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Showing 5231 - 5240 of 18266 results for "Plan"

Macquarie Group raising $1bn

KANIKA SOOD  |  WEDNESDAY, 28 AUG 2019
... shares on issue. It will also offer eligible shareholders the opportunity to participate in a non-underwritten share purchase plan (SPP) with a maximum application size of $15,000 per eligible shareholder. "We have continued to identify opportunities ...

ASIC clamps down on poor advice, grandfathered commissions

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2019
... corporate watchdog outlined its priorities for the advice sector between now and 2023 in its recently released Corporate Plan. One of its new priorities is to end grandfathered commissions with direction from Federal Treasurer Josh Frydenberg. On a periodic ...

CFP coursework approved

ELIZABETH MCARTHUR  |  TUESDAY, 27 AUG 2019
The Financial Planning Association of Australia (FPA) has had its application for recognition of CFP coursework approved by FASEA. Any financial advisers who completed Certified Financial Planning (CFP) 1-4 program coursework to obtain the FPA CFP designation ...

Board addition strengthens strategic relationship

ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
Challenger has appointed a non-executive director from MS&AD Insurance Group Holdings as part of its expanded strategic relationship with the Japanese insurer. Masahiko Kobayashi joins the Challenger board as part of the strategic relationship which ...

Down but not out: Top advisers adapt

ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
Latest figures from ASIC's Financial Adviser Register (FAR) paint a telling picture of the state of Australia's financial advice sector, with close to 3000 advisers dropping out of the industry since February. According to Rainmaker analysis, the official ...

Value but no trust in advice: Report

ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
New research from ASIC reveals what consumers really think when it comes to financial advice. The independent research, commissioned by the regulator, found that while consumers can see the value in seeking financial advice, lack of trust in the industry ...

CountPlus' 100-day plan for Count Financial

ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
... CountPlus business the leading network of professional accounting and advice firms in Australia, and we have developed a 100-day plan to integrate Count Financial into CountPlus following its return to its CountPlus home. We will ensure that all member ...

Dividend payouts stagnate

KARREN VERGARA  |  MONDAY, 26 AUG 2019
... Westpac's 3Q19 capital update, UBS highlighted the banking group will likely offer a discount on its dividend reinvestment plan. A dividend cut to 84 cents per share is also expected to be announced in the first half of 2020 as a result of ultra-low ...

Government should intervene in BOLR changes: Opposition

JAMIE WILLIAMSON  |  FRIDAY, 23 AUG 2019
... and small business has asked what the state government is doing for advisers facing financial ruin as a result of AMP's plan to change Buyer of Last Resort terms. Speaking in NSW parliament earlier this week, member of the opposition Daniel Mookhey ...

CommInsure sale stalls, sold for discount

KARREN VERGARA  |  FRIDAY, 23 AUG 2019
The Commonwealth Bank will sell its life insurance business for $150 million less than originally agreed as the sale experiences delays and regulatory roadblocks. The banking group today announced its divestment of CommInsure Life to AIA Group is facing ...