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| | | A report stating a quarter of financial advisers would be wiped from the industry and fee revenue halved by 2024 is alarmist, the Association of Financial Advisers said today. The report by research house Rice Warner Actuaries stated the figures in ... |
| | | | Top superannuation fund chiefs are today locked in high-level talks with Financial Services Minister Bill Shorten on a range of issues including raising the superannuation guarantee. Pauline Vamos, chief executive of the Association of Superannuation ... |
| | | | Minister for Financial Services Bill Shorten has eased reforms on financial planners by extending the opt-in period but the Opposition has attacked, saying it would still cost an average firm $50,000. Adviser groups have lobbied hard against the opt-in ... |
| | | | Despite some protests on the details of the proposed FOFA reforms, Assistant Treasurer Bill Shorten said the changes, particularly the ban on 'conflicted remuneration', can only improve the planning industry's public image and encourage more Australians ... |
| | | | The Australian share market was almost half a per cent stronger at noon, trading off its highs of the session as traders digested a new high for the Australian dollar and what it means for stocks and interest rates. At 1200 AEST, the benchmark S&P/ASX200 ... |
| | | | The Australian market has received positive leads from offshore trading overnight, with Wall Street finishing robustly, although commodities markets were mixed. On the ASX 24, the June share price index futures contract was 26 points higher at 4,941 ... |
| | | | Indicators are strong for the last day of local trading before the five-day Easter break, with robust, positive leads from trading offshore overnight in securities and commodities. At 0715 AEST on the ASX 24, the June share price index futures contract ... |
| | | | Super trustees for failed airline Ansett will finally issue an interim distribution statement to members of the Ansett Residual Superannuation Fund, some ten years after the collapse of the company. In the next six to eight weeks, up to 11,000 ex-Ansett ... |
| | | | Financial planners are worried that low-cost advice from superannuation funds will hurt their businesses in the future and say it is unfair competition as the fees are hidden. At a recent Financial Planners Association luncheon in Sydney, advisers made ... |
| | | | The Association of Superannuation Funds of Australia is heading to Canberra to lobby the Federal Government over capital gains tax relief, association chief Pauline Vamos told a packed Sydney luncheon yesterday. The organisation wants continued tax ... |
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