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Showing 1011 - 1020 of 1211 results for "Future of"

LICs benefit from FOFA

ALISON BEVEGE  |  FRIDAY, 5 AUG 2011
... investment company (LIC) with $290 million in funds under management specialising in global mining stocks, said the Future of Financial Advise reforms had changed the game for the sector. "The financial planning industry previously had a natural incentive ...

AMP/AXA's Integra moves to MLC's Garvan

ELISE BURGESS  |  THURSDAY, 4 AUG 2011
... Kent, managing director, Integra, told Financial Standard. Kent said the acquisition of AXA by AMP and the proposed Future of Financial Advice (FOFA) reforms has prompted the review. "With the proposed changes under FOFA along with consumer education ...

Government bowing to pressure on super risk commissions

MATT WOODINGTON  |  THURSDAY, 4 AUG 2011
... altogether ban commissions on risk insurance within superannuation as it prepares to submit draft legislations on the future of financial advice in September. Speaking at the Financial Services Council conference on the Gold Coast, Assistant Treasurer ...

BT regroups for market push

ELISE BURGESS  |  WEDNESDAY, 3 AUG 2011
... internal and external recruitment. Cooper said the rate of change facing the wealth management industry, such as the Future of Financial Advice (FOFA) reforms, meant it was time for innovation to compete effectively. "We are seeking significant growth ...

Adviser fee structures hit the spotlight

ALISON BEVEGE  |  THURSDAY, 28 JUL 2011
... which he told advisers about the change, which had passed largely unnoticed by the planning community. As part of the Future of Financial Advice reforms, percentage-based fees can only be charged on ungeared investments. Even if the geared component ...

Super Choice did not change super habits

ALISON BEVEGE  |  WEDNESDAY, 27 JUL 2011
... acquisition habits of Australians regarding their superannuation, it remains to be seen if the proposed changes under the Future of Financial Advice reforms will have any fundamental impact either," the report said. Earlier this month retail superannuation ...

Financial Planners want level playing field on commissions

ALISON BEVEGE  |  WEDNESDAY, 6 JUL 2011
... not seek special dispensation, financial planners have said. Stockbrokers have reportedly asked to be exempted from Future of Financial Advice (FOFA) reforms that could see them unable to collect some types of stamping and underwriting fees. Companies ...

SimpleWRAP launches $1500 platform pricing

ELISE BURGESS  |  THURSDAY, 30 JUN 2011
... revolutionise platform pricing, and we believe this is a much cleaner, fairer model with transparency that is aligned with the Future of Financial Advice (FOFA) reforms and the increased fiduciary duty advisers would be taking on behalf of their clients." ...

Minister faces down advisers over opt-in, risk

ALISON BEVEGE  |  TUESDAY, 28 JUN 2011
Financial Services Minister Bill Shorten yesterday faced financial advisers upset over two planks of the Future of Financial Advice reforms, answering questions but firmly rejecting criticisms. The tension was palpable at the Association of Financial ...

Bendigo Wealth expands, restructures with seven senior appointments

ALISON BEVEGE  |  FRIDAY, 24 JUN 2011
Bendigo Wealth has restructured to prepare for the future of financial advice reforms with a raft of new appointments and new products on the way. The wealth management arm of the Bendigo and Adelaide Bank, officially launched in April, has taken a ...