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PROFILE: Centric Wealth CEO Phil Kearns

JAMES FERNYHOUGH | WEDNESDAY, 26 FEB 2014

Ex-Wallaby captain and chief executive ofA Centric Wealth Phil Kearns tells JamesA Fernyhough that there are more similarities between rugby and financial advice than first meet the eye. For a future Wallabies captain, Phil Kearns' rugby career did ...

Treasury looks at further FoFA amendments

JAMES FERNYHOUGH | TUESDAY, 25 FEB 2014

Treasury is considering confidential proposals to reverse rules that ban conflicted remuneration arrangements for corporate super specialist advisers, according to Douglas Latto, president of the Corporate Super Specialist Alliance (CSSA). Traditionally ...

Removal of super from awards top priority: FSC

JAMES FERNYHOUGH | MONDAY, 24 FEB 2014

The Financial Services Council (FSC) has called for superannuation to be taken out of the modern awards system, a move it believes would improve competition among super funds and ultimately benefit members. In its submission to the government discussion ...

Sinodinos announces SuperStream governance structure

JAMES FERNYHOUGH | MONDAY, 24 FEB 2014

The government has announced that the Australian Taxation Office (ATO) will have stewardship of the SuperStream gateway network for the next two years, in a move it says will provide "certainty and stability" for the superannuation industry. During ...

Latest Financial Standard issue available on the iPad app

STAFF WRITER | MONDAY, 24 FEB 2014

In the latest edition of Financial Standard, we look at the pros and cons of setting up your own Australian Financial Services Licence (AFSL). We also investigate the calls from some sectors of the industry to take superannuation out of the modern awards ...

Ripoll demands parliamentary debate for FoFA reforms

ALICE URIBE | FRIDAY, 21 FEB 2014

Shadow Financial Services and Superannuation Minister Bernie Ripoll has called for a full parliamentary debate for the government's proposed Future of Financial Advice (FoFA) reforms. "We need a proper parliamentary debate rather than force changes ...

AMP launches integrated wealth app

LAURA MILLAN | FRIDAY, 21 FEB 2014

AMP has launched a mobile app which allows customers to access their banking, superannuation, insurance and investments. Users can also access AMP's North platform, as well as other investments and direct shares not related to AMP. The product includes ...

Crowdfunding investment platform launched

HARRY PAGE | FRIDAY, 21 FEB 2014

Crowdfunding has taken another step into the mainstream with the launch of a specialist platform solely focused on crowdfunding investment finance. The platform, VentureCrowd, was developed by early stage venture capital firm Artesian Venture Partners ...

Sinodinos rules out LRBA review for SMSFs

ALICE URIBE | WEDNESDAY, 19 FEB 2014

Assistant Treasurer Arthur Sinodinos has ruled out a full review into limited recourse borrowing arrangements (LRBAs), but emphasised that licensing is necessary. Speaking at the 2014 SPAA SMSF National Conference in Brisbane today, Sinodinos said that ...

FPA puts TASA back in the agenda

LAURA MILLAN | WEDNESDAY, 19 FEB 2014

The Financial Planning Association (FPA) is putting the Tax Agent Services Act (TASA) 2009 back on the advisers' agenda ahead of the implementation in July 1, 2014. The association has put together four webinars and a toolkit campaign that aim to educate ...

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Mercer Super chief executive steps down

RIDDHIMA TALWANI

Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI

The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI

L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI

Apostle Funds Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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