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Search ResultsShowing 1 - 10 of 100+ results for "financial advice"
Chi-X TraCRs added to specialist platform
ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
... look for guidance on their investment decisions. "WealthO2 is a leading software provider for the Australian financial advice community and the addition of Chi-X products will only add to the innovative investment solutions available through the plat ...
Advice firm partners with mortgage aggregator
ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
... with Loan Market, a mortgage aggregator, establishing a new business. The new joint business will be called Financial Advice Mortgage Solutions (FAMS). FAMS said the new business will bring together everything a professional financial advice business ...
AMP, BT and CBA to face class action
ELIZABETH MCARTHUR  |  FRIDAY, 31 JUL 2020
... holders who got their insurance through Commonwealth Financial Planning, Financial Wisdom, Count Financial or BW Financial Advice. The class action against AMP has been filed in the Federal Court. Shine said it expects to file class actions against BT ...
IOOF increases FUMA, lifts remediation costs
ANNABELLE DICKSON  |  THURSDAY, 30 JUL 2020
... aligns to that used by IOOF," IOOF said. For the June quarter, IOOF recorded net outflows of $93 million in financial advice, a stark decrease from the previous corresponding period that recorded outflows of $853 million. The recorded outflows for the ...
Hobart adviser cops ban
ALLY SELBY  |  WEDNESDAY, 29 JUL 2020
... Financial Group authorised representative David Horton has been banned after ASIC found he had failed to provide financial advice that was appropriate and in the best interests of his clients, and also failed to keep proper records. The corporate watchdog ...
ASIC terminates illegal investment scheme
ALLY SELBY  |  WEDNESDAY, 29 JUL 2020
... wary when they are presented with investment opportunities offering high returns and should seek independent financial advice from a licensed financial advisor before making investment decisions," ASIC deputy chair Daniel Crennan said. ASIC has also ...
APRA intervention blindsided AFA, FPA taskforce
ELIZABETH MCARTHUR  |  TUESDAY, 28 JUL 2020
At the Financial Services Council Life Insurance Summit, the heads of financial advice industry associations admitted to being blindsided by APRA's intervention on individual disability income insurance. Association of Financial Advisers chief executive ...
Hume calls out ERS fake news
ELIZABETH MCARTHUR  |  MONDAY, 27 JUL 2020
... think it's a combination and they play different roles." McCormack said he was focussed on reducing the cost of financial advice and increasing access to advice as this would have the greatest impact on consumers' awareness of the benefits of life insurance. ...
Calls for broad default life insurance system
ELIZA BAVIN  |  MONDAY, 27 JUL 2020
... currently being consider threaten to make insurance harder for Australians to access." It said for many Australians financial advice is critical in making the correct life insurance decision but said the model with which this had traditionally been done ...
Super to lose $3tn by 2040
JAMIE WILLIAMSON  |  FRIDAY, 24 JUL 2020
... is a transition that could fundamentally reset Australia's superannuation sector, wealth management and financial advice marketplace," Dunnin said. "We are already seeing this playout with these sectors working hard to become much more efficient ...
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