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Showing 861 - 870 of 2303 results for "Financial Planner"

Large strides made towards automated advice

LAURA MILLAN  |  THURSDAY, 17 JUL 2014
Financial advice given by modelling tools is set to become the new normal in Australia's financial services industry, where data collection and management techniques advance at a fast pace. "The most basic advice will be driven by automated tools," ...

Cormann tables adviser register to "weed out bad apples"

LAURA MILLAN  |  THURSDAY, 17 JUL 2014
... and provide protection for licensees, employers and ultimately the consumer." He added that "when you go to a financial planner you have the right to know you can trust the person you choose."

ASIC considers compulsory advice for complex products

MARK SMITH  |  MONDAY, 14 JUL 2014
... their products as part of our risk-based approach to surveillance." Requiring products to be sold through a financial planner or restricting complex products to particular distribution channels are two of the measures ASIC has suggested for consideration ...

Labor forces tabling of FoFA regulations

LAURA MILLAN  |  THURSDAY, 10 JUL 2014
The Labor Party tabled the regulations of amendments to the Future of Financial Advice (FoFA) amendments yesterday in the Senate. Labor Senator Sam Dastyari presented an order for the production of the Corporations Amendment (Streamlining Future of ...

What happened to the ISA-FSC accord?

JAMES FERNYHOUGH  |  WEDNESDAY, 9 JUL 2014
... have an ironclad ban on kickbacks. Instead what you have is a diluted best interest test, which means that the financial planner can meet the test without necessarily taken into account your best interest. That's financial services fine print." No doubt ...

Labor questions Murray, calls for another inquiry

LAURA MILLAN  |  WEDNESDAY, 9 JUL 2014
The opposition has called for a further parliamentary inquiry into the Australian Securities and Investment Commission and the Commonwealth Bank and branded the government's plans to examine financial advice scandals as part of the Financial System ...

CBA reaction too slow, too little, too late

LAURA MILLAN  |  FRIDAY, 4 JUL 2014
... Bank was just too slow to get to this point." Hockey, whose mother-in-law was one of the victims of a CBA rogue financial planner, said that "a lot of the anxiety could have been averted if they had have moved more quickly." "But I do recognise that ...

CBA boss to be grilled on Senate report

AAP  |  THURSDAY, 3 JUL 2014
Commonwealth Bank (CBA) boss Ian Narev will front the media for the first time since a damning report called for a royal commission to investigate its financial advisers. Narev will face a media conference in Sydney at 1045 AEST on Thursday, a week ...

Platinum steps up focus on adviser market

MARK SMITH  |  TUESDAY, 1 JUL 2014
The Financial Planning Association (FPA) has revealed that Platinum Asset Management will be its main sponsor for its 2014 Professionals Congress in Adelaide in November. In an interview with Financial Standard in April, Platinum co-founder and managing ...

TPB open for TASA registration from today

LAURA MILLAN  |  TUESDAY, 1 JUL 2014
Financial planners who provide tax financial advice can register from today with the Tax Practitioners Board (TPB) to comply with the Tax Agent Services Act 2009 (TASA). The TPB has sent all Australian financial services licensees (AFSL) instructions ...