Category | Dealer Groups


Aligned Groups Pay $50 Million For Non-compliant Advice

Financial advice groups aligned to the four major banks and AMP have paid more than $51 million in compensation as a result of non-compliant advice, according to ASIC, which is continuing to review the work of 50 advisers. (more…)

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0 · February 20, 2018 in Company News, Compliance & Regulation, Dealer Groups  

Synchron Appoints New NSW State Manager

Synchron has appointed one of its own advisers as the incoming NSW State Manager following the decision of the incumbent to focus on his own practice. (more…)

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0 · February 16, 2018 in Appointments, Dealer Groups  

Specialised Advice Key to LIF Success

Specialised financial advice will become a key driver behind the success of advice businesses under the Life Insurance Framework (LIF) regime, according to the head of a boutique risk advice business. (more…)

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0 · February 13, 2018 in Dealer Groups, Practice Management  

CBA to Pay Compensation For Missed Advice

The Commonwealth Bank (CBA) may be required to pay further compensation for the actions of its financial advisers after it was discovered that five advisers were not adequately reviewed to determine whether their clients should be included in a compensation program. (more…)

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0 · January 23, 2018 in Compliance & Regulation, Dealer Groups  

AMP Awards Leading Advisers

AMP has recognised close to 20 leading advisers and practices at its recent annual Advice Summit including those who contributed to their community, were tackling financial literacy and seeking to promote financial advice among women. (more…)

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0 · January 23, 2018 in Conferences and Events, Dealer Groups, Soft Skills  

Long Serving Advisers Recognised

MDRT First Vice President and financial adviser Ross Vanderwolf has become one of three advisers in AMP’s advice network to receive an inaugural Lifetime Achievement Award from the group. (more…)

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0 · January 19, 2018 in Company News, Conferences and Events, Dealer Groups  

IOOF Appoints New Head of Advice Standards

IOOF has appointed a former Australian Unity senior executive to the newly created role of Head of Adviser Standards, Client Care and Retention. (more…)

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0 · January 16, 2018 in Appointments, Company News, Dealer Groups  

Aligned Advice Groups Close Gap on Non-Existent Advice Compensation

Aligned advice groups have returned more than $180 million in financial advice fees that were collected without the provision of advice, according to data released by ASIC in December. (more…)

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0 · January 9, 2018 in Compliance & Regulation, Dealer Groups, Remuneration  

Dunsford Moves Licence to Synchron

The Victorian financial advice practice headed up by Mark Dunsford has changed licensees and become a Synchron Authorised Representative. (more…)

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0 · December 6, 2017 in Dealer Groups  

Fox Named as Chair of Boutique Advice Firm

Former AFA Chief Executive, Brad Fox, has been appointed to his second board position with a financial advice group, having been named as Non-Executive Chair of boutique advice group, Tribeca Financial. (more…)

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0 · December 5, 2017 in Appointments, Company News, Dealer Groups