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Showing 71 - 80 of 393 results for "Personal advice"

Vanguard Super institutes advice fee function, tweaks options

ANDREW MCKEAN  |  WEDNESDAY, 8 NOV 2023
... month, Vanguard Super members can opt to have advice fees deducted directly from their SaveSmart account when personal advice is provided by a licenced financial adviser registered with the super fund. There are some caveats regarding the payment of ...

Aussies value super but remain unprepared: Data

CASSANDRA BALDINI  |  WEDNESDAY, 8 NOV 2023
... advisers believing it will jeopardise the standard of advice provided, Oliver said he is all for it. "Expanding the personal advice offer that superannuation funds are able to provide to their members is a great step forward and will be an important ...

ASIC loses case against Diversa

JAMIE WILLIAMSON  |  TUESDAY, 24 OCT 2023
... hardship payments. At the time he was only licensed to provide general advice but was later found to have provided personal advice. In addition to rolling people into YourChoice, advice provided by Bhandari included telling consumers to tell their super ...

Adviser registration deadline extended again

KARREN VERGARA  |  WEDNESDAY, 20 SEP 2023
... ASIC's Financial Advisers Register. The original deadline date was set for 1 January 2023. Advisers who provide personal advice to retail clients on relevant financial products, as well as time share advisers, must be registered. The regulator has ...

hmh Advisory launches online platform

CASSANDRA BALDINI  |  FRIDAY, 8 SEP 2023
... feel confident about their financial future," he said. "However, not every client wants or needs our traditional personal advice experience. Our new online solution means we can give our clients a choice in how they wish to access our wealth management ...

Life Sherpa rolls out investment solution

JAMIE WILLIAMSON  |  THURSDAY, 7 SEP 2023
... them make good decisions." Also commenting, OpenInvest head of distribution Ravi Verma said: "The rules around personal advice and the loss of advisers across the industry mean that advice firms that want to reach and help the broadest possible audience ...

FSCP issues slap on the wrist to adviser

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
... reprimand in breaching sections 961B(1), 961G, 961J(1) and 921E(3) of the Corporations Act 2001 in relation to personal advice provided to retail clients between January 2022 and March 2022. Looking closely at the FSCP's fourth determination, Capital ...

ASIC lifts ClearView interim stop order

KARREN VERGARA  |  FRIDAY, 21 JUL 2023
... interim stop order affected IP distributed through general advice only and did not affect advisers who provide personal advice. ASIC has thus far issued 39 interim stop orders for defective TMDs relating to general and life insurance products. This is ...

ASIC slaps interim stop order on ClearView

KARREN VERGARA  |  WEDNESDAY, 19 JUL 2023
... the interim stop order affects income protection distributed through general advice only. "Advisers who provide personal advice are not impacted and can continue submitting applications for ClearView products," ClearView wrote. "ClearView Life is working ...

Adviser levy tripled, labelled "deeply unfair"

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... $1500 plus $3217 per adviser. The total estimated cost recovery amount is $55.5 million for licensees that provide personal advice to retail clients. The cost of regulating the sub-sector in the 2021-22 financial year was $56.7 million. Breaking down ...