 |
|
|
|
 |
|
||
 |
 |
 |
|
 |
|
||
 |
|
||
 |
|
||
 |
|
||
 |
|
||
 |
|
||
 |
|
||
 |
|
||
 |
|
||
 |
|
||
 |
|
||
 |
|
||
Financial
Services
FSR - Ask The Argyle Advocate as published in Money Management
| Published |
||
| 11 Mar 2004 | Q: I advise and sell risk insurance products such as income life and trauma insurances. Do I need to disclose to clients the commissions I receive? If so, in waht format - dollars or percentages? | ANSWER |
| 26 Feb 2004 | Q:
My question relates to how I can protect those clients that I
brought into the business initially, and how I can protect any
new clients that I introduce into the business in the future,
i.e. what happens if I walk away from the employer, but not the
dealer? Would it be possible for me to make an agreement with
the employer whereby existing and new clients are recognised as
belonging to me, and how would we need to consider the ramifications
of such an agreement with the dealer in mind? I currently have
an employment contract in place, but feel this needs to be re-written
in light of FSR.read
on |
ANSWER |
| 12 Feb 2004 | Q: We are a financial planning practice that has developed from the old style insurance company. Because of this, we have about 4,000 clients spread all over Australia. read on for Part 2 | ANSWER |
| 22 Jan 2004 | Q: I am a director of a dealer that will soon transition and have been offered a second directorship of a dealer that has transitioned and holds an Australian Financial Services Licence. Can I be a director of moer than one AFSL holder? | ANSWER |
| 11 Dec 2003 | Q: We are a financial planning practice that has developed from the old style insurance company. Because of this, we have about 4,000 clients spread all over Australia. |
|
| Under Financial Services Reform (FSR), we understand that we have to contact these clients to offer an annual review. If that contact is unsuccessful in gaining a review appointment (either through no response from the client or the client indicates they see no need for a review): read on for Part 1 | ||
| 27 Nov 2003 | Q: I am the nominated responsible officer of our Australian Financial Services Licence (AFSL). What am I responsible for and what am I potentially liable for? |
ANSWER |
| 13 Nov 2003 | Q.
Under Financial Services Reform (FSR), what is the scope of advice
we can provide during an initial client meeting before a Statement
of Advice(SOA) is provided? My understanding is that if we mention
a financial product like superannuation or allocated pensions,
we must provide a SOA. |
|
| 30 Oct 2003 |
Q. Under Financial Services Reform (FSR) I am afraid that I cannot afford some of my clients, or more correctly, they cannot afford me. I have heard conflicting comments on the depths of advice that is now required in every financial plan. Do I always have to give full and comprehensive advice no matter what the client issue is or how much money is available for investment or can I continue to give scaled down advice? |
ANSWER |
| 2 Oct 2003 | Q: We are a principal planning business that is part of a medium sized Australia wide Licensee group that is scheduled for transition on 1 January 2004. We are looking to review our business structure in the post FSR environment and are keen to understand the FSR impact on who owns the client? |
ANSWER |
| All Publications | by Author |