Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 3451 - 3460 of 4777 results for "July 8"

FSC urges Senate to vote for SG rise

CLAIRE MCGREAL  |  MONDAY, 19 MAR 2012
The Financial Services Council is urging Senators to pass legislation to increase the superannuation guarantee, tabled for today, saying Australians would benefit to the tune of $184bn as a result. New research carried out by Rice Warner Actuaries for ...

Co-contrib changes need advice strategy update

ELISE BURGESS  |  MONDAY, 19 MAR 2012
IOOF has cautioned advisers to prepare for the proposed reduction of the co-contribution matching rate from July 1, potentially impacting on a popular strategy for low income clients. Currently low income earners can co-contribute $1,000 into their ...

AAT confirms ASIC planner ban

ELISE BURGESS  |  FRIDAY, 16 MAR 2012
The Administrative Appeals Tribunal has agreed with ASIC's decision to ban former Commonwealth Financial Planner Don Nguyen from providing financial services for seven years. Nguyen of Dulwich Hill, New South Wales, was disqualified by the Australian ...

Mandatory FOFA start date confirmed for July 2013

CLAIRE MCGREAL  |  THURSDAY, 15 MAR 2012
The financial services industry has been given another year to implement the FOFA reforms, with the mandatory industry wide start date confirmed as July 1, 2013. Financial Services Minister Bill Shorten announced the proposed FOFA changes will kick ...

Take advantage of current concessional caps: OnePath

CLAIRE MCGREAL  |  WEDNESDAY, 14 MAR 2012
Advisers should urge their clients to take advantage of current super concessional caps, with legislative uncertainty surrounding contribution limits for the over 50s from July 1. That's according to Andrew Lowe, head of technical sales strategy at ...

Australian Capital Reserve directors sentenced

CLAIRE MCGREAL  |  FRIDAY, 9 MAR 2012
The former directors of Australian Capital Reserve have been given prison sentences on ASIC charges of false or misleading statements in the company's accounts and a prospectus. The three directors will serve their terms through Intensive Correction ...

AFA urges Independents to help change FOFA

CLAIRE MCGREAL  |  THURSDAY, 8 MAR 2012
The Association of Financial Advisers has written to Independents and other MPs urging their support to change certain elements of the planned FOFA legislation. Issues outlined by the association include the removal of retrospective fee disclosure requirements ...

Wealthtrac signals expansion

MELANIE TIMBRELL  |  THURSDAY, 8 MAR 2012
Independent superannuation and investment platform provider Wealthtrac has signalled plans for expansion and diversification on the strength of increased FUM. "Since July 2011, Wealthtrac increased its FUM by over 10%. In a market that fell by 10% ...

FSC makes move on fund governance

ELISE BURGESS  |  WEDNESDAY, 7 MAR 2012
Some of the super industry's biggest players will have new transparency and governance policies to work under after the FSC released its new mandatory policy requirements. The Financial Services Council (FSC) said that there had been a lot of attention ...

FOFA provisions will go ahead: PJC

ELISE BURGESS  |  THURSDAY, 1 MAR 2012
The date is set for FOFA to start on July 1 this year with the Parliamentary Joint Committee releasing its report, complete with 15 new recommendations. In its 220-page report, the Parliamentary Joint Committee (PJC) noted that despite industry calls ...