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Showing 1321 - 1330 of 2989 results for "ARRA"

Advisers searching for LRBA answers

ALEX BURKE  |  WEDNESDAY, 2 AUG 2017
Regulatory changes to limited recourse borrowing arrangements have been advisers' primary concern over the past quarter, according to BT Advice Technical research. Advisers' queries focused on two key issues: first, the proposal to combine outstanding ...

Fortnum subsidiary flags aggressive growth plan

ALEX BURKE  |  TUESDAY, 1 AUG 2017
A subsidiary firm at Fortnum Private Wealth is on an aggressive growth track following the acquisition of a Sydney practice and the appointment of a new adviser. Samuel Fenning has joined his brother Matthew at Fortuity Strategic Advisors as an adviser ...

Effective data management key to engagement: ISWG

EMMA RAPAPORT  |  FRIDAY, 28 JUL 2017
The Insurance in Superannuation Working Group is seeking to enhance member insurance outcomes by improving access to timely and relevant information. In its latest discussion paper the group called on superannuation funds to develop an insurance data ...

NAB collaborates on responsible investment bond

JAMIE WILLIAMSON  |  THURSDAY, 27 JUL 2017
National Australia Bank placed Australia's first sustainability bond for the Australian Catholic University, valued at $200 million. The bond, which funds both green bond and social bond projects aligned to the International Capital Markets Association's ...

MLC Life launches group insurance platform

JAMIE WILLIAMSON  |  TUESDAY, 25 JUL 2017
MLC Life Insurance is positioning itself to directly challenge Australia's established group insurers, unveiling a group insurance digital platform for superannuation fund trustees, administrators and members. The latest instalment in MLC Life's $400 ...

Advice group inks deal with $7bn super fund

ALEX BURKE  |  FRIDAY, 21 JUL 2017
An advice association has finalised a referral arrangement with a $7.6 billion super fund. Under the new arrangement, Tasplan will provide qualified advice referrals for members in mainland Australia via the Association of Independently Owned Financial ...

ASIC audits limited AFSLs

KARREN VERGARA  |  THURSDAY, 20 JUL 2017
ASIC recently audited 20 limited AFSL holders to assess how they were faring with their obligations following the removal of an exception for accountants to give advice on SMSFs in July last year. ASIC found licensees were uncertain about steps they ...

Adviser group expands national footprint

KARREN VERGARA  |  THURSDAY, 20 JUL 2017
Boutique Sydney wealth management firm Affinity Group acquired a stake in a Brisbane financial planning practice, boosting its funds under advice to more than $500 million. Affinity bought 50% of Hillross Financial Services, a Brisbane-based firm established ...

FOFA breach sees former adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2017
A former Magnitude Group financial adviser was banned by ASIC for breaching the best interest duty introduced under the Future of Financial Advice reforms. Jason Sean Atkins of Perth is prohibited from providing financial advice for three years after ...

Government shows commitment to funds management

EMMA RAPAPORT  |  WEDNESDAY, 19 JUL 2017
Australian fund managers could see additional offshore funds flow into the sector following the Federal Government's commitment to clarify two key pieces of taxation policy. Announced by Minister for Revenue and Financial Services Kelly O'Dwyer this ...