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Showing 3121 - 3130 of 18263 results for "Plan"

Proposed reforms could simplify advice

KARREN VERGARA  |  FRIDAY, 3 DEC 2021
Fresh proposals from the Australian Law Reform Commission aim to simplify several complex areas of financial advice legislation. The ALRC is proposing sweeping changes to financial services law, including changes that affect the advice industry, tabled ...

AMP Capital secures major ATO lease

CHLOE WALKER  |  FRIDAY, 3 DEC 2021
AMP Capital has today announced that the Australian Taxation Office has signed an agreement for lease for just over 13,000 square metres across nine floors over a 10-year term at the landmark office building 255 George Street, Sydney. This lease, which ...

Mine Super appoints chief executive

JAMIE WILLIAMSON  |  THURSDAY, 2 DEC 2021
Mine Super has named its new chief executive following the departure of Harry Mitchell in March this year. Vasyl Nair, who has been acting in the role since Mitchell's departure, has now been appointed to the role permanently. Mine Super chair Grahame ...

ASIC sets out limited advice expectations

KARREN VERGARA  |  THURSDAY, 2 DEC 2021
ASIC has provided a roadmap for financial advisers to ensure that they do not breach their limited advice obligations. The corporate regulator has spelled out how not to breach limited advice regulation in the new information sheet INFO 267: Tips for ...

CFS targets adviser market

KARREN VERGARA  |  THURSDAY, 2 DEC 2021
... adviser market. Upon announcing that Commonwealth Bank relinquished its 55% stake as of yesterday, CFS unveiled its grand plan to transform operationally to service the ever-changing needs of its adviser clients. CFS chief distribution officer Bryce ...

New financial crisis standards proposed

JAMIE WILLIAMSON  |  THURSDAY, 2 DEC 2021
APRA is consulting on two new prudential standards aimed at strengthening how entities, including superannuation trustees, respond to financial crises. CPS 190 Financial Contingency Planning (CPS 190) and CPS 900 Resolution Planning (CPS 900) are the ...

FPA overcharges members

KARREN VERGARA  |  WEDNESDAY, 1 DEC 2021
The Financial Planning Association of Australia has admitted to overcharging members but declined to reveal exactly how much. The FPA blamed an administrative error that incorrectly charged a higher fee for a small number of members who upgraded their ...

UniSuper, Australian Catholic Super exploring merger

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 DEC 2021
... (ACSRF) members folded into UniSuper. In August, ACSRF shelved plans to merge with NGS Super after one year of discussions. The plan was to merge by late 2021, subject to due diligence and via a successor fund transfer. Also in August, ACSRF's LifeTime ...

Retirees require 3.3% drawdown: Research

KARREN VERGARA  |  WEDNESDAY, 1 DEC 2021
New Morningstar research recommends retirees should drop the 4% withdrawal rate to 3.3% for a balanced portfolio. Using the 3.3% rate over a 30-year time horizon, Morningstar found that newly minted retirees cannot safely withdraw 4% of their initial ...

Lonsec bolsters sales team

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 DEC 2021
Research house Lonsec has grown its sales team, including appointing a new head of sales. John Burton steps into the head of sales position. He was previously national sales manager at OnePath before more recently establishing his own wealth firm - ...