The latest issue of Financial Standard now available as an e-newspaper

READ NOW

Search Results

Showing 61 - 70 of 393 results for "Personal advice"

Former UniSuper chief appointed to CSLR board

ANDREW MCKEAN | TUESDAY, 16 JAN 2024

... 2024, offers up to $150,000 in compensation for eligible claims against insolvent financial firms in areas such as personal advice and securities dealing for retail clients.

Fee consent forms, FDS overhaul concerns FAAA

KARREN VERGARA | MONDAY, 18 DEC 2023

... Instead, the legislation should allow product providers to accept the standardised consent form for the deduction of personal advice fees whether it is one-off, fixed term or under an ongoing fee arrangement. In proposing to end FDSs, the FAAA pointed ...

FSCP issues another registration prohibition order

KARREN VERGARA | WEDNESDAY, 13 DEC 2023

... prohibited from registering as an adviser with ASIC until after 6 December 2025. He is also prohibited from giving personal advice to retail clients on relevant financial products during the prohibition period. The FSCP found that Rogers provided "non-compliant ...

UK to overhaul advice affordability, access

KARREN VERGARA | TUESDAY, 12 DEC 2023

... better scaled or limited scope advice, and introducing a new class of "qualified advisers" who can offer simple personal advice but not charge fees in return.

FSCP serves up registration prohibition order

KARREN VERGARA | MONDAY, 11 DEC 2023

... services industry, and to ASIC's reputation, if an undischarged bankrupt is permitted to continue to give personal advice to retail clients about relevant financial products". The FSCP also found that Anderson demonstrated a lack of professional ...

Final QAR reforms open door to super funds

CASSANDRA BALDINI | THURSDAY, 7 DEC 2023

... duty and amend the Statement of Advice (SoA), while also granting approval for superannuation funds to provide personal advice. In its final report, titled Delivering Better Financial Outcomes, the government said it will introduce a modernised and flexible ...

Changing retirement landscape needs regulatory framework: Actuaries Institute

CASSANDRA BALDINI | MONDAY, 4 DEC 2023

... match the risks from the consumer's perspective. "For example, with requirements varying depending on whether personal advice is simple or low risk, comprehensive or medium risk, or complex, which is high risk," he said. "The aim of this framework ...

ASIC confirms adviser registration deadline

KARREN VERGARA | WEDNESDAY, 29 NOV 2023

... the 1 February 2024 final deadline. From this date, advisers otherwise known as relevant providers who provide personal advice to retail clients on relevant financial products must be registered with ASIC. This excludes time-share advisers as well as ...

Treasury unveils advice reforms draft legislation

KARREN VERGARA | TUESDAY, 14 NOV 2023

... "Superannuation trustees should be able to pay a fee from a member's superannuation account to an adviser for personal advice provided to the member about the member's interest in the fund on the direction of the member," the Explanatory Memorandum ...

Adviser levy discount amounts to $8m saving

KARREN VERGARA | FRIDAY, 10 NOV 2023

... published their estimates for the 2022-23 year, in June, the total cost recoveries for financial advisers providing personal advice to retail clients was estimated at $55.5 million," FAAA chief executive Sarah Abood said. "The FAAA challenged this number ...

PAGE:

Australian Unity to shed 195 roles

MATTHEW WAI | 12:42PM

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI | 12:34PM

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI | 12:17PM

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA | 12:29PM

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

Videos

Brought to you by

A guaranteed future

Follow the leaders

The market has changed. The opportunity hasn't.

Maintaining a fundamental focus in a world obsessed with the short term

Strength amid noise

SMILE through retirement - tackling the top 5 (Sequencing, Market, Inflation, Longevity, Emotion) retirements risks

Global economic outlook and the case for local currency emerging market debt: Resilience, risk, and opportunity

MORE VIDEOS

Products

'Guide To' Series

Pocket investment guides featuring adviser case studies and a glossary.

MORE INFO

Publisher's Forum

Investing trends and strategies from the industry’s thought leaders.

MORE INFO

Product Showcases

Putting the spotlight on investment products that matter.

MORE INFO

Expert Feed

Christian Mueller-Glissmann

Head of Asset Allocation Research

Goldman Sachs

When geopolitics becomes a portfolio risk

Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.

READ MORE

Tania Milnes

General Manager Membership

Financial Advice Association Australia

Does association membership still matter?

With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...

READ MORE