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Showing 2661 - 2670 of 2989 results for "ARRA"

Another Elm associate banned by ASIC

HAMISH MADDEN  |  TUESDAY, 11 JUL 2006
The Australian Securities and Investments Commission (ASIC) has banned a financial adviser associated with the failed Elm Financial Services group for three years for his part in convincing a couple to invest $1 million in a failed product. Sydney adviser ...

RSE licensing transition grinds to a close

HAMISH MADDEN  |  WEDNESDAY, 5 JUL 2006
The end of the financial year also marked the transition to the new superannuation trustee licensing system, with the Australian Prudential Regulation Authority (APRA) reporting that most of the applicants were awarded a Registrable Superannuation Entity ...

IUS appoints group risk manager

KATE HAGE  |  WEDNESDAY, 5 JUL 2006
Group income protection insurance provider IUS has recruited a manager of group risk to its life insurance team. Damon Purkiss, formerly assistant manager institutional business for MetLife, will take on the role, focusing on product development, pricing ...

AXA provides more lending facilities

AXA Financial Advice Network (FAN) Licensees, AXA Financial Planning and Charter Financial Planning have teamed up with a third party mortgage distributor to bolster their suite of lending facilities. The new arrangement is with Alliere, a fully-owned ...

More reverse mortgage protections needed: Mariner

HAMISH MADDEN  |  TUESDAY, 4 JUL 2006
Australian Stock Exchange (ASX) listed Mariner Retirement Solutions has thrown its weight behind the push for greater legislative measures around reverse mortgages. Mariner has backed calls emanating from a recent Institute of Actuaries of Australia ...

Morningstar confirms buy-out of Aspect Huntley

KATE HAGE  |  MONDAY, 3 JUL 2006
International research and ratings house Morningstar has paid $30 million to acquire Aspect Huntley, the Sydney based market research group and owner of industry publications IFA and Investor Weekly. The announcement comes two months after Financial ...

Value of advice shines at Tupicoffs

Financial planner Neil Kendall from financial planning group Tupicoffs has successfully demonstrated the 'value of advice' after his one-off pro-bono work for a low income client saw them nearly $300,000 better off. Announced the winner of this year's ...

New kid on the ratings block: Heron

Superannuation consulting group The Heron Partnership has joined Chant West, Rainmaker and SuperRatings in the superannuation product ratings game with the launch of its own fund ratings service. The group reviewed 98 funds from the industry fund, master ...

FCA levels insurance field for DIY funds

Family Care Australia (FCA) has teamed up with MetLife Insurance to provide self-managed super funds (SMSFs) group insurance products at fees on par with that of large employer and industry funds. "Unlike members of large employer or industry funds ...

Budget transitional arrangements for over 65s

ALEX DUNNIN  |  WEDNESDAY, 14 JUN 2006
The Treasurer has announced transitional provisions to apply to the proposed $150,000 annual cap on post-tax contributions while also adjusting the payment rules for people aged 65 and over. However, post-tax contributions made between 1 July 2005 and ...