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Showing 551 - 560 of 5371 results for "Association"

Adviser numbers drop, FAAA strengthens recruitment

KARREN VERGARA  |  MONDAY, 15 MAY 2023
As adviser numbers drop below 16,000, the Financial Advice Association Australia (FAAA) is ramping up its initiatives to curb the attrition rate and meet the soaring demand for advice. The FAAA's chief executive Sarah Abood, who spoke at the newly merged ...

Sales-oriented fear stunts expansion goals: Survey

KARREN VERGARA  |  FRIDAY, 12 MAY 2023
... based in the US expressed this sentiment in a survey conducted by Janus Henderson Investors and the Financial Planning Association. This impediment affects advisers' comfort levels when it comes to sourcing new clients, which, if not developed over time ...

Budget of missed opportunities: Industry

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
... its plan to double the concessional tax rate from 15% to 30% for super balances above $3 million. However, the SMSF Association called for the government to reopen the consultation and said it needs more discussion. "If the government proceeds with the ...

NALI measure receives mixed response

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2023
... general and specific expenses, while expenditure that occurred prior to 2018/19 will also be exempted. Financial Advice Association Australia chief executive Sarah Abood described the measure as "a little surprising." "Limiting the income that is taxable ...

ASIC, APRA reviewer deprioritised by government

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2023
... Moore who, alongside members Fiona Crosbie and Craig Drummond, were locked in until 2026. Commenting, Financial Advice Association of Australia chief executive Sarah Abood said the decision by government is concerning. "It is disappointing to see this ...

FAAA suggests adviser pathway tweaks

CHLOE WALKER  |  FRIDAY, 5 MAY 2023
The Financial Advice Association Australia (FAAA) has supported the government's experienced adviser pathway proposal, though suggests the measure be better targeted. The proposal, opened to consultation last month, seeks to clarify the educational ...

Payday super to boost retirement savings for millions

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... economic security of too many young women and others on lower incomes." Australian superannuation industry bodies Association of Superannuation Funds of Australia (ASFA) and Australian Institute of Superannuation Trustees (AIST) also welcomed the government's ...

JPMorgan acquires First Republic Bank

CASSANDRA BALDINI  |  TUESDAY, 2 MAY 2023
... Republic's 84 existing offices located across eight states will reopen as branches of the JPMorgan Chase Bank National Association. All depositors of First Republic Bank will also become depositors of JPMorgan and will have full access to all their ...

Citi names local chief executive

CHLOE WALKER  |  THURSDAY, 27 APR 2023
... in Australia have seen marginal growth, according to data released in February by the Australian Custodial Services Association. Specifically, the group saw a 2.2% increase from the six months to December end, taking it to $693.6 billion.

SMSFs weather market storms: Report

CHLOE WALKER  |  WEDNESDAY, 26 APR 2023
A joint research venture between the SMSF Association and the University of Adelaide's International Centre for Financial Services (ICFS) has found SMSFs outperformed the APRA-regulated fund sector during the 2020 market contraction but underperformed ...