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Showing 3491 - 3500 of 4390 results for "financial Advice"

ASIC releases more detail on limited AFS licence

LAURA MILLAN  |  MONDAY, 17 JUN 2013
... without the need for an AFS licence under an exception in the Corporations Act 2001. But as part of the Future of Financial Advice (FoFA) reforms, this exemption will cease to apply on July 1, 2016, and accountants will be able to apply for the new limited ...

Coalition opposes TASA changes

LAURA MILLAN  |  MONDAY, 17 JUN 2013
... grey areas that need to be clarified. "TASA has the potential to have more impact on planners than the Future of Financial Advice (FoFA) reforms," the Financial Planning Association chief executive Mark Rantall said. The issue will be discussed in today's ...

Industry bodies ask PJC for TASA extension

LAURA MILLAN  |  THURSDAY, 13 JUN 2013
... the PJC that it could cost the advice industry up to $1 billion to meet the requirements of TASA. The Future of Financial Advice (FoFA) legislation coming in also on July 1 puts more pressure on advisers. "We have 18 days to go before we find ourselves ...

Macquarie Wrap launches FDS

LAURA MILLAN  |  WEDNESDAY, 12 JUN 2013
... Macquarie Wrap has launched a fee disclosure statement (FDS) functionality ahead of the start of the Future of Financial Advice (FoFA) reforms. The new functionality allows advisers to customise their statement to align with the services they provide ...

PJC to hold TASA hearing tomorrow

LAURA MILLAN  |  TUESDAY, 11 JUN 2013
... bill and is expected to debate over the scope of the legislation and how will it interact with the Future of Financial Advice (FoFA) regulation, which will also come in on July 1. The Committee will look at how the Australian Securities and Investments ...

Employed advisers could face $200k liability under FoFA

JAMES FERNYHOUGH  |  TUESDAY, 11 JUN 2013
... representatives (ARs), according to Charmian Holmes, solicitor director at The Fold Legal (the Fold). Once the Future of Financial Advice (FoFA) reforms kick in, ARs could be liable for up to $200,000 in fines, regardless of whether or not they are the ...

Lonsec and Milliman partner for post-retirement research

MARK SMITH  |  TUESDAY, 11 JUN 2013
... funds and institutions, and which his also aligned to the challenges faced by advisers in the post- Future of Financial Advice (FoFA) world. With the initiative, de Pourbaix said Lonsec and Milliman would focus on building model portfolios for retirees ...

Corporate super specialists ask Treasury for FoFA exemption

JAMES FERNYHOUGH  |  FRIDAY, 7 JUN 2013
... the request for a no-action letter in an attempt to bypass conflicted remuneration provisions of the Future of Financial Advice (FoFA) reforms, which come into effect on 1 July. Under current provisions, corporate super specialists will be prohibited ...

Free service may help advisers bypass FoFA costs

JAMES FERNYHOUGH  |  THURSDAY, 6 JUN 2013
... service, 'TD Gateway', will enable financial advisers to bypass many of the costs associated with the Future of Financial Advice (FoFA) reforms, according to Curve managing director Andrew Murray. The free-of-charge service will give advisers access ...

TASA necessary for customer protection: accountants

LAURA MILLAN  |  WEDNESDAY, 5 JUN 2013
... same professional and ethical standards required under TASA," Conway said. Anne Street Partners is one of the financial advice practices that registered as a tax agent ahead of the exemption. "We knew the exemption would expire, so we took the steps ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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