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Showing 811 - 820 of 1726 results for "Provisio"

Lazy LIF planning means advice businesses at risk

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2017
With four months to go the majority of risk advisers are still not prepared for impending changes to remuneration to be brought by the Life Insurance Framework taking effect in January 2018. A study of 200 risk advisers commissioned by Zurich found ...

AIA acquires CBA life insurance businesses

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2017
The Commonwealth Bank has sold 100% of its Australian and New Zealand life insurance businesses to AIA Group for $3.8 billion. The sale of CommInsure Life and Sovereign also includes a 20-year bancassurance partnership with AIA for the provision of ...

Cuffe to join Class board

EMMA RAPAPORT  |  THURSDAY, 14 SEP 2017
Financial services veteran Chris Cuffe is likely to add another directorship to his hat, standing for nomination to the Class board. Class chairman Matthew Quinn said the board was delighted to nominate a director for election with "such a strong background ...

DomaCom and ASIC reach agreement on retirement products

JAMIE WILLIAMSON  |  WEDNESDAY, 13 SEP 2017
Financial advisers now have an additional solution for managing the cash flow needs of older clients, using their homes to develop and implement strategies for retirement. Fractional property investor DomaCom has received relief from ASIC to enable ...

Fitzpatricks Group acquires financial advice firm

EMMA RAPAPORT  |  WEDNESDAY, 6 SEP 2017
Fitzpatricks Group has acquired a Melbourne based financial advice firm with a private client base of more than 3500 following its fresh capital injection from Quadrant Private Equity and Yorkway Capital Partners. The acquisition of Retirement Victoria ...

Countplus searches for new CFO

KARREN VERGARA  |  THURSDAY, 31 AUG 2017
Countplus' chief financial officer has resigned during a period of transformation and lower reported earnings at the financial services firm. John Collier will depart in November after two years with the firm. Countplus' board said it will commence ...

Lapsed adviser registrations could spell trouble: TPB

JAMIE WILLIAMSON  |  MONDAY, 28 AUG 2017
More than one quarter of tax (financial) advisers due to renew their registration with the Tax Practitioners Board in July failed to do so, potentially providing tax advice services illegally. Of the 2748 advisers registered to provide such advice ...

New ethical advice certification will drive consumer trust

JAMIE WILLIAMSON AND DARREN SNYDER  |  FRIDAY, 18 AUG 2017
A new certification for the provision of value-based, ethical financial advice is now available to individual advisers delivering advice free from conflict or incentive. Launched by Certainty Advice Group, the certification is applicable to advisers ...

Uniformity required to combat cyber threats

JAMIE WILLIAMSON  |  THURSDAY, 17 AUG 2017
Greater collaboration between regulators across Asia-Pacific is needed to combat an increasing threat of cyber-attacks to financial services organisations. According to Deloitte, despite the frequency of global cyber-attacks increasing and becoming ...

ASIC links previously banned adviser to court proceedings

EMMA RAPAPORT  |  WEDNESDAY, 16 AUG 2017
A previously banned adviser has been added to ASIC's proceedings against Wealth and Risk Management and its related companies following a successful Federal Court application. Joshua Fuoco, owner of WRM and its related companies Yes FP and Jeca (trading ...