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Showing 1051 - 1060 of 1799 results for "Regulation 2015"

Guardian Advice benefits from planner "flight to security"

LAURA MILLAN  |  WEDNESDAY, 9 OCT 2013
Guardian Advice has hit the 200 adviser milestone and is benefiting from financial planners' "flight to security," the group's executive manager Simon Harris said. In the past months Guardian Advice has attracted independent advisers from small dealer ...

Government must lift annuities impediments: ASFA

JAMES FERNYHOUGH  |  WEDNESDAY, 9 OCT 2013
The Association of Superannuation Funds of Australia (ASFA) has called on the Government to reduce impediments to the provision of adequate retirement income stream products such as annuities. ASFA acting chief executive Ross Clare said now was an "opportune ...

Industry funds ask for specialised SMSF adviser training

LAURA MILLAN  |  THURSDAY, 3 OCT 2013
Industry superannuation funds associations are asking financial planners who provide self-managed superannuation fund (SMSF) advice to undertake a different and more specialised training than those who advice on funds regulated by the Australian Prudential ...

IOOF gets MySuper license

LAURA MILLAN  |  TUESDAY, 1 OCT 2013
IOOF has received its MySuper license approval from the Australian Prudential Regulation Authority (APRA). IOOF will start to offer the MySuper default option from January 1, 2014 and it will replace existing default products. "IOOF MySuper offers members ...

Australian Ethical MySuper option approved

MARK SMITH  |  FRIDAY, 27 SEP 2013
Australian Ethical has been granted approval for its MySuper product by the Australian Prudential Regulation Authority (APRA). The fund, which becomes the 74th to gain APRA approval, will use its existing Balanced fund as its MySuper option. It will ...

Brogden questions ASIC and APRA roles

LAURA MILLAN  |  TUESDAY, 24 SEP 2013
The Financial Services Council (FSC) chief executive John Brogden has asked the Hockey Review take a much broader look at the role of the industry regulators. Brogden said that duplication has emerged on the model featuring the Australian Securities ...

ASIC, "twin peaks" model faces review

LAURA MILLAN  |  MONDAY, 23 SEP 2013
Evidence that it took at least 16 months for ASIC to act on whistleblowers' information about misconduct within the Financial Planning division of Commonwealth Bank became a turning point in the long-running debate around the effectiveness of the current ...

Institutional investors to lift infra assets

MARK SMITH  |  THURSDAY, 19 SEP 2013
Pleased with the performance their infrastructure assets have produced over the last 12 months, two thirds of institutional investors are planning to further increase their exposure to the sector, according to recent research from alternatives specialist ...

Industry agrees: SMSFs are not for everyone

LAURA MILLAN  |  TUESDAY, 17 SEP 2013
Industry bodies have welcomed the Australian Securities and Investments Commission (ASIC) consultation paper asking for better regulation for establishing and advising self-managed superannuation funds (SMSF). "The announcement by ASIC today is consistent ...

Link grows empire with Syncsoft swallow-up

JAMES FERNYHOUGH  |  MONDAY, 16 SEP 2013
Link Group has expanded its superannuation administration empire with the acquisition of software provider Syncsoft. Through its Capital product, Syncsoft provides software to superannuation funds which carry out administration in-house, including industry ...