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Showing 771 - 780 of 2375 results for "Majority"

Priced out: Advice affordability at risk

ELIZABETH MCARTHUR  |  MONDAY, 9 SEP 2019
... advice clients believe the removal of life risk commissions would increase underinsurance. While the research found a majority of clients were willing to pay an upfront fee - the fee they were willing to pay was far below what it actually costs an adviser ...

YBR to remediate wealth clients

KARREN VERGARA  |  FRIDAY, 30 AUG 2019
... compensation," latest statutory accounts read. Overall, YBR made a net loss after tax of $37.39 million for FY19, the majority of which ($33.95m) came write downs of the wealth management and lending businesses. In May, chair Mark Bouris announced the ...

Risk commissions must be retained: MetLife

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2019
... have a high level of awareness around commissions being paid to their adviser by product providers. At the same time, majority have no idea how much that commission was. The majority also said that the removal of life risk commissions would not stop ...

Members still lack group insurance awareness: MetLife

KRISTI CHENG  |  THURSDAY, 29 AUG 2019
... they could modify the level of cover, the survey showed, noting there is also a level of distrust among members. The majority (60%) of members reported having concerns about their insurer paying out in the event of a claim due to distrust and industry ...

Beware adviser conflicts of interest: Lonsec

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
... "The test is to picture yourself before the regulator and ask yourself if you have a clear justification for placing the majority of your clients' funds in your own managed account products," Nejasmic said. "If you're unsure of the answer, then ...

Government should intervene in BOLR changes: Opposition

JAMIE WILLIAMSON  |  FRIDAY, 23 AUG 2019
... grandfathered commissions by 2021 to improve customer outcomes. AMP is turning off grandfathered commissions for the majority of products during Q1 2020 and will then continue to work with advisers to transition away from these commissions by the government's ...

IOOF establishes super trustee office

HARRISON WORLEY  |  WEDNESDAY, 21 AUG 2019
... Management as a new independent non-executive director. IOOF confirmed the boards of its APRA regulated entities were still majority independent from the board of IOOF.

Ex-ANZ adviser goes solo

ELIZABETH MCARTHUR  |  TUESDAY, 13 AUG 2019
... support from RI Advice, but she hinted that a couple of advisers might be joining the practice in the future. Further, the majority of Zebra's existing clients are retirees, but Laird said she is looking to move into a new market. "If there was another ...

Advisers to bear brunt of AMP failings

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2019
... advisers and we're committed to helping," De Ferrari said. Adding to the pressure, AMP also announced it will cease the vast majority of grandfathered commissions in early 2020. De Ferrari added that those practices that commit to seeing through the ...

Inaugural FASEA exam results in

KARREN VERGARA  |  THURSDAY, 8 AUG 2019
The majority of candidates who sat the Financial Adviser Standards and Ethics Authority's inaugural exam have passed with flying colours. FASEA chief executive Stephen Glenfield said the authority is pleased with the implementation of the first ...