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Showing 3231 - 3240 of 6264 results for "DET"

FPA pushes tax deductible incentives

KARREN VERGARA  |  TUESDAY, 28 MAR 2017
The Financial Planning Association of Australia is advocating for tax deductions of management fees and costs associated with the initial preparation of a financial plan. In its pre-budget submission to the Federal Government, the FPA says ongoing management ...

Super trustees need better vigilance: APRA

EMMA RAPAPORT  |  MONDAY, 27 MAR 2017
APRA's deputy chair Helen Rowell hit out at superannuation trustees who incur "inappropriate expenditures" saying that unnecessary costs negatively affect outcomes for members. Speaking to delegates at the 2017 Conference of Major Super Funds (CMSF) ...

Former adviser cops ASIC reprimand

JAMIE WILLIAMSON  |  FRIDAY, 24 MAR 2017
A former Macquarie Equities Limited adviser agreed to not provide financial services for four years as part of an enforceable undertaking by ASIC. The regulator determined that Anthony Wilson had failed to comply with financial services laws between ...

Housing affordability threatens super's future

EMMA RAPAPORT  |  FRIDAY, 24 MAR 2017
Australia's declining home ownership rate has become so serious that it is imposing a significant threat to the adequacy of Australia's retirement income system, according to a new report. If the trend continues retirees will be increasingly forced ...

Record adviser numbers attend Sydney ABDO

JAMIE WILLIAMSON  |  THURSDAY, 23 MAR 2017
The Financial Standard Advisers Big Day Out (ABDO) Investment Manager Roadshow hit Sydney today, with more than 500 financial advisers and industry professionals registering for the annual event. Held at Shangri-La Hotel, Pyrford International strategic ...

CommInsure cleared of medical misconduct

ALEX BURKE  |  THURSDAY, 23 MAR 2017
ASIC's investigation into CommInsure found no evidence of claims managers applying pressure on medical staff to change assessments, although the regulator said claims handling fell short of community expectations. CommInsure employees have been accused ...

Profit-to-member super funds must restore trust: AIST

EMMA RAPAPORT  |  WEDNESDAY, 22 MAR 2017
Profit-to-member superannuation funds have a duty to strengthen and restore trust in Australia's $2 trillion super system, as well as lead other institutions to restore economic balance for the everyday working person. Australian Institute of Superannuation ...

Future retirement products aided by tax exclusions

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2017
The Federal Government's latest development of regulation for new retirement income streams is now open for public consultation. Adding to the existing draft legislation, the government has proposed that superannuation funds and insurance companies ...

Statewide Super renews custody deal

KARREN VERGARA  |  TUESDAY, 21 MAR 2017
Following an extensive market review Statewide Super retained its custodian. The $7 billion industry superannuation fund has renewed its long-running partnership with NAB Asset Servicing (NAS), which provides custody, master custody, investment administration ...

Major ASIC project finds serious financial advice concerns

ALEX BURKE  |  FRIDAY, 17 MAR 2017
ASIC has released a report on how large financial advice firms have addressed serious conduct, compliance and customer remediation issues, revealing serious concerns about how the industry has operated over the past five years. The report is part of ...