The latest issue of Financial Standard now available as an e-newspaper
|Showing 1 - 10 of 23 results for "Records of Advice"|
|... marks the second time that ASIC has extended the relief measure, which enables advisers to replace SoAs with Records of Advice for existing clients whose personal situations have changed due to COVID-19. The relief was first introduced in April 2020 ...|
|... financial advice include ASIC creating a financial adviser hub on its website and producing a new worksheet on records of advice. "The cost of advice is a significant concern," Longo said. "We have a number of initiatives we are working on at the moment ...|
|... with Xplan and Portfolio System has enabled WealthEye to deliver data-driven, interactive and client-specific Records of Advice. "We're looking forward to expanding the capabilities of our partnership with FYG and further transforming client experiences ...|
|... the Financial Adviser Standards and Ethics Authority have provided further guidance on how advisers can use Records of Advice to make the most of the temporary measure. The corporate regulator and FASEA said the guidance and case study they have jointly ...|
|... need to make adjustments to previous recommendations in a timely fashion and producing the relevant number of records of advice (RoAs) is costly and slows down this process both of which can be detrimental to the client," Heathwood said. "Lifestyle believes ...|
|... talking about is providing things that will streamline the delivery of advice. Being able to do more through records of advice rather than Statements of Advice, for example." Anderson said he's conscious that an SOA is something clients might not ...|
|... complex data such as personal customer information, revenue and service indicators like face-to-face meetings, records of advice and annual reviews, to identify potential breaches at both a practice and individual level." ASIC first identified non-compliant ...|
|... 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 to include specific information ...|
|... clients, in a highly secure environment." BT said future updates to the platform would allow advisers to generate records of advice, and create bulk approval requests with the digital consent capability. BT said demand for increased practice efficiencies ...|
|... concerns in the firm's record keeping and compliance procedures. The regulator found Allied had failed to keep records of advice provided by one of its representatives, and did not adequately supervise the same representative. According to ASIC ...|
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Intensifying its commitment to the Asia Pacific region, State Street has appointed a long serving J.P. Morgan executive as its first country head for Australia.
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Former Spectrum Wealth Advisers chief executive Mark Schroeder has been slapped with banning orders in addition to his six-year ban from providing financial services.
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New analysis from Rainmaker Information shows about 60% of all MySuper products reduced their fees last financial year, with the average fees paid by members now sitting at 1%.
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Octopus Investments, an energy asset manager, has made several appointments after recently surpassing $1 billion in assets under management.
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