Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 221 - 230 of 670 results for "Small Business"

Stanford Brown hires Deloitte director, acquires firm

KANIKA SOOD  |  WEDNESDAY, 4 MAR 2020
... three main businesses: private wealth (planning, insurance, tax and portfolio management for high-net-worth and small business owners), multi-sector portfolio manager Soteria Capital and corporate wellness consultant BeneFit3. Hoyle flagged the firm's ...

SMSFs interrupted in 2019: SuperConcepts

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
... Burgess said. He predicted that the government will remove the work test for certain demographics, highlighting small business owners as an example of a group that is sometimes disadvantaged by the work test. Burgess touched briefly on the ATO's investment ...

FSC calls for CSLR claims cap

ALLY SELBY  |  FRIDAY, 14 FEB 2020
The Financial Services Council (FSC) has called for the government to cap compensation claims over financial misconduct at "reasonable levels" so as not to create a "moral hazard". In a submission to the Treasury's Compensation Scheme of Last Resort ...

Industry butt heads over super guarantee

ALLY SELBY  |  THURSDAY, 13 FEB 2020
Superannuation industry professionals are going head to head over Australia's super guarantee system, yet all agree it's time for an upheaval. In a submission to the Treasury's Retirement Income Review Panel, the Actuaries Institute called for universal ...

De Ferrari unaware of legal action

ELIZA BAVIN  |  THURSDAY, 13 FEB 2020
... clients. The Finance Sector Union is also investigating legal options for its members. In another blow, the Australian Small Business and Family Enterprise Ombudsman Kate Carnell called on small business financial advisers to reach out after news of ...

AMPFPA action progresses, associations merge

JAMIE WILLIAMSON  |  WEDNESDAY, 12 FEB 2020
... very supportive of the FPA and AFA but we do believe a common voice is needed when speaking to government." The Small Business Ombudsman asked AMP to mediate with up to 250 advice practices ahead of Christmas. At the end of January it again urged the ...

Chief economist update: It's the US consumer, stupid me

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
... the top 10% of all reading in the 46-year history of the survey". Good or bad, a University of Michigan survey of small business owners found that the "cautious optimism" under Obama turned into full-blown optimism under Trump.

Calls for review of advice regulation

HARRISON WORLEY  |  THURSDAY, 6 FEB 2020
... funded review into the regulatory frameworks overseeing financial advice, which it believes alienate consumers and small business from the sector. In its pre-budget submission the peak body for certified practicing accountants, CPA Australia has called ...

Pro-bono advice program for bushfire affected launches

ELIZABETH MCARTHUR  |  THURSDAY, 6 FEB 2020
... a very emotional time. "Financial advisers are in a unique position to lend their support to these families and small business owners alike. Particularly during the stressful process of filing insurance claims, having to navigate digital self-service ...

Where to from here?

JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
... were deemed to be systemic and cultural failures at a corporate level has impacted individual advisers - often small business owners. "The small number of individual adviser failures seems to have translated into a reputational and administrative challenge ...