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Showing 1161 - 1170 of 2216 results for "COO"

Advisers under threat from robot replacements

LAURA MILLAN  |  WEDNESDAY, 9 APR 2014
The financial advice profession is likely to disappear and planners could be replaced by robots. That is the finding of a new study which reveals that machines could easily provide financial advice to consumers thanks to complex algorithms. Financial ...

FPA calls for clear separation of general and personal advice

LAURA MILLAN  |  FRIDAY, 4 APR 2014
The Financial Planning Association (FPA) asked the Financial System Inquiry (FSI) to review the definitions of general and personal advice over concerns that the terms make it difficult for consumers to distinguish personal advice from product sales. ...

The art of fighting without fighting

BENJAMIN ONG  |  FRIDAY, 4 APR 2014
Only 2 economists out of the 57 in Bloomberg's survey and just 2 - perhaps the same 2 - out of 72 economist polled by Reuters got it wrong. Think it's safe to say that these two economists (or four, in case they aren't the same two) expected the European ...

ASFA and AIST push for tighter regulation of SMSFs

JAMES FERNYHOUGH  |  WEDNESDAY, 2 APR 2014
Two of the major superannuation industry bodies have used their submissions to the Financial System Inquiry to call for tighter regulation of the self-managed superannuation funds (SMSF) sector. Both the Association of Superannuation Funds of Australian ...

ATO issues warning ahead of tax haven crackdown

STAFF WRITER  |  FRIDAY, 28 MAR 2014
The Australian Taxation Office (ATO) is urging all taxpayers with offshore assets to declare their interests, ahead of a global crackdown on international tax havens. The ATO's offshore voluntary disclosure initiative, 'Project DO IT: disclose offshore ...

ASFA appoints first COO

JAMES FERNYHOUGH  |  FRIDAY, 21 MAR 2014
... Association of Superannuation Funds of Australia has appointed Tim Buskens to the newly-created role of chief operating officer (COO). Buskens was previously head of industry initiatives at Australian Administration Services (AAS), where he worked on ...

Calls for Sinodinos to "step aside" amid ICAC allegations

LAURA MILLAN  |  TUESDAY, 18 MAR 2014
A Labor MP has called for Assistant Treasurer Senator Arthur Sinodinos to step aside during the Independent Commission Against Corruption (ICAC) inquiry into his involvement with the Eddie Obeid-linked Australian Water Holdings (AWH). Sinodinos is set ...

Parliament passes more nuanced SMSF penalties

JAMES FERNYHOUGH  |  THURSDAY, 13 MAR 2014
New laws have been passed giving the Australian Taxation Office (ATO) more varied powers to penalise self-managed superannuation funds (SMSFs) that fail to comply. Previously the ATO had limited options in dealing with non-compliant SMSF trustees, often ...

Westpac exec gets ASIC ban after preying on elderly's finances

ALICE URIBE  |  WEDNESDAY, 12 MAR 2014
ASIC has permanently banned David St Pierre, a former Westpac bank home finance manager from engaging in credit activities and providing financial services after encouraging vulnerable clients to borrow against their homes for investments. St Pierre ...

Financial Adviser convicted of 'tombstoning': ASIC

HARRY PAGE  |  THURSDAY, 6 MAR 2014
The Australian Securities and Investments Commission (ASIC) has convicted Pavan Vyas for dishonest conduct after pleading guilty to 'tombstoning'. In August 2013, Vyas pleaded guilty to two charges of dishonest conduct after 'tombstoning', which involves ...