Search Results | Showing 1 - 10 of 28 results for "Records of Advice" |
| | ... advisers. Overall, wealth revenues were up 17% to $18.1 million, and more than 25,000 Statements of Advice and Records of Advice were delivered to clients over the year. In terms of ongoing remediation efforts, as at June end $505 million had been offered ... |
| | | ... advice should be able to determine what form of advice would best suit their clients and to maintain complete records of advice provided. They would only need to provide a written Record of Advice to a client on request, replacing the current requirement ... |
| | | ... ASIC in an unconstrained fashion," the AFA said. Other levers cited include greater certainty on the use of Records of Advice; clear articulation of the requirements for BID compliance; clarity on requirements for consideration of alternative strategies ... |
| | | ... said those who have implemented managed accounts are seeing the efficiencies - particularly in not having to do Records of Advice. "There are not many practices that have been able to implement a managed accounts solution across all clients," he said. ... |
| | | The corporate regulator released examples of Records of Advice (ROA) to provide clarity to financial advisers and licensees on their obligations when using them for clients. The information sheet, INFO 266 FAQs: Records of Advice, provides answers to ... |
| | | ... 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 ... |
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