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Showing 71 - 80 of 135 results for "Scaled Advice"

Planners in urgent need of better tech: research

LAURA MILLAN  |  TUESDAY, 15 JUL 2014
... reviews as an area where improvements could be made, 62% answered generation of FoAs, 57% compliance, 45% providing scaled advice and 40% completing workflows during client meetings. In total, "91% of planners say technology can really help out in client ...

Government to pass most FoFA changes through regulation

LAURA MILLAN  |  FRIDAY, 20 JUN 2014
... requirement, the removal of the catch-all provision of the best interest duty, the provisions regarding investor access to scaled advice and the removal of the requirement for fee disclosure statements (FDS) to be sent to pre-July 1, 2013, clients. Changes ...

Senate report supportive of government FoFA reforms

LAURA MILLAN  |  TUESDAY, 17 JUN 2014
... it is persuaded that this "would not dilute the best interest duty." Consumer protection and affordability within scaled advice was one of the Committee's main points of interest. "Advisers, when providing scaled advice, should be under an explicit obligation ...

XPLAN named top planning application

STAFF WRITER  |  WEDNESDAY, 19 MAR 2014
... planning/platform integrated planning application was AdviserNETgain/Asgard. Provisio was surveyed as the best superannuation scaled advice application, followed by XPLAN Engage and Decimal. "Provisio has been part of the development of superannuation ...

Intra-fund advice is low-cost

STAFF WRITER  |  TUESDAY, 18 MAR 2014
... $2.81 per member per year, with an average per member per year cost of $9.65. ASFA said the bulk of the cost of scaled advice (87%) is covered by general administration fees charged to members by funds, or a combination of general administration fees ...

FPA "extremely wary" of general advice commissions

LAURA MILLAN  |  FRIDAY, 21 FEB 2014
... submission also exposed the FPA's position on other proposed changes. It asked for greater tightening for the delivery of scaled advice "to avoid unintended consequences" and it endorsed the removal of sub-section s961B(2)(g) about the best interests ...

Planners not meeting SMSF trustee demands

JAMES FERNYHOUGH  |  WEDNESDAY, 19 FEB 2014
... group participants expressed concern that planners did not have sufficient SMSF-specific expertise, and said more scaled advice was needed. They also said the number one quality they look for in a planner is the ability to offer strategic investment ...

Sinodinos defends "speedy" FoFA legislation

ALICE URIBE  |  FRIDAY, 31 JAN 2014
... opt-in requirement, streamlining the annual fee disclosure requirements, amending the best interest duty to allow for scaled advice, exempting general advice from conflicted remuneration; and amending grandfathering to allow for adviser movements. Sinodinos ...

FoFA reforms put professional standards at risk: Ripoll

LAURA MILLAN  |  THURSDAY, 30 JAN 2014
... opt-in requirement, streamlining the annual fee disclosure requirements, amending the best interest duty to allow for scaled advice, exempting general advice from conflicted remuneration; and amending grandfathering to allow for adviser movements. Ripoll ...

Government releases FoFA draft legislation

ALICE URIBE  |  WEDNESDAY, 29 JAN 2014
... opt-in requirement, streamlining the annual fee disclosure requirements, amending the best interest duty to allow for scaled advice, exempting general advice from conflicted remuneration; and amending grandfathering to allow for adviser movements. According ...