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Showing 4321 - 4330 of 6884 results for "Act2"

ClearView appoints former MLC BDM of the Year

STAFF WRITER  |  WEDNESDAY, 19 MAR 2014
ClearView Wealth (ClearView) A has A expanded its financial adviser channel with the appointment a new state manager for NSW and the ACT. Kathryn Williamson has been appointed State Manager - NSW/ACT. Williamson has worked in financial services for ...

FoFA changes no threat to best interest duty: lawyer

JAMES FERNYHOUGH  |  WEDNESDAY, 19 MAR 2014
The Financial Services Council (FSC) has obtained legal advice arguing that the proposed amendments to the Future of Financial Advice (FoFA) reforms will not compromise the best interests duties of advisers to their clients. The advice, provided by ...

Market wrap AM

AAP  |  WEDNESDAY, 19 MAR 2014
The Australian market looks set to follow international markets and open higher as investors shrug off Russia's move to formally absorb Crimea and begin turning attention to a US Federal Reserve monetary policy meeting. At 0645 AEDT on Wednesday, the ...

Advisers have to act in client's best interests: PM

ALEX DUNNIN  |  TUESDAY, 18 MAR 2014
Prime Minister Tony Abbott has echoed claims that regardless of what the government does to the Future of Financial Advice (FoFA) legislation that financial advisers will still have undefined best interests obligations. Speaking at Parliament House ...

"Free set up" SMSF administrator pays infringement notice over bogus claims

ALICE URIBE  |  TUESDAY, 18 MAR 2014
Self- managed superannuation fund (SMSF) administration company SuperHelp Australia (SuperHelp) has paid a $10,200 infringement notice penalty after making potentially misleading statements about the cost of setting up an SMSF. ASIC's concerns related ...

Pickle wrapped in a bind

BENJAMIN ONG  |  MONDAY, 17 MAR 2014
The verdict is in, Crimeans have decided... what now? Surprise of surprises Virginia! Exit polls following Sunday's Crimean referendum showed that 93% of voters voted to secede from Ukraine and return to Russia with love. Ukraine's new government, Europe ...

HESTA non-committal on Transfield divestment

JAMES FERNYHOUGH  |  FRIDAY, 14 MAR 2014
Industry super fund HESTA has given no commitment to divest from Transfield Services, following calls for it to do so from the Australian Services Union (ASU). The ASU national executive adopted the resolution on Wednesday, on the grounds that ASU members ...

Onus on consumers to ask about commissions: Sinodinos

JAMES FERNYHOUGH  |  WEDNESDAY, 12 MAR 2014
Consumers must take responsibility for finding out whether their financial adviser has a conflict of interest, according to Assistant Treasurer Arthur Sinodinos. Defending the government's proposed amendments to the Future of Financial Advice (FoFA) ...

Westpac exec gets ASIC ban after preying on elderly's finances

ALICE URIBE  |  WEDNESDAY, 12 MAR 2014
ASIC has permanently banned David St Pierre, a former Westpac bank home finance manager from engaging in credit activities and providing financial services after encouraging vulnerable clients to borrow against their homes for investments. St Pierre ...

State Super to combine with two NSW state funds

JAMES FERNYHOUGH  |  TUESDAY, 11 MAR 2014
The New South Wales government has announced it will amalgamate the management of the assets of State Super with that of two other state-run funds. The management of SAS Trustee Corporation, the trustee of State Super, will merge with that of the Safety ...