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Showing 12841 - 12850 of 18280 results for "Plan"

Planners brace for fiduciary revolution

ALEX DUNNIN  |  TUESDAY, 24 NOV 2009
The financial planning industry's worst nightmare is about to come true with the Ripoll Report recommending advisers become fiduciaries, payments from product providers to planners should cease and that ASIC significantly step up its shadow shopping ...

Ripoll heats up sales or advice debate

RUTH LIEW  |  TUESDAY, 24 NOV 2009
Are financial planners sales professionals or do they advice clients to use products that best suit their needs? The Ripoll Inquiry has taken a serious look at where planners' allegiances lie. In fact, the Inquiry has put the spotlight on the elephant ...

Lessons learned from Opes Prime

RUTH LIEW  |  TUESDAY, 24 NOV 2009
From selling sophisticated products to retail investors to ineffective disclosure, the Ripoll Inquiry has investigated the factors that fuelled the failure of Opes Prime - and outlined what needs to be done to prevent future disasters. One of the biggest ...

Zurich ramps up investment business

MICHAEL HOBBS  |  TUESDAY, 24 NOV 2009
Zurich Financial Services Australia has promoted Matthew Drennan to general manager of investments as part of a strategy to expand its investments division. Drennan, previously director of investments at the firm, will report to David Smith, chief executive ...

PJC points finger at Storm model

MICHAEL HOBBS  |  TUESDAY, 24 NOV 2009
The Parliamentary Joint Committee (PJC) has found the lack of information that banks could provide on margin loan accounts "deeply troubling" but also found Storm Financial's investment model significantly contributed to the problem. The PJC said while ...

Causeway hires water and funds director

COMPANY RELEASE  |  TUESDAY, 24 NOV 2009
Causeway Asset Management has appointed Richard Lourey as managing director of water and fund management ahead of plans to launch a water fund. Lourey previously worked across capital markets in Australia, London and New York at ANZ Securities, Ord ...

AFA calls for more consultation on education

COMPANY RELEASE  |  MONDAY, 23 NOV 2009
The Association of Financial Advisers (AFA) said the Financial Planning Association of Australia's (FPA) education consultation paper includes some "good ideas" and called for a truly consultative approach to developing education standards. Richard ...

Remuneration dilemma

MICHAEL HOBBS  |  MONDAY, 23 NOV 2009
Pauline Vamos, chief executive at ASFA, said debate on whether financial planners should receive payment by the hour, charge a fee or accept a commission is irrelevant because all forms of remuneration present a conflict of interest. Speaking at the ...

Education drag hits super savings: GESB

COMPANY RELEASE  |  MONDAY, 23 NOV 2009
... and individuals must work harder in a coordinated manner to ensure that Australians have the knowledge base from which to plan and save effectively for later life," said Ross. The research was conducted by TNS on behalf of GESB, and surveyed 1,200 pe ...

AMP exec joins planning standards board

AMP ANNOUNCEMENT  |  FRIDAY, 20 NOV 2009
The Australian financial planning industry gets a local representative in a global standards-setting body after Steve Helmich from AMP was selected to join the board of the Financial Planning Standards Board Ltd. (FPSB). Financial Planning Standards ...