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Showing 4181 - 4190 of 6884 results for "Act2"

Planning industry on brink of golden era

MARK SMITH  |  THURSDAY, 7 AUG 2014
The financial planning industry is on the verge of a golden era, but it must do everything it can to be seen as a fully-fledged profession, according to AMP executive director of financial planning Steve Helmich. The senior planning executive argued ...

Submissions open for SuperStream pass through amendments

JAMES FERNYHOUGH  |  MONDAY, 4 AUG 2014
The Federal Government has released an exposure draft proposing to amend the Superannuation Industry (Supervision) (SIS) Act to require default superannuation funds to process all default contributions. The amendments would mean that employers would ...

Market Wrap AM

AAP  |  MONDAY, 4 AUG 2014
The Australian market looks set to open lower after international bourses extended their declines with investors still concerned over conflicts in the Middle East and Ukraine and Argentina's debt default. At 0802 AEST on Monday, the September share ...

AIST slams Xenophon's super home loan proposal

JAMES FERNYHOUGH  |  FRIDAY, 1 AUG 2014
Independent Senator Nick Xenophon's proposal to allow first home buyers to access their super for a deposit would "threaten retirement income security", according to Australian Institute of Superannuation Trustees (AIST) chief executive Tom Garcia. ...

Super fund trustees say manager fees too high

MARK SMITH  |  FRIDAY, 1 AUG 2014
More than 40% of super fund investment trustees believe fund managers will need to trim their fees to remain competitive. A However, just 6% of managers agree. The figures came from two corresponding surveys conducted by Frontier Advisors. The consultant ...

Better use of client information essential to adviser success

LAURA MILLAN  |  THURSDAY, 31 JUL 2014
Financial advisers have more information about their clients than almost any other industry and they should be using it to improve their service, netwealth executive director Matt Heine said. "Throughout the fact finding process we collect more information ...

ASIC to renew focus on misleading advertising

LAURA MILLAN  |  THURSDAY, 31 JUL 2014
The Australian Securities and Investments Commission (ASIC) has listed advertising of financial products as one of the current and future areas of focus in its latest enforcement report. The regulator has achieved 256 enforcement outcomes in the six ...

AFA unveils main principles of code of conduct

LAURA MILLAN  |  WEDNESDAY, 30 JUL 2014
... Commission (ASIC). The AFA is now seeking guidance from a working group and taking into account the new Tax Agent Services Act (TASA) requirements, as well as the recommendations of past Senate inquiries into financial advice. Speaking about the recent ...

Brogden rejects cross-selling enticement fears

JAMES FERNYHOUGH  |  TUESDAY, 29 JUL 2014
Banks would not legally be able to offer incentives to business bank clients to entice them into their MySuper products, the Financial Services Council has said. The statement came in response to claims from Industry Super Australia that, in the event ...

Market Wrap AM

AAP  |  TUESDAY, 29 JUL 2014
The Australian market looks set to open flat following Wall Street's mixed performance after prominent corporate deals and a drop in pending home sales. At 0810 AEST on Tuesday, the September share price index futures contract was down seven points ...