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| | | The cost of professional indemnity insurance increased at least 40% for financial advisers since 2015, a new report from APRA shows. Reviewing claims trends and affordability of public liability and professional indemnity insurance in Australia, the ... |
| | | | In an aim to provide more educational resources for financial advisers, HUB24 has expanded its relationship with HR technology platform Striver. Since 2022, HUB24 has been providing Striver students and graduates with access to education on managed ... |
| | | | ... expense, and exempting any that occurred before 2018-19, was not what was expected following consultation. Financial advisers will need to carefully consider the impact on any self-managed super fund clients who are affected," she said. "On both NALI ... |
| | | | ... year's budget, including economically disadvantaged women, small businesses and the aged care sector. For financial advisers, the budget promised several measures that will make it easier and cheaper to run their businesses, starting with a tax incentive ... |
| | | | ... Innova Asset Management appointed Laurence Gamboa to the role, as it looks to grow its profile among non-aligned financial advisers and dealer groups. He joins from Trilogy Funds where he was responsible for business development in New South Wales and ... |
| | | | ... proposal, opened to consultation last month, seeks to clarify the educational requirements for experienced financial advisers and new entrants. Specifically, it states an adviser with 10 years of cumulative experience providing advice between 1 January ... |
| | | | ... to 16,155. Only 93 advisers joined the industry within this timeframe. Over the 12-month period, a net 1447 financial advisers exited the sector. The number of aligned financial advisers fell by 12%, while the non-aligned segment fell by just 6%. Overall ... |
| | | | ... year, will focus on providing accessible investment and superannuation portfolio solutions to better serve financial advisers and their clients. Superhero chief executive and co-founder John Winters said: "Our new platform will assist advisers in providing ... |
| | | | ... million, aiming to do so by the end of June. Melbourne-based myprosperity specialises in client portals for financial advisers and accountants and will be operated as a separate business within the HUB24 group. The leadership team and branding will remain ... |
| | | | ... the client," she said. "But this is not a retrograde step. A best interests duty will apply to professional financial advisers - this is what it was intended for." However, this particular recommendation will not and should not apply to an employee of ... |
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