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Showing 5471 - 5480 of 18266 results for "Plan"

Industry welcomes tax cuts and surplus

KARREN VERGARA  |  TUESDAY, 16 APR 2019
Personal tax cuts and the $7.1 billion estimated surplus announced were the main highlights of this year's Budget, Financial Standard 's latest straw poll shows. More than a third or 35% of participants highly favoured the tax cut proposals ...

Retirement funder partners with ME Bank

KARREN VERGARA  |  FRIDAY, 12 APR 2019
... establish a $100 million wholesale debt facility. The facility is designed to meet the unmet financial needs of retirees who plan to continue living at home, ME Bank and Household Capital said. Household Capital managing director Joshua Funder said the ...

Westpac appoints acting advice GM

JAMIE WILLIAMSON  |  FRIDAY, 12 APR 2019
Westpac has appointed an acting general manager of advice to lead the transition of its financial planning business to Viridian Advisory. National head of BT Group Licensees Ashley Stewart will take on the role of acting general manager of advice from ...

$1.5bn pulled from Pendal

KARREN VERGARA  |  FRIDAY, 12 APR 2019
Westpac is pulling $1.5 billion of funds under management from Pendal Group over April as it consolidates its superannuation offerings. Pendal's management fee margin will be impacted by 0.31%, predominantly coming from multi-asset funds under management ...

FPA shuffles CRC leadership

HARRISON WORLEY  |  FRIDAY, 12 APR 2019
The Financial Planning Association of Australia has welcomed a new chair to lead its Conduct Review Commission. The FPA has shuffled the leadership of its Conduct Review Commission, with former deputy chair Dale Boucher appointed chair at the beginning ...

APRA to boost staff numbers

HARRISON WORLEY  |  FRIDAY, 12 APR 2019
... BEAR regime, the Royal Commission, the learnings from the CBA Inquiry - and the fact we have had new powers given to us - we plan to set out a new approach to enforcement that will see us utilising our enforcement tools more quickly in future, particularly ...

Chief economist update: The bad oil

BENJAMIN ONG  |  FRIDAY, 12 APR 2019
The International Monetary Fund (IMF) recently released its World Economic Outlook April report where it slashed its global growth projections to 3.3% this year, down from 3.5% forecast in January and from 3.7% predicted in its October 2018 outlook ...

L1 eyes $70m for UK property fund

KANIKA SOOD  |  THURSDAY, 11 APR 2019
L1 Capital's latest UK residential property fund is expecting to raise between $60 million and $70 million as financial planning groups and rich investors hunt opportunities for attractive yields. The fund is targeting a distribution yield of 6-7%. ...

Financial adviser salaries revealed

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2019
As the fallout from the Royal Commission continues, financial adviser's salaries are being scrutinised. According to the latest Financial Adviser Salary Guide from Kaizen Recruitment, a senior financial adviser with more than 10 years' experience and ...

AMP, IOOF: Saved by ESG

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 APR 2019
... called for the removal of the chief executive and chair, and requested that the company complies with APRA's 'Managed Action Plan' as this was a necessary step in the interests of all stakeholders to place the company on a sustainable course," the firm ...