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Showing 3171 - 3180 of 4932 results for "MIS"

NAB too big to change culture overnight: Thorburn

LAURA MILLAN  |  TUESDAY, 17 MAR 2015
National Australia Bank (NAB) chief executive Andrew Thorburn has admitted that cultural change in such large organisation "probably takes five, 10 years," in light of the regulator's concerns about its financial planning arm. Thorburn noted that NAB ...

AMP practice to pay $10,200 penalty

LAURA MILLAN  |  THURSDAY, 12 MAR 2015
A financial planning practice licensed under AMP-owned Charter Financial Planning has been fined with $10,200 for misleading advertising. Victoria-based Australian Financial Planning Solutions (AFPS) has been hit with $10,200 in penalties after the ...

New HNWIs demand unbundled services

ALEX BURKE  |  TUESDAY, 10 MAR 2015
Australia minted nearly 45,000 new millionaires in 2014 but only a handful of them are seeking financial advice, according to Investment Trends' High Net Worth (HNW) Investor Report. Based on a survey of 3,115 Australian millionaires - holding a collective ...

What becomes of the broken hearted?

TREVOR HARRIS  |  FRIDAY, 6 MAR 2015
The period between separation and divorce is fraught with estate planning dangers, CommInsure national technical manager Alex Koodrin explained at a recent Financial Standard Technical Services Forum in Sydney. Koodrin said that the average time period ...

Market wrap PM

AAP  |  THURSDAY, 5 MAR 2015
The local bourse has opened in the red following losses from market heavyweights BHP Billiton and Rio Tinto. CMC Markets chief strategist Michael McCarthy says the market was correcting itself to improve its chances of breaking through the 6,000 points ...

ECT reforms pass Senate

STAFF WRITER  |  THURSDAY, 5 MAR 2015
The Parliament has passed the latest amendments to the superannuation excess contribution tax (ECT), implementing the final piece of legislation to reform the unpopular tax, says Taxpayers Australia Limited. "The rationale for ECT made sense at the ...

Tax concession debate "simplistic": SMSF Association

MARK SMITH  |  MONDAY, 2 MAR 2015
The SMSF Association's chief executive and managing director Andrea Slattery has called for a more informed debate about the cost of super tax concessions. In a strongly worded media release, Slattery branded the current debate as "misinformed, simplistic ...

Borrowing magnifies risk: David Murray

ALEX BURKE  |  MONDAY, 2 MAR 2015
FSI chair and former CBA chief executive David Murray clarified his position on borrowing in super at the Switzer Leadership Lunch in Sydney. Arguing that the media had misrepresented his views, Murray explained that the FSI recommended that superannuation ...

Future Fund alternatives head joins Hedge Fund Standards Board

STAFF WRITER  |  FRIDAY, 27 FEB 2015
Future Fund's head of debt and alternatives David George has joined the board of the Hedge Fund Standards Board (HFSB). The HFSB said the appointment emphasises the important role of sovereign wealth funds in promoting better practices in the hedge ...

Demography must drive reform

ANDREW BRAGG, FSC DIRECTOR OF POLICY AND GLOBAL MARKETS  |  FRIDAY, 27 FEB 2015
A clear Australian agenda for change which requires difficult reform over the next decade is emerging. Demography is a very significant challenge alongside the inefficient federation and Australia's national competitiveness. It is an issue which reaches ...