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Showing 81 - 90 of 9299 results for "Advice"

Aussies want control of nest eggs: FSC

KARREN VERGARA  |  MONDAY, 19 FEB 2024
Australians want total control over how they spend their retirement savings but are willing to seek professional advice to do so, a new Financial Services Council (FSC) survey finds. The poll of 2500 superannuation members conducted by C|T Group found ...

Platforms ramp up innovation, back-end efficiencies

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... to the latter, Peker said this "simple yet high-impact innovation delivers greater flexibility and ease in implementing advice strategies." "For example, by making applying a bucket strategy for retirees easier. Not having to set up multiple accounts ...

DASS compensation drags AFCA, lead decision published

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... applied to a batch of similar cases. Many of the victims relate similar experiences in that they received inappropriate advice for asset allocation that "was too aggressive" for their SMSF investments and that such advice was conflicted. Further, the ...

Investment Trends ranks top five platforms

ANDREW MCKEAN  |  THURSDAY, 15 FEB 2024
... narrowly outperforming Netwealth. In the report's analysis of platform developments aimed at supporting the provision of advice to clients, Praemium, BT Panorama, and Mason Stevens were also recognised for superior platform functionality. However, the ...

MDA authorisations remain steady amid exodus

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2024
... much more. According to analysis by Rainmaker Information, there is now 1998 advisers who can provide product specific advice for MDAs. Over one year, the number has dropped by 0.6% and over three years it's declined by 6.1%. Over the same period, the ...

AI poses potential challenge to financial stability: Gensler

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
... efficiencies and foster financial inclusion. Gensler pointed out that AI has already transformed the landscape of robo-advice and brokerage apps. However, he warned of inherent challenges with AI: the decision-making models can be opaque, algorithms ...

AMP reports boost in IFA flows, mulls advice unit options

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
... Despite seeing an influx of independent financial advisers' (IFAs) business, AMP continues to seek alternatives for its advice unit as it reports another loss. In the first half of the 2024 financial year, the wealth firm recorded a 33% year on year ...

Superannuation fund returns underperformed SMSFs: Research

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
... evidence of the SMSF sector's strong investment performance. He also said it indicates that SMSFs receiving financial advice tend to perform better. "It's always been our mantra that SMSF trustees should get professional advice," Burgess said ...

Former director pleads guilty to hedge fund con

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2024
... Proprietary Trading, ACY Securities, AxiTrader and City Index. Despite not having a licence to provide financial product advice, Sandiford told prospective investors that they could invest it in either a 'hedge fund' or an 'income fund'. Investing in ...

Fiducian reports strong first half, flags growth plans

JAMIE WILLIAMSON  |  TUESDAY, 13 FEB 2024
... at $6.84 million. Contributing was a 10% increase in revenues, 9% increase in funds under management, administration and advice (FUMAA) to $12.9 billion, and funds under management were 18% higher at $4.8 billion. It added that FUMAA is already up to ...