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Search ResultsShowing 81 - 90 of 100+ results for "Financial Advice"
AMP approved product list under fire
ELIZABETH MCARTHUR  |  WEDNESDAY, 1 JUL 2020
... understands there were fee arrangements between AMP's platform and product providers prior to the Future of Financial Advice reforms and some of these arrangements still exist as grandfathered fees. These will be turned off by 1 January 2021. Questioning ...
Super funds merge, board revealed
ELIZA BAVIN  |  WEDNESDAY, 1 JUL 2020
... long-term returns for members." Stewart said the merger has created Australia's largest member owned national financial advice network, which will make it easier for members to access help and support. "Our scale will enable us to drive down our ...
Foreign exchange broker banned
ALLY SELBY  |  TUESDAY, 30 JUN 2020
... adequately trained or competent, ASIC found Marsh failed to provide the general advice warning when giving general financial advice and, on several occasions, provided personal advice." Earlier in the year, ASIC cancelled the AFSL of Forex Capital Trading ...
AFA, FPA share bleak view of industry
ELIZABETH MCARTHUR  |  TUESDAY, 30 JUN 2020
... have appeared before the House of Representatives Standing Committee on Economics, sharing austere views of the financial advice industry. AFA general manager, policy and professionalism Phil Anderson said that the ASIC Financial Adviser Register had ...
Trust in advisers wanes
JAMIE WILLIAMSON  |  TUESDAY, 30 JUN 2020
... capital markets, Carroll said. "CFA Societies Australia continues to promote the importance of access to quality financial advice, particularly in times of market turbulence. We advocate for and support the continuing professionalisation of the industry ...
New advice compliance solution launches
ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
MyNextAdvice will develop additional solutions to help the financial advice and mortgage broking industries with compliance obligations. Using client feedback, MyNextAdvice says it will be able to mitigate complaints. It is a cloud-based service that ...
Super fund members compensated
JAMIE WILLIAMSON  |  FRIDAY, 26 JUN 2020
... had the advisers complied. In a statement to Financial Standard, Aon Australia said: "In March 2018, Aon Hewitt Financial Advice (AHFA) voluntarily notified ASIC of suspected breaches of the Corporations Act by two of its third party authorised representatives ...
Fintech acquires licensee
ELIZABETH MCARTHUR  |  FRIDAY, 26 JUN 2020
... company's culture. "We found that the leadership team at NEO Financial Solutions shared our outlook on the future of financial advice and we wanted to align to take the companies forward together," he said. "Many financial advisers have spent their ...
Marianne Perkovic to depart CBA
ALLY SELBY  |  TUESDAY, 23 JUN 2020
... clients, whose needs and demands focus predominantly on home buying and deposits, as well as investments and financial advice. The spokesperson confirmed that the private banking boss would be departing its ranks, but will continue to serve in the role ...
ASIC sues CBA, CFS over RC case
HARRISON WORLEY  |  TUESDAY, 23 JUN 2020
... be expected to influence the choice of financial product recommended by the bank to its retail clients, or the financial advice it provided them. The regulator is chasing civil penalties against the bank and CFSIL, with each contravention attracting ...
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