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

Search Results

Showing 81 - 90 of 208 results for "Statements of Advice"

Former Dover, Securitor adviser banned

ELIZABETH MCARTHUR  |  THURSDAY, 18 APR 2019
... needs or objectives than their existing products. ASIC said Chigwidden also failed, in some cases, to provide Statements of Advice and Records of Advice to clients when he was required to do so. When he did provide those documents however, he failed ...

YTML expands team, signs new client

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 APR 2019
... consolidates multiple systems and solutions into an integrated platform with support document generation including Statements of Advice. YTML chief operating officer Piew Yap said: "We are excited to have an innovative group like Merit Wealth using Seido." ...

Former Financial Wisdom adviser banned

KARREN VERGARA  |  THURSDAY, 21 MAR 2019
... by forging client signatures, using false documents and back-dating documents. She also failed to provide Statements of Advice to clients; deleted records to conceal misconduct; and falsely witnessed signatures on death benefit nomination forms and arranged ...

AAT upholds AFSL rejection

OSKAH DUNNIN  |  TUESDAY, 15 JAN 2019
... under Merlea Investments Pty Ltd's employment. Brian Nash, a director of Merlea, told the AAT that "No statements of advice were authorised by Merlea and hence Michael Watson shouldn't have provided any advice to any clients." Despite these findings ...

ASIC permanently bans former Apogee adviser

KARREN VERGARA  |  TUESDAY, 18 DEC 2018
... of his clients. Following an investigation, ASIC determined Saad falsified figures and details in client statements of advice and adviser remuneration fee forms provided to Nulis and Apogee. He failed to act in the best interests of his clients and had ...

Practifi continues growth trajectory

JAMIE WILLIAMSON  |  TUESDAY, 6 NOV 2018
... Practifi entered a strategic partnership with a Sydney-based regtech to help financial advisers ensure their Statements of Advice are compliant. Advisers using the Practifi platform will now have access to TIQK, a regtech solution that combines compliance ...

PractiFI opens US office

KARREN VERGARA  |  WEDNESDAY, 22 AUG 2018
... also has clients in New Zealand and Europe. In June, PractiFI partnered with Nod, a fintech that creates Statements of Advice (SOAs) in real time. The partnership allows advisers to retrieve client data from PractiFI and published in a new SOA. "Partnering ...

Advised clients and their most frequently asked questions

KARREN VERGARA  |  MONDAY, 9 JUL 2018
... and government relations Ben Marshan said the advice industry's inexplicable obsession with hardcopy Statements of Advice is a hindrance in more ways than one. With the cost and time spent on compliance expected to increase dramatically in the coming ...

Statements of Advice: Out with the old

JAMIE WILLIAMSON  |  THURSDAY, 28 JUN 2018
... policy and government relations Ben Marshan said the advice industry's inexplicable obsession with hardcopy Statements of Advice is a hindrance in more ways than one. With the cost and time spent on compliance expected to increase dramatically in the ...

Advisers must tread carefully on PLS

JAMIE WILLIAMSON  |  THURSDAY, 14 JUN 2018
... of equity release options in general and must keep this in mind when formulating strategies and composing Statements of Advice. Advisers without the required authorisation must refer any clients looking to take advantage of the scheme should refer them ...