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Showing 1121 - 1130 of 1613 results for "Recommended"

Trio: ASIC evidence insufficient to prosecute Flader

LINDA HAUSKEN  |  WEDNESDAY, 6 JUN 2012
... as a registered auditor. The regulatory action has affected the directors of Trio, various financial planners who recommended Trio and Trio's auditor. Trio's investment manager Richard Shawn was sentenced to three years and nine months with a minimum ...

Wealthy clients need consumer protections too: FPSB

ALEX DUNNIN  |  WEDNESDAY, 6 JUN 2012
... should include duty of care, required disclosures and management of conflicts by financial advisers. The FPSB also recommended that financial advisers be required to document their support for how clients are classified, and that they disclose conflicts ...

Lonsec changes index funds research process

LINDA HAUSKEN  |  MONDAY, 4 JUN 2012
... research approach for active funds," said Elsworth. He said the rating scale used for actively managed funds (highly recommended, recommended, investment grade and so on) will be adopted for rating index funds. "Once an index fund has passed Lonsec's ...

APRA empowered to chase rogue superfund directors

BEN COLLINS  |  THURSDAY, 24 MAY 2012
... matters and make the relevant consequential amendments. The measures contained in the bill also implement changes recommended by the Cooper Review into the governance, efficiency, structure and operation of Australia's superannuation system. The bill ...

Bennelong expands Long Short Equity Management

BEN COLLINS  |  THURSDAY, 24 MAY 2012
... management and investment business. BLSEM manages the Bennelong Long Short Equity Fund, which has received a 'highly recommended' rating from Zenith Investment Partners. The Fund manages money on behalf of fund-of-funds, private investors, corporate ...

SPAA: Last resort compensation scheme needed

LINDA HAUSKEN  |  WEDNESDAY, 23 MAY 2012
... compensation across the whole industry," she added. The introduction of a compensation scheme was suggested, but not recommended, by Richard St John in his report examining compensation arrangements for consumers of financial services. This same compensation ...

AIST warns MySuper deadline tight

BEN COLLINS  |  FRIDAY, 18 MAY 2012
... incorporated in the product dashboard, which AIST feels is deficient and should not be mandated by legislation. AIST's has recommended that if the measure is to be implemented, that it is done pending a review. "We're not having a dig at the work that's ...

Market solutions favoured in OTC derivative reform

MELANIE TIMBRELL  |  FRIDAY, 20 APR 2012
The Council of Financial Regulators has recommended a preference for market-led solutions, in part driven by appropriate regulatory incentives to comply with a G20 commitment on OTC derivatives. The Government released the consultation paper yesterday ...

Planner annuity interest climbs

ELISE BURGESS  |  WEDNESDAY, 11 APR 2012
... that are easier to understand and return close to six per cent per annum." Two-thirds of planners have reportedly recommended annuities at some point in the past with 36% of respondents using them last year. "However, interest is growing despite this ...

CFP adviser offers ASIC EU

ELISE BURGESS  |  THURSDAY, 5 APR 2012
... advice, had many clients on aggressive risk profiles while also providing property asset allocations far above the recommended asset allocation for client risk profiles. Baker also failed to provide a Statement of Advice to clients or include a replacement ...