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Showing 381 - 390 of 1389 results for Alex Dunnin

ECT assessments down 38%

ALEX DUNNIN  |  MONDAY, 15 OCT 2012
The number of excess contribution tax (ECT) assessments fell 38%, according preliminary data from the ATO. In 2009-10, the number of ECT assessments peaked at 49,786, but in 2010-11 this number had dropped to 31,217, the ATO reported. This fall in ECT ...

Hultgren appointed MDRT Australia chairman

ALEX DUNNIN  |  MONDAY, 15 OCT 2012
Geelong based financial adviser and Principal of Chapman Welsh Financial Services Ross Hultgren has been appointed Australian national chairperson of the Million Dollar Round Table (MDRT). The MDRT is one of the premier global associations for financial ...

PC hands down final default super report

ALEX DUNNIN  |  MONDAY, 15 OCT 2012
The Productivity Commission has handed down its report into default superannuation arrangements, coming down largely in favour of the status quo but supplemented with improvements to the selection process and competition between funds. Its core recommendation ...

We'll hunt down commission 'work around': FSA

ALEX DUNNIN  |  FRIDAY, 12 OCT 2012
The UK financial services regulator has warned wealth groups to not try to get around the commissions ban with 'work around' fixes. Commissions and all payments from platforms to financial advisers will be banned in the UK wealth management market from ...

$1bn unpaid contributions returned

ALEX DUNNIN  |  FRIDAY, 12 OCT 2012
The Industry Funds Credit Control, the fund that collects bad superannuation debts from companies, has just passed the $1 billion threshold for how much unpaid super it has passed back to industry fund members. Unpaid superannuation contributions total ...

IOSCO recommends reforms to the $4.7tr MMF sector

ALEX DUNNIN  |  FRIDAY, 12 OCT 2012
An IOSCO review into the $4.7 trillion global money market fund sector has recommended further reforms to prevent a recurrence of the contagion crisis that fuelled the GFC in 2008. "Although money market funds (MMF) did not cause the crisis, their performance ...

Non-aligned advisers driving new platforms

ALEX DUNNIN  |  THURSDAY, 11 OCT 2012
There are now an estimated 5,300 non-aligned financial advisers in Australia, a figure that has been revised upwards by Rainmaker in response to recent takeovers and expanding research coverage. This new figure equates to 29% of advisers of Australia ...

Annuities lead US advice requests

ALEX DUNNIN  |  WEDNESDAY, 10 OCT 2012
Annuities are the number one product class US investors are requesting advice for, according to a new report on the US annuities and the insurance sector by Cerullui Associates. "Annuities are the most unsolicited products requested by clients," they ...

AustSuper adds hedge IEq option

ALEX DUNNIN  |  WEDNESDAY, 10 OCT 2012
AustralianSuper has added a new investment option, hedged international shares, taking their number of investment choices to 18, including their direct share low-cost platform. The expanded choice menu now offered by AustralianSuper makes their menu ...

Retire mortgage debt with super: CPSA

ALEX DUNNIN  |  TUESDAY, 9 OCT 2012
A recent CPA Australia report calling the lump-sum super payment system a 'retirement savings disaster' overlooks the bigger picture, according to the Combined Pensioners and Superannuants Association (CPSA). Whether it's ideal or not, retirees are ...