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Showing 5231 - 5240 of 6605 results for "Future2"

FOFA: Opt-in obligations, ASIC

ELISE BURGESS  |  MONDAY, 29 AUG 2011
The much anticipated proposed regulations for the financial advice industry have been announced with opt-in, the banning of commissions, new powers for ASIC and a consultation paper on the term 'financial planner' outlined in the first tranche of draft ...

FOFA: Government extends soft-dollar benefit ban to non-super risk insurance

ALISON BEVEGE  |  MONDAY, 29 AUG 2011
The Federal Government has extended its ban on soft-dollar benefits under the Future of Financial Advice draft legislation announced today. It will now include risk insurance outside of superannuation. The ban, scheduled to go live on July 1, 2012 ...

FOFA divides on commission

ELISE BURGESS  |  MONDAY, 29 AUG 2011
The Government's stance on the banning of commissions has proven to be a contentious issue, attracting quick responses from industry heavyweights after today's release of draft legislation of the Future of Financial Advice reforms. Despite hinting that ...

Industry body applauds move to define financial planners

MATT WOODINGTON  |  MONDAY, 29 AUG 2011
The government will release a public consultation paper on defining the term 'financial planner' by law, obliging advisers to prove their credentials before offering services to clients. The Treasury has drawn praise from industry bodies for announcing ...

Count Financial profit surges on windfall float

ALISON BEVEGE  |  MONDAY, 29 AUG 2011
Financial planning group Count Financial reported a profit surge of $51.56 million, a 113% increase on the previous corresponding period, in its annual results today. The announcement was expected after the firm issued earnings guidance earlier this ...

Politicians spar over future of superannuation guarantee

ALISON BEVEGE  |  FRIDAY, 26 AUG 2011
Politics flared today on the proposed increase in the superannuation guarantee with each side remaining entrenched in their positions. Minister for Superannuation Bill Shorten called on the Coalition to support the lifting of the superannuation guarantee ...

QSuper CIO joins the ASFA Board

RACHEL DAVIS  |  FRIDAY, 26 AUG 2011
The Association of Superannuation Funds of Australia has appointed QSuper CIO, Brad Holzberger to their board, replacing Michele Dolin who stepped down as GESB CEO earlier this year. Holzberger has over 20 years experience in the financial services ...

SPAA board appoints comms specialist

ELISE BURGESS  |  MONDAY, 22 AUG 2011
Robin Bowerman, Vanguard's current head of corporate affairs and market development, has been appointed to the SPAA board in what the association hopes will be an asset to its upcoming policy advocacy campaigns and membership drive. Bowerman, also a ...

Planning practices will sell on earnings not revenue after opt-in

ALISON BEVEGE  |  FRIDAY, 19 AUG 2011
Financial advisors need to improve their earnings not their revenues if they want to sell their businesses, a strategic advisory firm has said. Hunts' Group Consulting, which gives strategic growth advice to the wealth management industry, knows how ...

Development, not cash, job market motivator

ELISE BURGESS  |  FRIDAY, 19 AUG 2011
Cash incentives are not enough in today's financial industry workplace, with long term career development now the top spot on finance candidates wish lists. The allure of long-term career development was found to be the most attractive asset a finance ...