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Showing 921 - 930 of 4378 results for "Financial advice"

CSLR establishment is critical: FPA

CHLOE WALKER  |  FRIDAY, 12 AUG 2022
... of affected consumers unprotected." At present there is $3.7 million in unpaid AFCA determinations relating to financial advice due to insolvency, yet scheme operators have $6.4 million outstanding against them, almost double this amount, Abood said. ...

Government to review adviser professional standards

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
... areas and content," he said. Existing advisers have until September 30 to pass the exam to continue providing financial advice. The final sitting ran from July 28 to August 1, with results expected in the coming weeks. The Financial Planning Association ...

Commonwealth Bank profit nears $10bn

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
... while another superannuation class action was settled in June. Other matters include class actions related to financial advice, an action in the US over BBSW, another related to its New Zealand subsidiary ASB Bank. It is also working on a matter with ...

What the QAR should focus on: MLC Life

CASSANDRA BALDINI  |  TUESDAY, 9 AUG 2022
... Life Insurance has said the Quality of Advice Review (QAR) should focus on how to ensure Australians can access financial advice, regardless of their wealth. Ahead of Michelle Levy's draft report due later this month, MLC Life said it believes all ...

Insignia Financial, Personetics partnership

CASSANDRA BALDINI  |  THURSDAY, 4 AUG 2022
Insignia Financial has partnered with technology software firm Personetics to boost its financial advice offering. Using data personalisation experts, the collaboration will trial technology, tailor information and create new user experiences to reach ...

VanEck hires five to team

CHLOE WALKER  |  WEDNESDAY, 3 AUG 2022
... provide intelligent insights and opportunities for investors. "A transformation too in the business model for financial advice, with a greater focus on targeted outcomes, is driving the take up of ETFs from the adviser community," he added. "In particular ...

Suncorp agrees to super class action settlement

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
... commissions to advice licensees that would otherwise have been unlawful or unenforceable under the Future of Financial Advice reforms which came into effect 1 July 2013. The plaintiff, Kerry Michael Quirk, and each of the group members were said to have ...

Certe acquires Genesis Financial Partners

CASSANDRA BALDINI  |  MONDAY, 25 JUL 2022
... to expand Certe's risk insurance and employee benefits business, and bring additional capability in holistic financial advice and wealth management. According to its chief executive Jeremy Boller, the transaction forms part of a growth strategy, which ...

Lonsec acquires Implemented Portfolios

CHLOE WALKER  |  THURSDAY, 21 JUL 2022
... $5 billion. According to Lonsec chief executive Mike Wright, the acquisition comes at a time when the need for financial advice in Australia has never been greater. "There's a real imbalance in the wealth management industry at the moment, and the ...

Claim support a key skill for advisers: Report

CASSANDRA BALDINI  |  THURSDAY, 21 JUL 2022
... transactional relationships, will significantly enhance the quality of their client relationships and the value of their financial advice. It suggested that empowering advisers with guidance on effective ways to manage the emotional strains of a claim ...