News : Financial Planning

ATO, Financial Planning

Advice key to rising SMSF establishment balances

SMSF establishment balances rise

The rise in SMSF establishment balances revealed in the latest ATO statistics reflects a vast improvement in the level of financial advice within the sector, the SMSF Association says.

read more
Financial Planning, Investments

Investment decisions challenging trustees the most

investment decisions trustees

Choosing specific assets and investments is the most difficult decision trustees face in running their SMSF, research has shown.

read more
ETFs, Financial Planning

Adviser product set evolving

SMSF product advice

Industry research has shown the product sets recommended by SMSF advisers are changing to better suit the advice clients are seeking.

read more
Financial Planning

SMSF unmet advice needs grow

financial advice needs SMSFs

The unmet financial advice needs for SMSFs are varied and growing, with the majority of funds reluctant to seek advice on their unmet needs.

read more
Financial Planning, Investments

Strategy advice doesn’t need SOA but care required

SMSF investment advice

SMSF practitioners can give advice on an investment strategy without a statement of advice, but need to be aware they may be held liable for losses stemming from that advice.

read more
Financial Planning

Affordable advice an increasing challenge

affordable; financial; advice; planners

The ability to provide affordable advice has been revealed by the latest industry research as a growing challenge for the financial planner community.

read more
ASIC, Financial Planning

ANZ completes work over fees for no advice

ANZ has complied with an enforceable undertaking aimed at remediating advice customers caught up in fees-for-no-service conduct.

read more
Financial Planning

CBA to offload Count Financial

CBA will sell off Count Financial to former subsidiary CountPlus for less than 1 per cent of what it paid for the business in 2011.

read more
ASIC, Financial Planning, Property

ASIC begins first conflicted remuneration case

SMSF; advice; conflicted remuneration

A Queensland SMSF advice business and its Perth-based licensee will face court in the first legal case dealing with conflicted remuneration related to financial advice.

read more
Education, FASEA, Financial Planning

Industry body criticises FASEA exam guidance

Guidance material provided by the Financial Adviser Standards and Ethics Authority (FASEA) for its new financial adviser exam has attracted criticism from the advice sector for being too vague and irrelevant.

read more

Copyright © SMS Magazine 2024

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.