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Showing 5581 - 5590 of 18266 results for "Plan"

Financial Standard launches FS Aspire CPD

DARREN SNYDER  |  MONDAY, 11 FEB 2019
Financial Standard is drawing on its deep catalogue of financial advice, superannuation and wealth management content to roll out a new proprietary Continuing Professional Development program for financial services professionals. FS Aspire CPD offers ...

Hayne report raises professionalism stakes

JAMIE WILLIAMSON  |  MONDAY, 11 FEB 2019
Financial advisers could face the same rigid license registration requirements as doctors and lawyers if the Royal Commission's recommendations on compliance and further education in the industry become law. Commissioner Kenneth Hayne is calling ...

Sunsuper merges with corporate super fund

KARREN VERGARA  |  FRIDAY, 8 FEB 2019
IAG & NRMA Superannuation Plan will merge with Sunsuper. IAG & NRMA Superannuation Plan chair David McClatchy told members in a letter that following a review, the trustee concluded the fund could no longer operate as a standalone corporate superannuation ...

NAB wealth exit delayed

HARRISON WORLEY  |  FRIDAY, 8 FEB 2019
The bank's separation from MLC is likely to be delayed. NAB said it was likely the planned divestment of its wealth management arm MLC would be delayed as far as June 2020. The bank said that while more detail was yet to arrive about the proposed legislative ...

Ferrari restructures AMP wealth leadership

HARRISON WORLEY  |  THURSDAY, 7 FEB 2019
AMP chief executive Francesco De Ferrari has made sweeping changes to the wealth manager's leadership structure, with advice at the forefront. Current group executive of advice Alex Wade - who was appointed late last year to replace Jack Regan - ...

Grandfathered commissions deadline challenging: AFA

JAMIE WILLIAMSON  |  WEDNESDAY, 6 FEB 2019
The removal of grandfathered commissions by 2021 is not as simple as it sounds, according to the Association of Financial Advisers. Acknowledging the recommendation and subsequent announcement of a deadline for removal by Government was inevitable ...

Institutions respond to Royal Commission, make commitments

HARRISON WORLEY  |  TUESDAY, 5 FEB 2019
Australia's largest financial institutions said they are committed to improvement following the release of Royal Commission's final report. Landing yesterday, the report was scathing in its assessment of banking executives. Commissioner Hayne said the ...

Ongoing service arrangements should be tightened: Hayne

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
An overhaul of ongoing fee arrangements has been recommended by Commissioner Kenneth Hayne to combat fees for no service conduct. The final report of the Royal Commission has recommended ongoing fee arrangements should be renewed annually by clients. ...

Former adviser steals $5m from clients

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
A former financial adviser is facing a lengthy jail term after pleading guilty to the theft of close to $5 million in client funds. Former Adelaide financial adviser James Gibbs appeared before the Adelaide Magistrates Court last Friday charged with ...

Outflows dent IOOF advice, funds businesses

KARREN VERGARA  |  MONDAY, 4 FEB 2019
IOOF recorded net outflows of $481 million in its financial advice and funds management businesses during the final quarter of 2018. The advice business suffered $295 million of net outflows despite completing the transition of 661 former ANZ-aligned ...