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Showing 551 - 560 of 1613 results for "Recommended"

FASEA-induced exodus increasingly likely

JAMIE WILLIAMSON  |  TUESDAY, 17 JUL 2018
... proposed pathway for new entrants is too rigid and may starve the industry of future advisers. The association has also recommended financial advisers servicing SMSF trustees be required to complete specialised SMSF education, which was also recently ...

Government mulls reforms to tax residency rules

JAMIE WILLIAMSON  |  THURSDAY, 12 JUL 2018
... resident for taxation purposes, proposing the first reform to definitions in more than 80 years. The advisory board has recommended residency be defined by whether a person spends more than 183 days in Australia over any 12-month period. This means any ...

Contango hires K2 distribution heads

KANIKA SOOD  |  WEDNESDAY, 11 JUL 2018
... also launched a new ETMF, overseen by a US-based investment partner. WCM Quality Global Growth Fund (WCMQ) was rated recommended by Lonsec on Monday. It opened on the ASX this week via offer for units in the fund and will close on August 22.

Advised clients and their most frequently asked questions

KARREN VERGARA  |  MONDAY, 9 JUL 2018
... Advisers are also seeing the benefits of managed accounts from their clients' point of view - about 64% either recommended or intended to use managed accounts in the last 12 months. Of those advisers that recommend managed accounts, 75% believe their ...

Mercantile takeover of private equity fund moves ahead

HARRISON WORLEY  |  THURSDAY, 5 JUL 2018
... a private equity-focused listed investment company (LIC). In an announcement to the ASX, IPE directors unanimously recommended shareholders accept the offer in the absence of a superior proposal, with the Mercantile Investment Company subsidiary offering ...

FASEA must recognise all prior learning: FPA

JAMIE WILLIAMSON  |  THURSDAY, 5 JUL 2018
... and relevant education specific to financial advice higher than the minimum RG146 standard. In addition, the FPA has recommended FASEA recognise the significant study undertaken to attain financial planning certifications, particularly the CFP. "As the ...

Macquarie axes grandfathered commissions

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUL 2018
... legacy of the 2013 FoFA reforms - and ASIC, in its submission to the Royal Commission following its second inquiry, recommended the elimination of such payments. ASIC said it was concerned ongoing advice arrangements do not provide a benefit to customers ...

ASIC takes financial planner to court

KANIKA SOOD  |  TUESDAY, 3 JUL 2018
... held a licence from Solar Financial Advisory from June 2014 to August 2017. ASIC alleged that during this time Gordon recommended his clients establish SMSFs and extend unsecured loans to a property development company, which has since been placed in ...

AFA seeks overhaul of proposed education standards

JAMIE WILLIAMSON  |  TUESDAY, 3 JUL 2018
... this option be extended from 10 years to 15 years. For advisers with qualifications in a related field, the AFA has recommended expanding the definition of related degrees to include any undergraduate or postgraduate degree that includes at least six ...

Absolute returns core to building wealth: ARCO chair

KANIKA SOOD  |  FRIDAY, 29 JUN 2018
... p.a. return after fees. The fund was added to HUB24 and Netwealth platforms, it announced today. Zenith rates it as recommended. Defining absolute return investing "Absolute return investing is basically the way investing has always been done for hundreds ...