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Showing 81 - 90 of 362 results for "IFS"

Industry prepares for new advice era

MICHELLE BALTAZAR AND RUTH LIEW  |  TUESDAY, 27 APR 2010
The government's proposed reforms to change the way planners charge for advice will spur the industry's long-term growth, but at the cost of serious headaches and profits during the adjustment period. The minister for financial services, superannuation ...

Lloyd joins Perpetual from BT

COMPANY RELEASE  |  THURSDAY, 22 APR 2010
Geoff Lloyd, former general manager of advice at BT Financial Group, has joined Perpetual as group executive of private wealth. He will lead the organic and inorganic growth of Perpetual's financial advice business which currently has $8.6 billion in ...

Cooper Review unveils MySuper, officially

MICHELLE BALTAZAR  |  TUESDAY, 20 APR 2010
The public could soon have access to a new superannuation product called 'MySuper', which is free from trailing commissions, charges no contribution fees and is much easier to understand, under proposals outlined by the Cooper Review today. The preliminary ...

Super too complex to handle

MICHELLE BALTAZAR IS A MEDIA GUEST AT THE SECURITY ANNUAL CONFERENCE IN ADELAIDE  |  THURSDAY, 15 APR 2010
Relentless tinkering in superannuation rules has made the art of saving through super more like rocket science, driving many investors to make choices that could damage their financial health. Bryan Ashenden, head of technical consulting at Westpac-owned ...

Government annuities proposal draws industry fire

RUTH LIEW  |  FRIDAY, 9 APR 2010
Compulsory government annuities could widen the gap between the retirement payouts of low and high income workers, and some industry experts argue private sector annuities and longevity risk products offer better alternatives. IFSA, which commissioned ...

Planning firm to drop commission-based insurance advice

MICHELLE BALTAZAR  |  WEDNESDAY, 7 APR 2010
NAB-owned planning group Godfrey Pembroke has set in motion a strategy that will switch all of its planners out of providing commission-based advice on insurance and mortgages. The decision goes against common practice in the planning industry of maintaining ...

Asgard spends big on platform upgrades

MICHAEL HOBBS  |  FRIDAY, 26 MAR 2010
BT Financial Group-owned Asgard has spent more money on its investment platforms in the past 18 months than ever as part of a strategy that will see its Master Trust, Elements and eWrap platforms move under the one administration platform. Wayne Wilson ...

IFSA blasts latest APRA league tables

ALEX DUNNIN  |  THURSDAY, 25 MAR 2010
IFSA has dismissed the APRA 'whole of fund' return on assets metrics as misleading, confusing and irrelevant for most members. "IFSA has rejected the APRA superannuation fund data... and its use in superannuation comparisons," they said in a statement. ...

Commission on risk products should continue: FPA

COMPANY RELEASE  |  WEDNESDAY, 17 MAR 2010
The Financial Planning Association (FPA) has called for commission payments for risk products to continue, citing fee-for-advice payments on risk products could make life insurance too expensive for clients. According to a press statement, the FPA Board ...

IFSA calls for super in parental leave

IFSA RELEASE  |  FRIDAY, 12 MAR 2010
Investment & Financial Services Association (IFSA) is calling on the government to include superannuation in any parental paid leave scheme after research found Australian mothers typically accumulate much less retirement savings than men. Research ...