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  1. Lifting the fog on nature of risk

    Posted Aug 12th 2005, 12:00am by Jane Moir

    ... given negligent advice, winning #219,890.25 ($3.08 million) in damages from investment advisory firm Barber Asia. Not only was it a rare case of a financial underdog coming out on top in court; ... care remains clear, the premise it is based on is less so. It has again put the spotlight on the foggier side of financial advice and the potential pitfalls faced by both investors ...

    http://www.scmp.com/article/511864/lifting-fog-nature-risk
  2. Ambiguous rules put investors at risk

    Posted Sep 03rd 2005, 12:00am by Debra Martin

    ... professions to clarify the duty of financial advisers. 'When the public goes to a financial adviser they require expert advice, just as they would need expert advice from a doctor if they were ... 'Financial advisers cannot have it both ways- they cannot give advice and then not take responsibility for it.' Though this may sound straightforward, apparently not all financial advisers ...

    http://www.scmp.com/article/514611/ambiguous-rules-put-investors-risk
  3. Investors want tips, not advice, says survey

    Posted Jun 30th 2005, 12:00am by Staff Reporter

    ... financial advisers. Mr Lin said investors should see financial advisers as sources of advice for long-term planning rather than for get-rich-quick tips. 'In Asia, when we talk about financial ... Kristine Kwok Asia's investors are too confident when making investment decisions and see financial advisers as sources of hot tips rather than planners for the long term, a study has ...

    http://www.scmp.com/article/506502/investors-want-tips-not-advice-says-survey
  4. Taxing advice from the IMF

    Posted Nov 14th 2005, 12:00am by Chris Yeung

    ... annual report on this city's financial performance advised the government to make an early start on public consultations on a GST. It cautioned against further tax concessions, saying ... to next month, probably will not begin until the spring, at the earliest. Financial Secretary Henry Tang Ying-yen told legislators last week that he would describe in his next budget how ...

    http://www.scmp.com/node/524857
  5. Expert Advice

    Posted Jan 09th 2005, 12:00am by Staff Reporter

    ... emotional or financial value to you, definitely call an expert,' he says. 'It means that the [fungus] spores are growing from within the paint and could cause more damage.' PREVENTION ...

    http://www.scmp.com/article/484813/expert-advice
  6. HSBC spreads financial wisdom

    Posted Jul 22nd 2005, 12:00am by Daleena Samara

    ... Sesha Sam and Daleena Samara LAST YEAR, MTR travellers waiting for the train to arrive were able to read the latest financial information. The real-time data, screened on platform doors, ... and yield-enhancing investment products,' said Lucia Ku, HSBC's head of customer acquisition and segments, personal financial services. These market conditions had prompted many financial ...

    http://www.scmp.com/article/509161/hsbc-spreads-financial-wisdom
  7. Survey finds only 16pc use financial planners

    Posted Jun 01st 2005, 12:00am by Staff Reporter

    ... director Philip Neilson told attendees that the distribution of financial advice services was now heavily dominated by banks, but that the market for independent financial advisers was poised ... Sijia Tiong and Robin Kwong The market for professional financial planning services remains largely untapped, according to a survey released yesterday by Hong Kong Baptist University. ...

    http://www.scmp.com/article/502695/survey-finds-only-16pc-use-financial-planners
  8. Early planning prescribed for financial health

    Posted Oct 21st 2005, 12:00am by Andrea Pawlyna

    ... A six-step process is normally followed to help financial planners tailor their advice to clients: data gathering; goal setting; identifying financial problems; preparing recommendations; ... them advice about that,' he added. Clients should expect to take three to six months to realign assets and fully implement the recommendations of a financial plan. Once the plan ...

    http://www.scmp.com/node/521335
  9. Best financial plan isone put in place early

    Posted May 05th 2005, 12:00am by Chris Davis

    ... Chris Davis GETTING INTO BETTER financial shape can feel a bit like starting an exercise regime or taking up a musical instrument- it's a good idea but not today. Financial planners often despair at this attitude, informing clients that their financial situation could have been a lot better if they had sought professional advice earlier. 'It's a situation ...

    http://www.scmp.com/article/499308/best-financial-plan-isone-put-place-early
  10. Financial advisers gaining independence

    Posted Jun 25th 2005, 12:00am by John Cremer

    ... advice,' she said. The real catalyst for change is expected to be when regulations require bank staff to have the same duty of care responsibilities as other financial planners. 'They ... The future of the industry in Hong Kong can be divined by examining the changes already taking place in Australia, writes John Cremer IF HONG KONG'S financial planning industry wants ...

    http://www.scmp.com/article/505770/financial-advisers-gaining-independence

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