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

Search Results

Showing 3701 - 3710 of 4393 results for "financial Advice"

UN Responsible Investment head joins Emerald launch

ELISE BURGESS  |  TUESDAY, 6 MAR 2012
... Justin Medcalf, managing director of the wrap distributor, The Emerald Club, said the changes within the Future of Financial Advice (FOFA) reforms means this is the ideal time for the new wrap. "The political climate, with both FOFA and the Carbon Tax ...

FOFA provisions will go ahead: PJC

ELISE BURGESS  |  THURSDAY, 1 MAR 2012
... advice and the professionalism of the industry are paramount. "The FOFA reforms will create a highly professional financial advice industry. Further, as systems are developed and refined to meet the annual disclosure and 'opt-in' obligations, the large ...

FOFA discontent rumbles on after PJC findings

CLAIRE MCGREAL  |  THURSDAY, 1 MAR 2012
... Council (FSC) slammed the Parliamentary Joint Committee (PJC) findings, maintaining the legislation would make financial advice costly, while "not allowing for an effective scaleable advice framework". "We want higher standards for financial advisers ...

New appointments at Aon Hewitt Wealth Management

MELANIE TIMBRELL  |  MONDAY, 27 FEB 2012
... Kraft, managing director for Aon Hewitt Wealth Management. "In addition to all the regulatory changes affecting financial advice and superannuation, we have an ambitious strategic agenda. Our recent appointments help strengthen our great team and position ...

Bendigo Wealth opts for scaled advice ahead of FOFA

MELANIE TIMBRELL  |  TUESDAY, 21 FEB 2012
Bendigo Wealth has announced a scaled-advice capability to drive down the cost of financial advice in an effort to address key FOFA issues such as accessibility. In a fact-sheet to planners circulated with the announcement, Bendigo Wealth wrote, "FOFA ...

Conflict of interest still key issue: ASIC shadow shop

CLAIRE MCGREAL  |  TUESDAY, 21 FEB 2012
... revealed conflict of interest has again emerged as a problem for consumers in its latest shadow shop research on financial advice. The results of the 2011 survey, carried out to test the quality of advice given to consumers in or nearing retirement ...

Superannuation needs more regulatory resilience: ASIC

MELANIE TIMBRELL  |  MONDAY, 20 FEB 2012
... products, again regulated by ASIC," Medcraft said. "There will also be a greater need for consumer education and financial advice due to a changing demographic as baby boomers move to retirement phase and switch to more conservative assets. Also - a ...

New MLC unit focuses on accountants servicing SMSFs

MELANIE TIMBRELL  |  WEDNESDAY, 15 FEB 2012
... establishment, structuring and closure of SMSFs. While FOFA Stage II however, refers to a broader range of "non-product financial advice," there is still uncertainty around the exact scope of advice that would be permitted under a streamlined licence. ...

No time for FOFA impact statement: OBPR

MELANIE TIMBRELL  |  WEDNESDAY, 15 FEB 2012
... dollar benefits, access to advice, replacement of the accountant's exemption, renewal requirements on on-going financial advice fees to retail clients and the treatment of paid commissions on insurance products outside of super were named as the six ...

ASIC to take hard line on deliberately misleading ads

CLAIRE MCGREAL  |  WEDNESDAY, 15 FEB 2012
... that do not accurately represent the financial product or its key features and risks, or the nature and scope of financial advice, can create unrealistic expectations that lead to poor financial decisions," Kell told an Association of Superannuation ...