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Showing 61 - 70 of 185 results for "Statements of Advice"

AAT upholds AFSL rejection

OSKAH DUNNIN  |  TUESDAY, 15 JAN 2019
... under Merlea Investments Pty Ltd's employment. Brian Nash, a director of Merlea, told the AAT that "No statements of advice were authorised by Merlea and hence Michael Watson shouldn't have provided any advice to any clients." Despite these findings ...

ASIC permanently bans former Apogee adviser

KARREN VERGARA  |  TUESDAY, 18 DEC 2018
... of his clients. Following an investigation, ASIC determined Saad falsified figures and details in client statements of advice and adviser remuneration fee forms provided to Nulis and Apogee. He failed to act in the best interests of his clients and had ...

Practifi continues growth trajectory

JAMIE WILLIAMSON  |  TUESDAY, 6 NOV 2018
... Practifi entered a strategic partnership with a Sydney-based regtech to help financial advisers ensure their Statements of Advice are compliant. Advisers using the Practifi platform will now have access to TIQK, a regtech solution that combines compliance ...

PractiFI opens US office

KARREN VERGARA  |  WEDNESDAY, 22 AUG 2018
... also has clients in New Zealand and Europe. In June, PractiFI partnered with Nod, a fintech that creates Statements of Advice (SOAs) in real time. The partnership allows advisers to retrieve client data from PractiFI and published in a new SOA. "Partnering ...

Advised clients and their most frequently asked questions

KARREN VERGARA  |  MONDAY, 9 JUL 2018
... and government relations Ben Marshan said the advice industry's inexplicable obsession with hardcopy Statements of Advice is a hindrance in more ways than one. With the cost and time spent on compliance expected to increase dramatically in the coming ...

Statements of Advice: Out with the old

JAMIE WILLIAMSON  |  THURSDAY, 28 JUN 2018
... policy and government relations Ben Marshan said the advice industry's inexplicable obsession with hardcopy Statements of Advice is a hindrance in more ways than one. With the cost and time spent on compliance expected to increase dramatically in the ...

Advisers must tread carefully on PLS

JAMIE WILLIAMSON  |  THURSDAY, 14 JUN 2018
... of equity release options in general and must keep this in mind when formulating strategies and composing Statements of Advice. Advisers without the required authorisation must refer any clients looking to take advantage of the scheme should refer them ...

AFA criticises draft FASEA standard

KARREN VERGARA  |  FRIDAY, 8 JUN 2018
... advisers operate as part of a larger system and don't have complete control of the template or content of the Statements of Advice they present to clients or the information that they rely upon, the AFA said.

Managed accounts aid adviser time management

JAMIE WILLIAMSON  |  FRIDAY, 18 MAY 2018
... which saves 97 minutes per week. Advisers also reported spending up to 93 minutes less each week on preparing Statements of Advice. "We find that because advisers can save time on things like administration, they have more time to spend on higher value ...

Advice fintech shutters Sydney office

ALEX BURKE  |  TUESDAY, 15 MAY 2018
... solve problems faced by our prospective clients." Earlier in May, Intiger announced it was now producing statements of advice for CBA pilot programs, which will apply to Commonwealth Financial Planning, Financial Wisdom and Count. Intiger explained it ...