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Showing 221 - 230 of 355 results for "Advice for"

SMA usage climbs

ALEX BURKE  |  THURSDAY, 30 APR 2015
... investing directly in shares, so for advisers this means monitoring individual stock activity and issuing statements of advice for multiple clients on a daily basis, all of which is not scalable as the business grows," said JBWere executive director ...

PROFILE: HESTA chief executive Debby Blakey

LAURA MILLAN  |  WEDNESDAY, 8 APR 2015
... she could incorporate into the role. When Blakey started to look at how superannuation funds were providing financial advice for their members, she realised that there was great scope for change: "It seemed to me that advice was a lost opportunity for ...

Reconsider life insurance commission ban: ISA

LAURA MILLAN  |  TUESDAY, 10 FEB 2015
... incentives, insurer practices and product offerings and industry productivity. "The ultimate aims are to ensure quality advice for consumers and improved insurance coverage across the community," the inquiry's independent chairman John Trowbridge said. ...

Adviser remuneration "critical": Trowbridge Interim Report

ALICE URIBE  |  THURSDAY, 18 DEC 2014
... efficiency and should be commended for this initiative," Trowbridge said. "The ultimate aims are to ensure quality advice for consumers and improved insurance coverage across the community. These aims will guide our assessment of the submissions." Mr ...

ASIC accepts EU from Victorian adviser

HARRY PAGE  |  THURSDAY, 11 DEC 2014
... fail to comply with the Statement of Advice requirements. In accordance with the EU, O'Brien cannot provide financial advice for a period of one year. However, should he chose to re-enter the financial services industry after the one year period, he ...

FoFA disallowance could put industry into breach of law

LAURA MILLAN  |  WEDNESDAY, 19 NOV 2014
... tape and compliance driven processes that did not achieve the then Minister's stated aim of improving the quality of advice for consumers." During the morning session in the Senate, Finance Minister and Senator Mathias Cormann asked the opposition to ...

Paradigm acquires Melbourne-based practice

MARK SMITH  |  TUESDAY, 7 OCT 2014
... Account. Nalty described Portfolio Managers as the "ideal cultural fit." The Melbourne-based practice specialised in advice for high net worth investors and self-managed superannuation funds, though most investments were managed off-platform. "An MDA ...

Poor advice forces changes to SMSF practice

LAURA MILLAN  |  THURSDAY, 2 OCT 2014
A self-managed super fund (SMSF) advice business has been forced to improve its advice processes over concerns that it was providing poor advice to clients. Melbourne-based Interprac Financial Planning agreed to address concerns from the Australian ...

Instos offer advice at a loss to drive product sales: EY

LAURA MILLAN  |  TUESDAY, 9 SEP 2014
Large financial institutions have undervalued advice for decades by offering it at a loss to lead clients into product sales, Ernst & Young (EY) have said in their submission to the Financial System Inquiry (FSI). EY argued that decades old industry ...

Senate bill challenges general advice definition

LAURA MILLAN  |  TUESDAY, 2 SEP 2014
... interested in selling a product." He noted that "the term advice implies something beyond information. In terms of general advice for financial products this is not the case and therefore the bill's purpose is to clear up the misconception." Whish-Wilson ...