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Showing 3771 - 3780 of 4390 results for "financial Advice"

Retail super fund commissions revealed

MATT WOODINGTON  |  TUESDAY, 6 SEP 2011
... retail super fund members. "Where these commissions are being paid on compulsory superannuation and without any financial advice being received by the member, these payments are morally indefensible," said David Whiteley, chief executive, Industry Super ...

ASIC bans adviser over deceptive conduct

RACHEL DAVIS  |  TUESDAY, 6 SEP 2011
... has also secured the sentencing of a Hobart man, after their investigation revealed he had provided unlicensed financial advice to investors. John Vafiadis was sentenced to 6 months imprisonment after he was found guilty in the Hobart Magistrates' Court ...

FOFA levels playing field: ANZ Wealth

ELISE BURGESS  |  MONDAY, 5 SEP 2011
... Barrett, general manager advice and distribution, ANZ Wealth. The best interest test, as part of the Future of Financial Advice (FOFA) reforms, will provide the ideal setting to move financial planning as a profession and help planners compete, believes ...

Mercer plans for post FOFA advice dominance

ELISE BURGESS  |  THURSDAY, 1 SEP 2011
... industry all-rounder in research, consulting and investment funds, has its sights firmly set on the Australian financial advice industry, with plans to become a dominant player within the next decade. In its target of the retail market, Mercer will introduce ...

ANZ Wealth: phone-based advisers to help with opt-in

ELISE BURGESS  |  THURSDAY, 1 SEP 2011
... advice development division to build innovative new approaches, ANZ Wealth already has 25 people who provide financial advice over the phone on behalf of existing advisers. "This has been one of the things our aligned financial planning groups been asking ...

PM Gillard: super to support economic stability

ELISE BURGESS  |  WEDNESDAY, 31 AUG 2011
... all of which are reshaping the structure of the economy. The Prime Minister also spoke of Monday's Future of Financial Advice (FOFA) reforms in relation to the super savings of Australians and said it should not be about industry or retail funds, but ...

Mercer super members seek help in volatility

ELISE BURGESS  |  WEDNESDAY, 31 AUG 2011
... market movements. Phone-based advice requests also rose by 30% over the past fortnight. Surprisingly, Mercer's financial advice division did not match these numbers. Jo-Anne Bloch, Financial Advice leader at Mercer told Financial Standard its financial ...

CBA in takeover bid for Count Financial

ALISON BEVEGE  |  TUESDAY, 30 AUG 2011
... Financial advisory groups have also been looking for the security of large backers in the new era of Future of Financial Advice reform changes, with volume based commissions still on offer from fund managers as retail trailing commissions are phased ...

FOFA: Opt-in obligations, ASIC

ELISE BURGESS  |  MONDAY, 29 AUG 2011
The much anticipated proposed regulations for the financial advice industry have been announced with opt-in, the banning of commissions, new powers for ASIC and a consultation paper on the term 'financial planner' outlined in the first tranche of draft ...

FOFA: Government extends soft-dollar benefit ban to non-super risk insurance

ALISON BEVEGE  |  MONDAY, 29 AUG 2011
The Federal Government has extended its ban on soft-dollar benefits under the Future of Financial Advice draft legislation announced today. It will now include risk insurance outside of superannuation. The ban, scheduled to go live on July 1, 2012 ...