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Showing 3821 - 3830 of 6264 results for "DET"

Providers boost adviser access to managed accounts

LAURA MILLAN  |  TUESDAY, 24 FEB 2015
Financial advisers' access to separately managed accounts (SMA) more than doubled in the past year which could open the floodgates to wider uptake of the structure, the latest Investment Trends report said. Advisers who said their most-used platform ...

Nationals pressure Treasury for RC into white collar crime

LAURA MILLAN  |  MONDAY, 23 FEB 2015
Nationals' Senator John Williams has given Treasury the suggested terms of reference for a Royal Commission into white collar crime. Williams confirmed to Financial Standard that he gave the documents to Treasurer Joe Hockey's chief of staff two weeks ...

NAB denies failing advice clients

ALEX BURKE  |  MONDAY, 23 FEB 2015
NAB Wealth has responded to media allegations of professional misconduct. After Fairfax Media published reports suggesting "forgery" and "rogue advisers" were rife within NAB's financial advice arm, NAB Wealth group executive Andrew Hagger said in a ...

Beauty in(foreign) beholders' eyes

BENJAMIN ONG  |  FRIDAY, 20 FEB 2015
Earlier this month, the Reserve Bank of Australia (RBA) released its Statement on Monetary Policy, detailing the reasons for the why and the wherefore it decided to cut the official cash rate by 25 basis points to a record low 2.25%. "...over recent ...

Advice register more detailed than expected

LAURA MILLAN  |  WEDNESDAY, 18 FEB 2015
The Treasury's public register of financial advisers will be more detailed than it was expected, the regulations introduced by Assistant Treasurer Josh Frydenberg show. As expected, the regulations include the obligation for financial advisers to provide ...

ASIC ends Macquarie EU but sees gaps in advice files

LAURA MILLAN  |  FRIDAY, 13 FEB 2015
Macquarie Equities Limited advice files have gaps and require further testing, the Australian Securities and Investments Commission (ASIC) said as the two year enforceable undertaking (EU) into the organisation's advice arm comes to an end. "While there ...

FPA asks for tax deductible advice in budget submission

LAURA MILLAN  |  THURSDAY, 12 FEB 2015
Financial planning fees should be tax deductible to give Australians more incentives to seek advice, the Financial Planning Association (FPA) said in its submission for the 2015/2016 Federal Budget. "It is up to policy makers and associations such as ...

Life insurance commissions must remain an option: AFA

LAURA MILLAN  |  WEDNESDAY, 11 FEB 2015
High upfront commissions in life insurance might not have a future, but advisers should still be able to use other types of commissions, the Association of Financial Advisers (AFA)'s chief operating officer Phil Anderson said. "The future of upfront ...

Decline in practice valuations bottoms out

MARK SMITH  |  TUESDAY, 10 FEB 2015
Financial planning business valuations have levelled off following a 20% decline over the last five years, according to a report from business broking services provider Centurion Market Makers. The report also showed that transaction activity increased ...

ATO recovers $30 million from HSBC accounts

ALEX BURKE  |  TUESDAY, 10 FEB 2015
The ATO has recovered over $30 million in tax liabilities from HSBC accounts held by Australian taxpayers. After the International Consortium of Investigative Journalists (ICIJ) published a report on Monday detailing how HSBC's Swiss banking arm assisted ...