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Showing 4681 - 4690 of 6605 results for "Future2"

IPA issues FoFA aligned draft standard

LAURA MILLAN  |  WEDNESDAY, 3 JUL 2013
The Institute of Public Accountants (IPA) has issued a draft document for a financial planning services standard alternative to the current APES 230, the standard for financial advice services by the Accounting Professional and Ethical Standards Board ...

Industry welcomes grandfathering extension

LAURA MILLAN  |  WEDNESDAY, 3 JUL 2013
The Association of Financial Advisers (AFA) has welcomed the Senate approval of the grandfathering regulation, one of the last pending aspects of the Future of Financial Advice (FoFA) regulation. The Senate vote has given the industry 12 more months ...

Super industry leaders weigh up Rudd's new cabinet

JAMES FERNYHOUGH  |  TUESDAY, 2 JUL 2013
Following the announcement of Prime Minister Kevin Rudd's new cabinet yesterday, Shadow Minister for Financial Services and Superannuation Mathias Cormann claimed Rudd was "downgrading" the superannuation portfolio. However, Pauline Vamos, chief executive ...

Platforms surpass pre-GFC levels

LAURA MILLAN  |  MONDAY, 1 JUL 2013
The platform market has broken funds under advice (FUA) records in the March quarter, after plunging during the global financial crisis (GFC). An uptick in investor confidence and an increase in adviser productivity could be behind the growth of the ...

New Treasurer Bowen takes control of financial services and super

JAMES FERNYHOUGH  |  MONDAY, 1 JUL 2013
Chris Bowen will take over responsibility for the financial services and superannuation portfolio from Bill Shorten, as part of his responsibilities as treasurer. Previously a separate portfolio with a separate minister (Shorten), Prime Minister Kevin ...

Gonski urges Australia to look long-term

MARK SMITH  |  FRIDAY, 28 JUN 2013
The Australian financial services industry is too focused on short-term results and must find ways to focus on and promote long-term success for investors, according to David Gonski. The chair of the Future Fund board of guardians said the investment ...

But industry bodies see FoFA delay "unlikely"

LAURA MILLAN  |  FRIDAY, 28 JUN 2013
Financial industry bodies have said a delay of the Future of Financial Advice (FoFA) regulation asked for yesterday by the Financial Services Council (FSC) chief executive John Brogden is "unlikely". An extension of FoFA to July 1, 2014, would require ...

Ready for another take off

BENJAMIN ONG  |  FRIDAY, 28 JUN 2013
Are you thinking what I'm thinking? Is this a dead cat bounce or the early stages of another move higher? To be sure, it's only been three days...three straight days that the S&P 500 has turned its downtrend into a trend upwards. Even accounting for ...

FSC lobbies Rudd for last minute FoFA delay

MARK SMITH  |  THURSDAY, 27 JUN 2013
The Financial Services Council (FSC) has asked new Prime Minister Kevin Rudd for a last-minute delay to the commencement of the Future of Financial Advice (FoFA) and StrongerSuper reforms. Due to begin on July 1, the FSC has lobbied for a 12-month delay ...

Endowment bond product frees SMSFs to add risk

MARK SMITH  |  THURSDAY, 27 JUN 2013
The steady stream of reliable income provided by endowment bonds provides self-funded retirees with the certainty to take greater risk elsewhere in their portfolios, according to Endowment Bond Exchange (EBX) chief executive officer Stephen Duchesne. ...