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Showing 791 - 800 of 6071 results for "Commission"

ASIC sues ANZ over home loan referrals

CHLOE WALKER  |  FRIDAY, 26 NOV 2021
... and real estate representatives. Introducer programs received considerable criticism in the Financial Services Royal Commission. ASIC alleges that between June 2016 and March 2018, ANZ breached consumer protection credit laws by accepting customer information ...

High-net-worth investors richer, optimistic

ANNABELLE DICKSON  |  MONDAY, 22 NOV 2021
Australia's high-net-worth (HNW) investors have multiplied in size and wealth, controlling $2.77 trillion in investable assets, new research shows. New research commissioned by Praemium and carried out by Investment Trends found the total number of ...

Complaints filed against ASIC lawyers

JAMIE WILLIAMSON  |  FRIDAY, 19 NOV 2021
... against him before he was properly served with proceedings. Mawhinney has filed complaints with the Legal Services Commission, the Office of the Legal Services Commissioner and the Legal Services Board and is seeking a formal apology and disciplinary ...

ASIC reviews super calculators

KARREN VERGARA  |  FRIDAY, 19 NOV 2021
ASIC is proposing to overhaul superannuation calculators and retirement estimates so that the tools complement the upcoming Retirement Income Covenant. Seeking industry feedback until 28 January 2022, the corporate regulator launched a consultation ...

New study finds advisers optimistic about growth

CHLOE WALKER  |  FRIDAY, 19 NOV 2021
Iress' inaugural Advice Efficiency Survey reveals that more than 70% of advice practices forecast growth over the next three years. The survey, commissioned by Iress alongside practice development consultancy Business Health, conducted the research ...

2021 FPA Award winners revealed

CHLOE WALKER  |  THURSDAY, 18 NOV 2021
... the announcement. "Being recognised helps to bring financial advice back into a positive light because what the Royal Commission didn't show is the thousands of advisers out there who have been making a positive impact for many years," Creasy said. ...

AMP in enforceable undertaking

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
... commitments," she said. AMP said that at the end of the CEU, it expects all matters referred to APRA by the Hayne Royal Commission to be concluded. APRA member Margaret Cole said: "AMP is one of the wealth industry's largest and best resourced companies ...

BT Practice Principals' Community goes independent

ELIZABETH MCARTHUR  |  TUESDAY, 16 NOV 2021
... the demands of successful self-licensed businesses. Costas said he and BT decided to part ways in the new post-Royal Commission, once it became clear adviser independence was becoming a highly valued commodity. The BT Community had 134 members (authorising ...

Demand for niche advice firms increases

KARREN VERGARA  |  TUESDAY, 16 NOV 2021
... forex capability are rare and generate a premium. After the 2012 Future of Financial Advice reforms and the Hayne Royal Commission report was released in Feb 2019, many buyers now want to buy only financial planning clients who pay annual fees of between ...

Vanguard launches automated investing solution

KARREN VERGARA  |  MONDAY, 15 NOV 2021
Vanguard's Personal Investor platform has launched a feature that automatically invests clients' money into managed funds. Auto Invest regularly debits accounts starting from $200 either fortnightly, monthly, or quarterly, and invests the funds ...