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Showing 5121 - 5130 of 18266 results for "Plan"

ASIC grants compliance scheme relief

HARRISON WORLEY  |  WEDNESDAY, 16 OCT 2019
ASIC will grant AFS licensees with relief from the obligation to ensure their financial advisers are covered by a compliance scheme. As part of the government's decision late last week to accelerate the establishment of a single disciplinary body for ...

Global investment firm expands Australian reach

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2019
T. Rowe Price has appointed Cassandra Crowe as its new head of consultants for Australia and New Zealand as part of the firm's planned growth in the region. Crowe will leave her position at Allianz Retire+ as head of consultants and research and take ...

IMF predicts bleak Australian outlook

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2019
... acknowledges it's facing "headwinds." "The international challenges are a stark reminder of why we must stick to our economic plan, which will deliver lower taxes so Australians can keep more of what they earn," Frydenberg said The fund called on policymakers ...

ASIC using intimidation tactics on grandfathering: AIOFP

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
ASIC is using intimidation tactics to get product providers to shut down grandfathered commissions early, according to the Association of Independently Owned Financial Professionals (AIOFP). Speaking to Financial Standard, AIOFP executive director Peter ...

ASX faces challenge on ETF stronghold

KANIKA SOOD  |  TUESDAY, 15 OCT 2019
ASX-listed exchange traded funds have raised close to $56 billion but now its lesser-known rival Chi-X is ready to start listing ETFs, with a Kapstream fund kicking off on it today. Chi-X started off trading small amounts of equities in Australia in ...

Stanford Brown eyes expansion

KANIKA SOOD  |  TUESDAY, 15 OCT 2019
The private wealth firm is gearing up to add to its offering, chief executive Jonathan Hoyle says. Stanford Brown's core business is private wealth but it offers ancillary services including mortgage broking, property buying and insurance. In the coming ...

Grandfathered commissions ban passes

ELIZABETH MCARTHUR  |  TUESDAY, 15 OCT 2019
The legislation that will end grandfathered commissions has passed both houses of federal parliament. Under the reforms, the benefit of any conflicted remuneration payable under a contract must be passed on to the client. The Treasury Laws Amendment ...

No pain, no gain: APRA

HARRISON WORLEY  |  TUESDAY, 15 OCT 2019
... like misuse and misrepresentation of the system - Rowell said it wasn't a good enough excuse to not press ahead with the plan, a sentiment APRA wants funds to share. "We aren't allowing difficulty to be an excuse for inaction," she said. "Trustees that ...

AMPFPA selects law firm

JAMIE WILLIAMSON  |  TUESDAY, 15 OCT 2019
... announcement, AMP's then-group executive, advice Alex Wade said AMP met with the AMPFPA's board ahead of publicising the plan. Macdonald disputed this in a recent interview with Financial Standard, saying he has never met Wade and that AMP only ...

Code monitoring move disappoints industry

ELIZABETH MCARTHUR  |  MONDAY, 14 OCT 2019
... effect at the start of next year too, but given the Government has accelerated the single disciplinary body it appears that plan is no longer in effect. "The Government thanks the professional associations and acknowledges the considerable amount of ...