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Showing 241 - 250 of 583 results for "Directed"

ATO cracks down on SMSFs

ELIZABETH MCARTHUR  |  FRIDAY, 21 FEB 2020
... assistant commissioner - SMSF Segment Dana Fleming said that in the financial year so far, 95 SMSF trustees have been directed to educate by the ATO, whereas in 2018-19 only 45 were and in 2017-18 just 32. Similarly, the ATO gave direction to rectify ...

PIMCO puts Aussie LIT on ice

KANIKA SOOD  |  MONDAY, 3 FEB 2020
... commissions which are set to be phased out by January 1 next year. De Gori said the FPA supports the removal of on-client directed fees in all financial advice services.

FPA calls for axe to fall on stamping fees

HARRISON WORLEY  |  WEDNESDAY, 29 JAN 2020
The peak body for financial planners has moved to reiterate its stance against non-client directed fees in financial advice, as consultation opens into the government's review of stamping fees. The Financial Planning Association of Australia has welcomed ...

ISA slams ANU research as SG debate rears its head again

HARRISON WORLEY  |  MONDAY, 20 JAN 2020
... superannuation that could significantly lower the required SG for some members. "Our preference would be to see policy directed at supporting pooling solutions (as it has done recently with rule changes for annuities), while ensuring an appropriate social ...

IOOF identifies 67 high risk advisers

ELIZA BAVIN  |  FRIDAY, 10 JAN 2020
... remediation data. However, we are committed to ensuring this process is completed as quickly as possible," IOOF said. "We have directed significant resources towards remediation and have engaged independent experts (one for investigations and another ...

What you read in 2019: Superannuation

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2019
... Australia's largest superannuation fund increased its admin fees by 50%. It wrote to members that the additional fees will be "directed towards providing better products and services for you, not paying profits to shareholders." 4. AMP given the boot ...

What you read in 2019: Financial advice

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
... recalculate multiples offered to advisers as part of longstanding buy-back agreements. Financial Standard understands AMP directed compliance staff long before its announcement to begin looking into historic BOLR agreements, specifically targeting those ...

Underperformers should not be allowed new members: Silk

HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
... economy, generate wealth in the nation, generate more employment in the nation, then you do have a virtuous circle, all directed to the best interests of the members of the fund, but able to generate a series of additional or ancillary benefits for the ...

Calls for clarity on personal advice in DDO

KANIKA SOOD  |  MONDAY, 11 NOV 2019
... investor. FSC wants the 'consideration' element to be included in the exemption so that: "Personal advice is not given or directed to a person (including by electronic means) to the extent that the provider of the advice has considered one or more of ...

ACCC to probe rate cut decisions

HARRISON WORLEY  |  MONDAY, 14 OCT 2019
The Australian Competition and Consumer Commission (ACCC) has been directed by the government to immediately establish an inquiry into the behaviour of Australia's banks when it comes to passing on interest rate cuts. Announcing the inquiry on this ...