MONDAY, 26 JUN 2023
An overwhelming number of investors believe ChatGPT will provide accurate financial advice, flagging they will lean on artificial intelligence as their trusted adviser in the future. According to the Investor Index study of 1100 UK investors with a ...

Advisers embrace less back-office burden

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
... calculated the advice process to cost $5334.64. By removing the Safe Harbour Steps, this will reduce the cost of financial advice by 9-11%, they said. "We recognise that the Safe Harbour Steps helps guide appropriate advice in line with the best interest ...

CSLR finally passes senate

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
... Bill 2023, provides victims of financial misconduct access to redress and compensation. The CSLR covers personal financial advice, credit intermediation, securities dealing and/or credit. It enables consumers who have an unpaid determination from the ...

ALRC to simplify, restructure advice laws

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
... Australian Law Reform Commission's (ALRC) third and final interim report is proposing to restructure and simplify financial advice regulation after finding the industry is regulated very differently to other financial services sectors. Interim Report ...

Large AFSLs lead advice complaints: AFCA

KARREN VERGARA  |  THURSDAY, 22 JUN 2023
... complaints among the advice firms with 81 filed between July 2021 and December 2022. Isolating the high volume of financial advice-related complaints for Dixon Advisory and Superannuation Services of 1763 at the end of the period, AMP has the lion's ...

Westpac plans aggressive platforms play

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
... simpler and focused business than ever. The only thing we do now is platforms, and our purpose is to enable quality financial advice to thrive. When you think about it from that perspective, what this announcement does is just enable us to get on with ...

Australian Retirement Trust names chief of retirement

KARREN VERGARA  |  WEDNESDAY, 21 JUN 2023
... years of experience has predominantly been in the retail sector, working in roles across product, strategy, and financial advice. She spent more than 18 years at Macquarie Group and held senior roles at MLC and National Australia Bank. ART chief executive ...

ASIC releases May exam pass rate

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... while completing their Professional Year of work and training. The exam tests candidates in three core areas: financial advice regulatory and legal obligations, including Chapter 7 of the Corporations Act, the Anti-Money Laundering and Counter-Terrorism ...

FAAA awards Gwen Fletcher Memorial prize

KARREN VERGARA  |  WEDNESDAY, 14 JUN 2023
The Financial Advice Association Australia (FAAA) has awarded a Gwen Fletcher Memorial Award to a Sydney-based financial adviser. Kristine Pham, an associate private wealth adviser at Lipman Burgon & Partners, won the award for the first semester of ...

Sequoia backs budding investment manager

CASSANDRA BALDINI  |  TUESDAY, 13 JUN 2023
... exciting, and enhances our vision to offer access to a variety of leading fund managers within a single fund to the financial advice market," he commented.