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Showing 1871 - 1880 of 2989 results for "ARRA"

ASIC wants more adviser record-keeping rules

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
The Australian Securities and Investments Commission (ASIC) has proposed that financial advisers improve the way they keep their records as part of the best interest duty obligation under the Future of Financial Advice (FoFA) regulation. In Consultation ...

Cormann commits to change in face of Labor moratorium

MARK SMITH  |  THURSDAY, 1 AUG 2013
Shadow minister for financial services and superannuation Matthias Cormann has echoed Treasurer Chris Bowen's calls for super certainty but refused to back a five-year moratorium on changes to the system. Bowen laid down a challenge to the Coalition ...

Labor promises five-year freeze on super tax

JAMES FERNYHOUGH  |  WEDNESDAY, 31 JUL 2013
Labor will make 'no major changes' to superannuation tax policy for the next five years should they be re-elected, Treasurer Chris Bowen has announced. Bowen said this promise, which will be enshrined in legislation should Labor win the imminent federal ...

Implemented Portfolios launches 'unique' super IMA

JAMES FERNYHOUGH  |  TUESDAY, 30 JUL 2013

FoFA could lock advisers into licensees for life

LAURA MILLAN  |  FRIDAY, 26 JUL 2013
The additional Future of Financial Advice (FoFA) regulations concerning the grandfathering provision could lock advisers into their licensee's dealership for life, consultancy firm Radar Results said. Industry bodies are already lobbying for changes ...

UniSuper signs insurance deal with TAL

LAURA MILLAN  |  FRIDAY, 26 JUL 2013
TAL will be providing insurance to UniSuper members from November 2013, the industry superannuation said today. The second largest insurance provider by market share in Australia has signed a three-year agreement with UniSuper after a tender process ...

Grandfathering uncertainty already affecting businesses

LAURA MILLAN  |  MONDAY, 22 JUL 2013
Dealer groups are already feeling the consequences of the uncertainty around the grandfathering provisions within the new Future of Financial Advice (FoFA) regulations with planners hesitant to change licensees until the legislation is clearer. Synchron ...

Super funds unready for trans-Tasman transfer rules

JAMES FERNYHOUGH  |  MONDAY, 22 JUL 2013
New laws allowing trans-Tasman emigrants to take their superannuation with them are finding themselves frustrated by Australian funds struggling to keep up with the requirements. Under the trans-Tasman portability arrangements which came into effect ...

Standard Life Inv GARS manager in shock exit

MARK SMITH  |  MONDAY, 22 JUL 2013
The creator of the multi-billion dollar Standard Life Investments Global Absolute Return Strategies (GARS) fund Euan Munro has left the company to join UK life firm Aviva as chief executive. As global head of multi-asset investing and fixed income at ...

New deal opens Europe to Aussie AIFs

JAMES FERNYHOUGH  |  MONDAY, 22 JUL 2013
The Australian Securities and Investments Commission (ASIC) has entered a cooperation arrangement with its European Union (EU) counterparts to supervise fund managers operating across borders. The arrangement will allow Australian fund managers to manage ...