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Showing 771 - 780 of 1726 results for "Provisio"

TAL named top life insurer for 2017

DARREN SNYDER  |  FRIDAY, 16 MAR 2018
TAL and CommInsure each collected three accolades at the Association of Financial Advisers (AFA) Life Company of the Year Awards in Sydney last night, and it was the former which won the top gong. Recognising its excellence in the provision of products ...

Super calculators given further ASIC relief

DARREN SNYDER  |  WEDNESDAY, 14 MAR 2018
Deferment of several superannuation reforms until July 2019 means providers of super and retirement calculators have an extension to comply with a requirement that they must account for inflation. ASIC has postponed the commencement of this requirement ...

Financial advice under the Royal Commission spotlight next month

ALEX BURKE  |  TUESDAY, 13 MAR 2018
The Royal Commission will set its sights on the financial advice industry in April, with the first hearing taking place on the 16th. The first round of public hearings commenced today and focused on consumer lending practices regarding credit products ...

FOS submission points finger at advisers

JAMIE WILLIAMSON  |  MONDAY, 5 MAR 2018
Financial advisers account for more than one-third of all serious misconduct issues identified by the Financial Ombudsman Service since early 2012. In a submission to the Royal Commission, FOS attributed 39% of serious misconduct identified in the last ...

Private equity firm sells Bravura stake

ALEX BURKE  |  FRIDAY, 2 MAR 2018
A private equity firm which was a cornerstone investor in Bravura Solutions before its initial public offering has sold down its remaining stake in the wealth management software company. Ironbridge, which has about $1.5 billion in committed capital ...

Conflicted SMSF auditor disqualified

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2018
A self-managed superannuation fund auditor found to be in breach of basic independence rules was disqualified by ASIC. Robert Mark Taylor was disqualified for breaching auditor independence requirements outlined in APES 110 Code of Ethics for Professional ...

Intergenerational wealth transfer at tipping point: Adviser

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2018
Protecting and transferring wealth between generations is prompting financial planners to provide more holistic solutions, a senior financial adviser warns. Australian Wealth Solutions principal Sam Zervides says financial advisers shouldn't dismiss ...

IOOF partners with GROW Super

KARREN VERGARA  |  TUESDAY, 13 FEB 2018
IOOF purchased a minority stake in GROW Super to help the wealth group expand and boost the digital capabilities of its own financial adviser network. IOOF said the partnership will facilitate member engagement with superannuation and the connectivity ...

CBA puts away $500m for regulatory costs

DARREN SNYDER  |  WEDNESDAY, 7 FEB 2018
Commonwealth Bank posted a $4.7 billion after-tax profit in the first half of FY18 and its wealth management arm was a standout performer. However the bank has also put aside more than $500 million for ongoing legal and customer remediation costs. CBA's ...

Advice clients most satisfied with goals-based approach

JAMIE WILLIAMSON  |  TUESDAY, 23 JAN 2018
Goals-based advice is gaining ground with fresh insight suggesting it leads to greater levels of client satisfaction. Latest Investment Trends analysis shows planners with the most satisfied clients "are often those who are successful in creating congruity ...