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Showing 4541 - 4550 of 6605 results for "Future2"

Advisers still servicing few wealthy clients

LAURA MILLAN  |  MONDAY, 25 NOV 2013
Financial advisers are still servicing very few and very wealthy clients, despite the Future of Financial Advice (FoFA) reform's objective of bringing advice to more Australians. Only 15% of Australians use a financial adviser, the Global Investor Pulse ...

FoFA boosts advice business valuation

LAURA MILLAN  |  THURSDAY, 21 NOV 2013
The valuations of advice businesses compliant with the Future of Financial Advice (FoFA) regulation have increased in Western Australia, Victoria and New South Wales. "Concerns around FoFA have not lowered valuation multiples and in some states they ...

David Murray to head financial system inquiry

MARK SMITH  |  THURSDAY, 21 NOV 2013
Future Fund inaugural chair David Murray has been appointed to head the inquiry into Australia's financial system, the Government has announced. Dubbed the "Son of Wallis" inquiry in reference to a similar inquiry led by Stan Wallis 16 years ago, the ...

Sinodinos hints at relaxing conflicted remuneration rules

MARK SMITH  |  THURSDAY, 14 NOV 2013
Assistant Treasurer Arthur Sinodinos has suggested that some forms of remuneration currently regarded as conflicted may be allowed under the government's amendments to the Future of Financial Advice (FoFA) reforms. In a pre-recorded interview with Association ...

Instos willing to improve data management

LAURA MILLAN  |  WEDNESDAY, 13 NOV 2013
Institutional investors are aware of the competitive advantage of efficient data management and want to find ways to improve it use. About two thirds of institutional investors said that data and analytics capabilities will be among their most important ...

Transaction-based fees hurt private banking clients

MARK SMITH  |  WEDNESDAY, 13 NOV 2013
Credit Suisse's Asia Pacific head of private banking Francesco de Ferrari has criticised the industry's commonplace transaction-based fee structures for not being in clients' best interests. He told Financial Standard that charging clients when they ...

Parliament to address large financial services agenda

LAURA MILLAN  |  TUESDAY, 12 NOV 2013
The 44th Parliament, which began its first sitting today, is set to address a number of relevant issues affecting the financial services industry. Treasury expects that the Parliament will announce the terms of reference and the panel members for the ...

Ex Future Fund exec to tap into aged care

LAURA MILLAN  |  MONDAY, 11 NOV 2013
Former head of Strategy at Future Fund QIC Tony Day has launched a consulting service focused on direct investment in aged care. Day's Scarce Capital has partnered with specialist consulting firm Round Tower Solutions to provide advice on long term ...

Advice insto ownership steps up post GFC

ALEX DUNNIN  |  MONDAY, 11 NOV 2013
One-quarter of financial advisers are in licensees that have changed ownership since the GFC and 80% of affected advisers have gone into advice groups owned by the big six bancassurance groups, reveals the 2013 Rainmaker Financial Planning Report. "The ...

Electronic reports signify Stronger Super milestone

MARK SMITH  |  MONDAY, 11 NOV 2013
Forty seven superannuation funds representing over 4 million members have for the first time lodged electronic reports to the Australian Prudential Regulation Authority (APRA) as part of the new standards outlined in the Stronger Super reforms, marking ...