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| | | Luke Hartsuyker, opposition spokesperson for superannuation and corporate law, has labelled fee-for-service advice fees no better than commissions and said they wouldn't fix conflicts of interest. Hartsuyker made the statements while attempting to attack ... |
| | | | ... serious headaches and profits during the adjustment period. The minister for financial services, superannuation and corporate law, Chris Bowen, unveiled this week radical proposals to reform the planning industry following the findings of the Ripoll ... |
| | | | Geoff Lloyd, former general manager of advice at BT Financial Group, has joined Perpetual as group executive of private wealth. He will lead the organic and inorganic growth of Perpetual's financial advice business which currently has $8.6 billion in ... |
| | | | Joe Hockey, shadow treasurer, vows to review the Financial Services Reform (FSR) should the Coalition win the next election. Speaking at the Association of Financial Advisers (AFA) forum this month, Hockey said the FSR legislation was not implemented ... |
| | | | While Eyjafjallajokull continues to spew ash, there may be a heavier fall-out when Goldman Sach's volcano explodes. Wall Street rose last night as companies reported better than expected earnings results. And guess which one stood out? Goldman Sachs! ... |
| | | | ... government passes the relevant legislation. For example, the Review calls for adjustments to the SIS Act, the overarching law for all things super, so that super funds can carry through the reforms. Contained in the report is a proposal to introduce ... |
| | | | The Self Managed Super Fund Professionals' Association of Australia (SPAA) has appointed Macquarie Bank executive director, David Shirlow, as a director of its board. At Macquarie, Shirlow assisted financial advisers with technical support through his ... |
| | | | ... their sponsoring employer. The new Federal legislation introduced this year, which replaced the previous award modernisation law under the Howard government, complicates the matter further. Second, while it is the super fund's responsibility to administer ... |
| | | | ... should look over the fine print of their enduring powers of attorney documents for their fund because state and territory law can affect when and how that power is moved. Enduring power of attorney refers to the process where an SMSF trustee nominates ... |
| | | | ... implementation of the SSR MySuper proposal will require not just new regulations but a fundamental redesign of the trustee law principle on which the Superannuation Industry Supervision (SIS) Act is built. Michael Vrisakis, partner at Freehills lawyers ... |
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