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Showing 2701 - 2710 of 4416 results for "Ele"

FoFA still in need of changes: industry

LAURA MILLAN  |  WEDNESDAY, 3 JUL 2013
After the effort by the industry to comply with the Future of Financial Advice (FoFA) regulation, the organisations representing the financial services sector are asking for adjustments to FoFA. The Financial Services Council (FSC) specified that the ...

Industry welcomes grandfathering extension

LAURA MILLAN  |  WEDNESDAY, 3 JUL 2013
The Association of Financial Advisers (AFA) has welcomed the Senate approval of the grandfathering regulation, one of the last pending aspects of the Future of Financial Advice (FoFA) regulation. The Senate vote has given the industry 12 more months ...

AIA Priority Protection added to Asgard

MARK SMITH  |  MONDAY, 1 JUL 2013
AIA Australia's Priority Protection products have been added to the Asgard superannuation platform. AIA said a third of risk business in Australia is now being written via platforms and advisers increasingly see them as a means to reduce their administrative ...

But industry bodies see FoFA delay "unlikely"

LAURA MILLAN  |  FRIDAY, 28 JUN 2013
Financial industry bodies have said a delay of the Future of Financial Advice (FoFA) regulation asked for yesterday by the Financial Services Council (FSC) chief executive John Brogden is "unlikely". An extension of FoFA to July 1, 2014, would require ...

Super tax concession policy 'fatally flawed': SPAA

JAMES FERNYHOUGH  |  THURSDAY, 27 JUN 2013
The SMSF Professionals' Association of Australia (SPAA) chief executive Andrea Slattery has said current methodology used to measure superannuation tax concessions is "fatally flawed", as it does not take the entire retirement system into account. She ...

Market Wrap

AAP  |  THURSDAY, 27 JUN 2013
The Australian market has opened higher following a surge on Wall Street where weak economic news continues to mean good news for share markets. Investors took the US Commerce Department's slashing of first-quarter economic growth projections as a sign ...

Endowment bond product frees SMSFs to add risk

MARK SMITH  |  THURSDAY, 27 JUN 2013
The steady stream of reliable income provided by endowment bonds provides self-funded retirees with the certainty to take greater risk elsewhere in their portfolios, according to Endowment Bond Exchange (EBX) chief executive officer Stephen Duchesne. ...

Once more from the top

BENJAMIN ONG  |  THURSDAY, 27 JUN 2013
"Do that to me one more time Once is never enough... Say those words again that you just did Oh, baby, tell it to me once again." -Captain and Tennille...and baby, baby, central bankers did it again. Despite the absence of any significant news over ...

Morphic receives Lonsec approval

MARK SMITH  |  WEDNESDAY, 26 JUN 2013
The Morphic Global Opportunities Fund (MGOF) has been awarded an 'Investment Grade' rating from Lonsec. Launched 10 months ago by two former Hunter Hall investment managers, Jack Lowsenstein and Chad Slater, the fund now has $30 million under management ...

IFM opens Berlin office, appoints senior adviser

LAURA MILLAN  |  TUESDAY, 25 JUN 2013
Global investment manager Industry Funds Management (IFM) has opened an office in Berlin as part of its strategy to strengthen relationships with investors in Europe. IFM executive director Lars will now be in charge of the new office in Berlin. He ...