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Showing 1011 - 1020 of 1727 results for "Provisio"

OPINION: The Achilles heel of unbundled services

DARREN SPEIRS  |  WEDNESDAY, 18 FEB 2015
The popularity of self-managed super funds (SMSFs) has fuelled the rapid growth of an extensive range of unbundled services that promise trustees greater choice and control, as well as lower costs than traditional bundled services. However as Darren ...

Tsipras has a dream

BENJAMIN ONG  |  TUESDAY, 10 FEB 2015
"Greece has now become like herpes to the Eurozone, once you catch it you can't get rid of it." This is what I typed on this space way back in June 2011 when the Europeans were in the midst of a sovereign debt crisis with Greece at the epicentre of ...

ASFA supports ASIC electronic disclosure consultation

ALEX BURKE  |  THURSDAY, 22 JAN 2015
The Association of Super Funds Australia (ASFA) has expressed its support for the ideas discussed in ASIC Consultation Paper 224 - Facilitating electronic financial services disclosures. It argued that ASIC facilitating electronic disclosure will assist ...

Independent expert lists CBA compensation challenges

LAURA MILLAN  |  FRIDAY, 19 DEC 2014
Promontory Financial Group has acknowledged that the Commonwealth Bank (CBA) program to compensate victims of bad financial advice poses a number of challenges. The independent expert has released its first report, following its appointment by CBA in ...

Avestra fined for breaching takeover laws

HARRY PAGE  |  THURSDAY, 18 DEC 2014
Avestra Asset Management has been convicted and fined $40,000 for breaching takeover laws according to the Australian Securities and Investments Commission (ASIC). Avestra Asset Management failed to notify the market it had acquired a substantial stake ...

Government repeals Palmer FoFA changes

LAURA MILLAN  |  WEDNESDAY, 17 DEC 2014
The government has repealed the Palmer United Party's (PUP) proposed changes to the Future of Financial Advice (FoFA) legislation and grandfathering amendments have become law. The registration of the grandfathering provisions will see these regulations ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
This year has been another busy one for the financial servives industry. FoFA remained on the radar and the Financial System Inquiry has the potential to change things in a big way. The Financial Standard team takes a look at the issues that made waves ...

Banks should hold more capital: Murray

AAP  |  SUNDAY, 7 DEC 2014
Australian banks should be forced to hold more capital to minimise their risk of failure and improve competition, the Financial System Inquiry has found. The final report of David Murray's blueprint for the future of Australia's financial system, released ...

Financial System Inquiry recommendations wrap

STAFF WRITER  |  SUNDAY, 7 DEC 2014
The Financial System Inquiry (FSI) has made 44 recommendation to increase efficiency, resilience and fair treatment of the financial system. Read below the relevant recommendations for the superannuation, wealth management and funds management industries. ...

Industry welcomes grandfathering deal

LAURA MILLAN  |  WEDNESDAY, 26 NOV 2014
The financial services industry has welcomed the parliamentary agreement between the Coalition and Labor to fix the unintended consequences of scrapping grandfathering from the Future of Financial Advice (FoFA) legislation. The Financial Planning Association ...