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Showing 11261 - 11270 of 18276 results for "Plan"

FOFA: Opt-in obligations, ASIC

ELISE BURGESS  |  MONDAY, 29 AUG 2011
The much anticipated proposed regulations for the financial advice industry have been announced with opt-in, the banning of commissions, new powers for ASIC and a consultation paper on the term 'financial planner' outlined in the first tranche of draft ...

FOFA divides on commission

ELISE BURGESS  |  MONDAY, 29 AUG 2011
The Government's stance on the banning of commissions has proven to be a contentious issue, attracting quick responses from industry heavyweights after today's release of draft legislation of the Future of Financial Advice reforms. Despite hinting that ...

Industry body applauds move to define financial planners

MATT WOODINGTON  |  MONDAY, 29 AUG 2011
The government will release a public consultation paper on defining the term 'financial planner' by law, obliging advisers to prove their credentials before offering services to clients. The Treasury has drawn praise from industry bodies for announcing ...

FOFA: Government extends soft-dollar benefit ban to non-super risk insurance

ALISON BEVEGE  |  MONDAY, 29 AUG 2011
The Federal Government has extended its ban on soft-dollar benefits under the Future of Financial Advice draft legislation announced today. It will now include risk insurance outside of superannuation. The ban, scheduled to go live on July 1, 2012 ...

Count Financial profit surges on windfall float

ALISON BEVEGE  |  MONDAY, 29 AUG 2011
Financial planning group Count Financial reported a profit surge of $51.56 million, a 113% increase on the previous corresponding period, in its annual results today. The announcement was expected after the firm issued earnings guidance earlier this ...

Market Wrap - Midday

AAP  |  MONDAY, 29 AUG 2011
The Australian dollar powered to a three-week high above 106 US cents by noon, buoyed by strength in equity markets as risk sentiment firmed following a speech by the US Federal Reserve chairman. At 1200 AEST on Monday, the Australian dollar was trading ...

Market Wrap - Morning

AAP  |  MONDAY, 29 AUG 2011
The Australian market looks set to open higher if it follows Friday's international lead, despite closing lower on Friday. At 0736 AEST on Monday, the September share price index futures contract was up 21 points at 4,200. In economic news on Monday ...

US housing market needs renovation

ALEX DUNNIN  |  MONDAY, 29 AUG 2011
Until the US housing market starts to right itself it's unlikely US consumers are going to gain too much confidence and without confidence the chance of economic recovery will remain a forlorn dream. House prices are still down 32% from their 2006 peak ...

IFM hits back at claims it plays politics with super fund money

ALISON BEVEGE  |  FRIDAY, 26 AUG 2011
The chief executive of asset manager Industry Funds Management has hit back at press reports about his organisation's plan to run clean energy advertisements to coincide with the Labor Government's carbon tax campaign, calling the coverage "inaccurate". ...

Politicians spar over future of superannuation guarantee

ALISON BEVEGE  |  FRIDAY, 26 AUG 2011
Politics flared today on the proposed increase in the superannuation guarantee with each side remaining entrenched in their positions. Minister for Superannuation Bill Shorten called on the Coalition to support the lifting of the superannuation guarantee ...