Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 971 - 980 of 3998 results for "Personal"

CFS adds to managed account offering

ANNABELLE DICKSON  |  MONDAY, 27 SEP 2021
... account range. The partnership with Lonsec, Morningstar and Zenith launched today with 23 managed accounts the FirstChoice Personal Super and Pension platform with no extra research or portfolio construction costs. The offering includes six risk profiles ...

ASIC clarifies adviser exam obligations

KARREN VERGARA  |  THURSDAY, 23 SEP 2021
... FAQ, ASIC clarifies the definition of an existing and a relevant provider. An existing provider is authorised to provide personal advice to retail clients on relevant financial products at any time between 1 January 2016 and 1 January 2019, and has not ...

Asendium partners with licensee support firm

KARREN VERGARA  |  WEDNESDAY, 22 SEP 2021
... "managing an unwieldly book of clients" inherited as part of as large licensee structure. "It will be about delivering a more personal and valuable services to clients, and technology allows advisers and their paraplanning teams to create the time needed ...

Hume puts finfluencer followers on notice

KARREN VERGARA  |  TUESDAY, 21 SEP 2021
... awry. However, Hume will not resort to banning such bad advice and "perpetuating a nanny state culture". "I believe in personal responsibility and common sense. For that to work, we must make sure that consumers have access to the information that they ...

ASIC worried about finfluencers

ELIZABETH MCARTHUR  |  TUESDAY, 21 SEP 2021
... advice from a social media influencer, or a finfluencer," Longo said. He added that ASIC is looking into the conflation of personal and general advice in the online influencer space and is concerned about consumers turning to influencers for advice. ...

Former adviser banned after super theft

JAMIE WILLIAMSON  |  FRIDAY, 17 SEP 2021
... made 167 unauthorised transactions, impacting 13 SMSF clients, and to the tune of $2.93 million; used those funds for personal purposes; and made false representations to third parties about the transfers to hide what he'd done. ASIC said he took advantage ...

ASIC prepares advisers for DDO

KARREN VERGARA  |  FRIDAY, 17 SEP 2021
... "While advice licensees and financial advisers are exempt from meeting the reasonable steps obligation when providing personal advice, they still have obligations relating to reporting and record keeping," the document reads. INFO 264 also highlights ...

Global firm expands into Aussie wealth management

ELIZABETH MCARTHUR  |  FRIDAY, 17 SEP 2021
A London-headquartered behavioural finance firm has announced plans to expand into the Australian wealth management sector. Oxford Risk has hired Bianca Kent as head of client and strategy, to be based in Sydney, as it enters the market. The firm builds ...

DDO nil-reporting rule scrapped

KARREN VERGARA  |  THURSDAY, 16 SEP 2021
... implement. Another proposal is it seeks to clarify that when a Product Disclosure Statement is given while providing personal advice as required by law, that "this conduct is within the scope of excluded conduct, consistent with the original intention ...

BNP Paribas takes stake in asset manager

ANNABELLE DICKSON  |  THURSDAY, 16 SEP 2021
... platform, bijBouwe, and other channels. It also offers origination and management of granular loan portfolios, to source personal loans and SME loans for its diversified loan strategy. Following the acquisition, Dynamic Credit will become an independent ...