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Showing 851 - 860 of 5655 results for "Financial adviser"

Veteran adviser cops permanent ban

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
ASIC permanently banned a financial adviser who has been advising for 34 years after an investigation found, among other violations, that he misappropriated funds and dealt in derivatives without the proper authorisations. Donald James Cuthbertson ...

Fiducian eyes IFAs, South Australia for inflows

KARREN VERGARA  |  MONDAY, 14 AUG 2023
Fiducian is betting on the independent financial adviser (IFA) market and its South Australian presence to bolster its inflows as it sets an ambitious plan to exceed its performance reported in the 2023 financial year. The ASX-listed group's latest ...

BT names platform strategy lead

CHLOE WALKER  |  MONDAY, 14 AUG 2023
... platforms industry. Russell's broad industry experience will help fortify BT's position as a market leader and financial adviser's platform provider of choice." As at March 31, BT has $140.3 billion in funds under administration.

Investors recoup $3m in first Caddick payout

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
Investors duped by fake financial adviser Melissa Caddick were paid $3 million, as distributed by liquidators Jones Partners. The distribution emanated from realised share portfolios and the sale of Caddick's Dover Heights property that she resided ...

ASX-listed firms partner for financial education

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
TIP Group and Clime Investment Management have joined forces to provide a financial education program that utilises the expertise of financial advisers. The two ASX-listed firms launched My Financial Fitness, which provides subscribers with online content ...

FSCP issues slap on the wrist to adviser

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
The Financial Services and Credit Panel reprimanded a financial adviser who inadequately assessed the consequences of rolling over superannuation and life insurance cover, labelled the panel's least serious disciplinary action yet. Keeping the adviser's ...

AMP provisions $50m in response to class action

ANDREW MCKEAN  |  THURSDAY, 10 AUG 2023
Amid the Financial Adviser Class Action fallout, AMP has suspended its capital return, with a resolution expected by year-end. AMP has set aside a $50 million provision, reflecting its preliminary assessment of potential liabilities associated with ...

Aware Super hires business development lead

CASSANDRA BALDINI  |  THURSDAY, 10 AUG 2023
... Jarvis will join the fund in September to head up its business development function and assist in expanding its financial adviser network. Jarvis joins from Australian Unity where she worked since 2020 and most recently held the position of general manager ...

Vanguard reveals the premier asset class of the last 30 years

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... Australian shares have delivered an average annual return of 9.2% over the past 30 years. Vanguard Australia head of financial adviser services Balaji Gopal said: "Vanguard's annual Index Chart puts into perspective the importance of approaching investing ...

Trust trumps product advice: Research

ANDREW MCKEAN  |  THURSDAY, 3 AUG 2023
... trust has the greatest impact on overall trust in an adviser. It accounts for 54% of the trust people place in a financial adviser. Trust was found to increase with age, wealth, tenure, and financial literacy. Australian Retirement Trust said this may ...