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Showing 1 - 10 of 89 results for "SMSF Advice"

HESTA hires growth executive

JAMIE WILLIAMSON  |  THURSDAY, 9 SEP 2021
... Before leaving in 2017, he served as managing director, Charter Financial Planning, ipac Financial Planning, Jigsaw and SMSF Advice. Mitchell-Adams joins the HESTA leadership team as it implements its three-year strategy. "Tim brings a strong track record ...

Former AMP adviser in enforceable undertaking

ELIZABETH MCARTHUR  |  MONDAY, 15 MAR 2021
... deliberate steps to avoid compliance with the court enforceable undertaking. Thorne was an authorised representative of SMSF Advice, a wholly owned subsidiary of AMP, when she allegedly received referrals in relation to establishing SMSFs from Park Trent ...

ASIC zeroes in on bad SMSF advice, conduct

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
The corporate regulator continues to hunt down perpetrators that give bad advice to self-managed super funds, sounding a warning that it is flexing its new powers in superannuation. ASIC commissioner Danielle Press told the recent SMSF Association's ...

Hume advocates for affordable advice

KARREN VERGARA  |  WEDNESDAY, 20 JAN 2021
... compliance and the needs of AFSLs over consumers." Current regulation prevents SMSF trustees obtaining the limited SMSF advice they require. "We believe every effort should be made to implement ideas and changes, even where improvements may be difficult ...

ASIC takes SMSF accountant to court

ANNABELLE DICKSON  |  TUESDAY, 24 NOV 2020
... from expired driver's licenses," the regulator said. In 2019, Thorne was a representative of former AMP subsidiary SMSF Advice and was found to have advised clients to establish SMSFs without considering their personal circumstances. The regulator found ...

Adviser banned for five years

ELIZA BAVIN  |  TUESDAY, 26 MAY 2020
... A financial adviser who cycled through seven AFSLs in nine years has been banned after ASIC found he provided poor SMSF advice and based insurance advice on the commission he'd receive. The five-year ban follows ASIC surveillance of advice provided by ...

Former Spectrum Wealth, NAB advisers banned

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
ASIC has permanently banned an ACT financial adviser over dodgy SMSF advice, and banned another from NSW for three years for failing to consider clients' best interests. Jane Myers, an authorised representative of Spectrum Wealth between 2013 and 2017 ...

SMSF property adviser pleads guilty

ELIZA BAVIN  |  MONDAY, 24 FEB 2020
... 2015 after the collapse of the Charterhill Group. ASIC said it had concerns about the company's failure to ensure SMSF advice provided to clients was in their best interests. The regulator placed a number of companies under external control, which were ...

SMSFA slams limited licensing

HARRISON WORLEY  |  THURSDAY, 9 JAN 2020
... that end, the association said its proposed "new customer-centric advice framework" will be designed with "improved SMSF advice" as a critical element. "As we state in our Budget submission, the ultimate goal is to advocate for reform that reduces complexity ...

How it can all go wrong

KANIKA SOOD  |  THURSDAY, 28 NOV 2019
... four years. One of the problems with his advice was, even though some clients came to him asking specifically for SMSF advice, he still was obliged to say no if he thought an SMSF wasn't in the best interests of the client. By the time the first ...
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