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Showing 5111 - 5120 of 6137 results for "Australians"

FOFA: Opt-in obligations, ASIC

ELISE BURGESS  |  MONDAY, 29 AUG 2011
... said "They also remove the red tape that has prevented low-cost, good quality advice being delivered to millions of Australians." The exposure draft and explanatory memorandum is available on the Treasury website today. Interested parties are invited ...

FOFA divides on commission

ELISE BURGESS  |  MONDAY, 29 AUG 2011
... which found some 60% of super fund members have never used a financial planner, with ISN estimating three million Australians currently pay ongoing advice fees and commissions to financial planners for advice they are not receiving. The Australian Institute ...

Industry body applauds move to define financial planners

MATT WOODINGTON  |  MONDAY, 29 AUG 2011
... officer, Financial Planners Association. "We believe that provides an added consumer safeguard to ensure that when Australians are dealing with a financial planner they know that person is backed by appropriate qualifications and an ethical framework." ...

IFM hits back at claims it plays politics with super fund money

ALISON BEVEGE  |  FRIDAY, 26 AUG 2011
The chief executive of asset manager Industry Funds Management has hit back at press reports about his organisation's plan to run clean energy advertisements to coincide with the Labor Government's carbon tax campaign, calling the coverage "inaccurate". ...

AustralianSuper creates head of equities

ELISE BURGESS  |  WEDNESDAY, 24 AUG 2011
AustralianSuper has created a new role of head of equities as part of its strategy to build in-house investment talent, but the fund was clear that this does not mean mandates will be removed from external managers. Innes McKeand has accepted the newly ...

AIA Australia creates Asia role, new CEO

ALISON BEVEGE  |  TUESDAY, 23 AUG 2011
Life insurance group AIA Australia has appointed chief executive Damien Green to a Hong Kong-based role where he will grow AIA Group business across the region. Green has held the reins at AIA Australia since November 2009 and will start the newly created ...

Super keeping economy strong: ASFA

RACHEL DAVIS  |  WEDNESDAY, 17 AUG 2011
... proposal to increase the SG from nine to 12 per cent. "We already know the current level of SG is not enough to support Australians' expected retirement lifestyles," said Vamos, "and ASFA has been advocating strongly for an increase in the SG to ensure ...

PC disability insurance final report released

ALEX DUNNIN  |  WEDNESDAY, 10 AUG 2011
... the problem. Illustrating their reasoning, figures compiled by the RiskStore for 2010 reveal that last year 8,000 Australians claimed on their TPD and trauma retail insurance policies. But this is only 2% of the estimated 440,000 Australians who would ...

VicSuper nabs three sustainability awards

ELISE BURGESS  |  TUESDAY, 9 AUG 2011
VicSuper has landed three awards in the ninth annual ACCA Sustainability Reporting Awards, including best report in the financial service sector. Global accounting body Association of Chartered Certified Accountants (ACCA) announced the winners yesterday ...

Re-financing of aged care announced

RACHEL DAVIS  |  TUESDAY, 9 AUG 2011
... proposed, including the move towards user pays. The Productivity Commission's (PC) final report 'Caring for Older Australians' has recommended government-backed reverse mortgages and an Australian Age Pensioner's Savings Account to allow people to retain ...