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Showing 1351 - 1360 of 2383 results for "Rule"

SMSF flexibility makes them error prone

ALEX DUNNIN  |  FRIDAY, 16 MAY 2014
Self-managed super funds not being required to report to their members is one of the reasons these funds are vulnerable to compliance problems. Speaking at this week's Financial Services Technical Services forum, AMP SMSF Administration head of technical ...

Advisers turn budget into opportunity to engage

LAURA MILLAN  |  THURSDAY, 15 MAY 2014
Tech savvy financial planners have turned fears around the 2014/15 federal budget cuts into an opportunity to highlight the value of advice and engage with their clients on social media. The government's warnings before the release of the 2014 budget ...

Court rules against S&P in Lehmann Brothers class action

LAURA MILLAN  |  THURSDAY, 8 MAY 2014
A Federal Court judgement against ratings agency Standard & Poor's has cleared the way for Councils, church groups and charities to continue a damage claim relating to Lehman Brothers complex products. Church groups, charities and 91 Councils in Australia ...

Family office model attractive to feuding families

MARK SMITH  |  WEDNESDAY, 7 MAY 2014
Balancing the diverse needs and desires of various family members can be made significantly more difficult when large amounts of wealth are involved, research from Deloitte shows. The report, 2014 Private Wealth Outlook Championing Growth, found that ...

Stakeholders stage FoFA confrontation in Senate submissions

LAURA MILLAN  |  WEDNESDAY, 7 MAY 2014
A new round of submissions to the Senate inquiry into the Future of Financial Advice (FoFA) amendments has seen consumers, academics and industry bodies holding increasingly opposing positions. Most stakeholders focused on the most controversial topics ...

CommInsure launches tailored SMSF insurance product

JAMES FERNYHOUGH  |  MONDAY, 5 MAY 2014
... or illness will be unlikely ever to engage in gainful employment based on their education, training or experience." This rule, Scott said, is likely to make it much more difficult for unskilled, unexperienced workers to claim TPD, while more experienced ...

netwealth to launch managed account service by Q3

LAURA MILLAN  |  THURSDAY, 1 MAY 2014
netwealth is developing a comprehensive managed account service with plans to launch it in the third quarter of this year. The service will sit as another investment option within netwealth's approved product list (APL) and it will be available through ...

FoFA amendments undermine confidence in advisers: Shorten

LAURA MILLAN  |  MONDAY, 28 APR 2014
... which undermine confidence in the financial planning market." Shorten spoke a day after Prime Minister Tony Abbott refused to rule out that the government was preparing to introduce a levy on high incomes to reduce Australia's deficit. "We are going ...

Funds passport 'doomed to fail' without tax reform

JAMES FERNYHOUGH  |  WEDNESDAY, 23 APR 2014
The Asia Region Funds Passport is "doomed to fail" unless the government changes taxation law to favour Asian investors in Australia, according to BNP Paribas Security Services managing director Peter Baker. While the funds passport initiative is good ...

Portfolio disclosure's unintended consequences

ALEX DUNNIN  |  TUESDAY, 22 APR 2014
Stronger Super's portfolio disclosure rules present major challenges to super funds investing in private markets, not because the investments are opaque but because portfolio disclosure could require them to disclose their intentions about future transactions. ...