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Showing 961 - 970 of 5658 results for "Financial Adviser"

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... among investors towards more secure and stable investment options amid market uncertainty. Capital Advisory financial adviser Michael Miller said investors tend to put their money into equities when they perceive the market as safe, which is often influenced ...

Former adviser jailed for six years

JAMIE WILLIAMSON  |  WEDNESDAY, 26 APR 2023
A former financial adviser was sentenced to six years behind bars for committing a $650,000 fraud, using clients' SMSF savings to pay off his personal debts. Appearing before the Maroochydore District Court, former adviser Brett Gordon faced nine counts ...

Former adviser jailed for nine years

KARREN VERGARA  |  MONDAY, 24 APR 2023
Former financial adviser Gavin Fineff has been sentenced to nine years in prison after a court determined he defrauded 12 clients $3.36 million. Fineff, who was working as a representative for Sentinel Wealth when the crimes took place, defrauded clients ...

Adviser complaints rise, super complaints decrease

KARREN VERGARA  |  WEDNESDAY, 19 APR 2023
... Authority (AFCA) shows. In the six months to December 2022, AFCA received 2538 superannuation complaints, while financial adviser-related complaints totalled 2454. The number of superannuation complaints dropped by 38% in the second half of 2022 as the ...

AMP wealth management AUM grows $2bn

ANDREW MCKEAN  |  WEDNESDAY, 19 APR 2023
... the MyNorth platform in Q2 2023. "In our platforms business, our continued strategic focus on the independent financial adviser market is reflected in inflows from IFAs to the North platform being up 30 per cent on the same period last year," George ...

Industry welcomes experience pathway consultation

CASSANDRA BALDINI  |  WEDNESDAY, 19 APR 2023
The federal government consulting on the experience pathway has been recognised as a much-needed development for financial advisers who wish to continue working with clients beyond 2026. The Financial Advice Association Australia (FAAA) welcomed the ...

Experience pathway consultation opens

KARREN VERGARA  |  TUESDAY, 18 APR 2023
... experienced financial advisers and new entrants. Treasury Laws Amendment (Measures for Consultation) Bill 2023: Financial Adviser Standards states that an adviser with 10 years of cumulative experience providing advice between 1 January 2007 and 31 December ...

Why clients fire their financial adviser

KARREN VERGARA  |  MONDAY, 17 APR 2023
New Morningstar research reveals the underlying reasons why clients dump their financial advisers that are not related to costs or investment performance. The survey of US-based clients found three core reasons why they let go of their advisers. The ...

Government divulges vision for superannuation

ANDREW MCKEAN  |  FRIDAY, 14 APR 2023
... disparity that needs to be addressed. Of note, according to Rainmaker Information's breakdown of the ASIC Financial Adviser Register, financial adviser numbers are at their lowest in almost two decades, with a net 3250 (17.3%) exiting the sector ...

Former Shaw and Partners adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 13 APR 2023
A former Shaw and Partners financial adviser was permanently banned by ASIC after it was determined he was not competent and likely to breach the law again. It followed an investigation that found he, among other things, accepted unlawful commissions ...