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Showing 1 - 10 of 51 results for "Retail Advice"

Clime Investment offloads SMA business

KARREN VERGARA  |  FRIDAY, 1 MAY 2026
... the group to its future mandate-led operating model," Clime said. Yesterday, the group finalised the sale of its retail advice arm, Clime Advice, for $6 million, comprising $1 million in equity and vendor finance of $5 million. It retains a 10% interest ...

WT Financial Group focuses on B2B strategy as profits grow

MATTHEW WAI  |  FRIDAY, 27 FEB 2026
... previously provided to the market." Despite being hyper-focused on its B2B business, WTL recently rebranded its retail advice arm to better serve its clients' evolving needs. The Investco strategy continues to provide WTL with exposure to the consolidation ...

WT Financial Group clear on 2026 strategy, rebrands retail advice arm

MATTHEW WAI  |  WEDNESDAY, 4 FEB 2026
While the ASX-listed financial advice group is staying firm on its objectives for 2026, it has refreshed the identity of its consumer advice business, signalling an evolution is underway. WT Financial Group founder and managing director Keith Cullen ...

Pinnacle backs private markets managed accounts

ELIZA BAVIN  |  WEDNESDAY, 30 JUL 2025
... private markets. The technology powering the platform is based on OpenInvest's infrastructure used across the retail advice, stockbroking and asset management sectors and is being adapted by FinCap to meet the more complex demands of private market ...

Will HNW firms re-enter retail advice?

KARREN VERGARA  |  WEDNESDAY, 1 NOV 2023
... years and also be looking at succession planning," she said. "We do think that we will need to think more about retail advice in the future, as education is going to be so important for the children of our clients and our ability to be able to provide ...

Treasury releases Quality of Advice Review final report

CASSANDRA BALDINI, JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2023
... view that the Statement of Advice should be removed, to be replaced with a requirement for providers of personal retail advice to maintain complete records of the advice provided. They must also provide the written advice if requested by the client. ...

Government advances adviser levy drop

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
... government is forging ahead with slashing the financial adviser levy by more than a third for those that provide retail advice. Corporate watchdog ASIC today updated its 2020-21 Cost Recovery Implementation Statement, which lays out how much it recovers ...

ASIC industry levy to increase

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
... advice to retail clients on relevant financial products. ASIC calculates a different levy for advisers who provide retail advice for products that are not relevant financial products - which amounts to be $1.761 million based on 625 entities. For licensees ...

Banks should pay advice exit levy: TAA

ANNABELLE DICKSON  |  THURSDAY, 18 MAR 2021
... will increase by the equivalent of 160% over two years. A sole practitioner will be required to pay $3926 while a retail advice licensee will be charged $1500 per licence and an additional $2426 per authorised representative. TAA is pushing for the government ...

Adviser levy to increase by 160%

ELIZABETH MCARTHUR  |  FRIDAY, 5 MAR 2021
... equivalent of 160% over two years, with industry bodies outraged. The total cost levied by ASIC is now $1500 per retail advice licence, plus an additional $2426 per authorised representative under the licence. A sole practitioner would now have to pay ...
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