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Showing 3521 - 3530 of 5855 results for "Profession"

Frydenberg to decide on advice standards in June

LAURA MILLAN  |  THURSDAY, 30 APR 2015
Assistant Treasurer Josh Frydenberg is expected to release a final document outlining the measures to improve professional standards for financial advisers at the end of June. The Association of Financial Advisers (AFA) chief operating officer Phil ...

PIMCO appoints Bernanke to advice role

LAURA MILLAN  |  THURSDAY, 30 APR 2015
PIMCO has appointed former chairman of the United States Federal Reserve Ben Bernanke as senior adviser. Bernanke will contribute his economic expertise and insights to the firm's investment process and periodically engage PIMCO's clients, the bond ...

Adviser reputation hits all-time low

LAURA MILLAN  |  WEDNESDAY, 29 APR 2015
The public image of the financial advice profession is at a historic low, according to the latest Roy Morgan Image of Professions Survey 2015. When asked to rate financial advisers for their honesty and ethical standards, respondents gave advisers a ...

Industry meets behind closed doors to fix advice

LAURA MILLAN  |  WEDNESDAY, 29 APR 2015
Assistant Treasurer Josh Frydenberg and over 20 industry and consumer bodies met on April 29th to reach a consensus on lifting professional, ethical and education standards for financial advisers. The roundtable is the first of three and will focus ...

Advisers Register hits 22k

DARREN SNYDER  |  WEDNESDAY, 29 APR 2015
Within a month of being launched the Financial Advisers Register has added about 3,000 advisers to its list, now providing consumers with an ability to search more than 22,000 in the industry. Australian Securities and Investments Commission (ASIC) ...

FEATURE: Where next for risk advice?

ALEX BURKE  |  TUESDAY, 28 APR 2015
Assistant Treasurer Josh Frydenberg says the clock is ticking for the industry to implement the recommendations in the Trowbridge report. Alex Burke investigates what that might mean for risk advice. "It is up to the industry now to restore public confidence ...

New law to add clarity to business sales

LAURA MILLAN  |  FRIDAY, 24 APR 2015
... would be treated for both parties, and increased the complexity of these arrangements. Following an outcry from the profession, this ruling was never finalised." The draft legislation proposes a maximum time limit for earnout arrangements of four yea ...

AFA calls for adviser leadership

ALEX BURKE  |  FRIDAY, 24 APR 2015
Association of Financial Advisers chief executive Brad Fox has said that advisers and licensees should take leadership roles in "pre-empting" life insurance reforms. Signalling the controversial Trowbridge Report as being the catalyst for self-directed ...

Industry should help fund ASIC: ANZ

LAURA MILLAN  |  TUESDAY, 21 APR 2015
ANZ top executives supported the idea that the financial services industry should help fund the Australian Securities and Investments Commission (ASIC) so it can "fully police industry behaviour." ANZ deputy chief executive officer Graham Hodges told ...

Industry needs to act after Trowbridge report failure

ALEX BURKE  |  TUESDAY, 21 APR 2015
The Trowbridge report likely won't become the "blueprint" for the life industry, said former Financial Planning Association of Australia chair Matthew Rowe. In a newspaper column, Rowe explained that this was because of disagreements between key members ...