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Showing 21 - 30 of 56 results for "Opt-in"

Advisers back higher education standards

JAMIE WILLIAMSON  |  MONDAY, 9 OCT 2017
An exclusive Financial Standard polling of the 2017 Association of Financial Advisers (AFA) awards finalists show overwhelming support for more stringent proficiency requirements - but the industry can still expect a major fallout from those who choose ...

To opt in or out of life insurance: Spot poll

KARREN VERGARA  |  TUESDAY, 3 OCT 2017
There are mixed feelings about whether young superannuation fund members should opt in to life insurance, the latest Financial Standard poll reveals. Twenty-nine per cent of respondents disagree that young super fund members should have the choice to ...

Industry furious at financial advice swap

AAP & ALICE URIBE  |  THURSDAY, 20 NOV 2014
... Labor government in 2012, gave consumers a better idea of the commissions they were paying and gave them the option to opt in or out of their arrangement with an adviser. They also ensured advisers were always working in the best interest of the client ...

AFA to lobby for MySuper opt in arrangement

LAURA MILLAN  |  FRIDAY, 17 OCT 2014
The Association of Financial Advisers (AFA) is concerned that mandatory transfer to default MySuper products could lead to consumers losing their existing insurance arrangements and asked for an opt-in arrangement to MySuper. AFA chief executive Brad ...

MySuper flips members out of millions: CSSA

JAMES FERNYHOUGH  |  TUESDAY, 24 JUN 2014
... permanent disability (TPD) insurance. "He was about to go on extended leave overseas and would have missed the opportunity to opt in to retain his account. If this member had been arbitrarily transitioned into a MySuper fund, his current insurances would ...

Firms urged to get ready for SuperStream

AAP  |  TUESDAY, 10 JUN 2014
... businesses to get ready for a new, simpler system to pay their staff's superannuation contributions. From July 1, businesses can opt in to use SuperStream, an electronic payments system that treats all super contributions in the same way, whether default ...

Aussie shares out of favour as managed fund investors go global

LAURA MILLAN  |  TUESDAY, 11 MAR 2014
Despite the Australian market achieving double-digit returns, investors have slashed their allocations to domestic share funds over concerns that the Australian economy will not be able to successfully transition away from the resources-led boom. According ...

Lawyer questions legality of FoFA amendments

JAMES FERNYHOUGH  |  MONDAY, 17 FEB 2014
... to the government's stated objectives for making the changes. Whiteley said the advice suggests the proposed changes on 'opt in,' fee disclosure and best interests would not be valid if enacted by regulation. "In light of this, industry super funds would ...

FoFA reforms put professional standards at risk: Ripoll

LAURA MILLAN  |  THURSDAY, 30 JAN 2014
... workable FoFA framework for financial planners and their clients." The FPA has backed the government's position to remove the opt in requirement and will work to "ensure specifically that the Fee Disclosure Statement process is streamlined for the benefit ...

FoFA could lock advisers into licensees for life

LAURA MILLAN  |  FRIDAY, 26 JUL 2013
... Licensee, the clients will be treated as 'new clients' with a financial disclosure statement required within one year and opt in will start in the second year. Radar Results said that the measure is "anticompetitive in nature and needs be changed by ...