Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 5981 - 5990 of 9822 results for "Advisers"

Change insurance commissions to fight churning: FSI

LAURA MILLAN  |  SUNDAY, 7 DEC 2014
... insurance." It added that "this would provide a balanced and cost effective approach to better align the interests of advisers and consumers." The FSI did not recommend removing all commissions "as some consumers may not purchase life insurance if the ...

Financial System Inquiry recommendations wrap

STAFF WRITER  |  SUNDAY, 7 DEC 2014
... structures in life insurance and stockbroking do not affect the quality of financial advice. Raise the competency of advisers: Raise the competency of financial advice providers and introduce an enhanced register of advisers. Improve guidance and disclosure ...

ATO cold calling to test SMSF trustees

LAURA MILLAN  |  FRIDAY, 5 DEC 2014
... where we identify a need to call a trustee to discuss certain matters," the spokesperson said. Harkin recommended that advisers educate SMSF trustees: "Education of potential trustees is vital when establishing an SMSF, not only to ensure they pass the ...

New FoFA likely to increase advice costs

LAURA MILLAN  |  FRIDAY, 5 DEC 2014
... their fees charged to clients as a consequence. A survey by consultancy firm Radar Results found that 78% of the over 200 advisers questioned thought that the costs of providing financial planning would increase. A total of 86% said that they will spend ...

Medcraft furious over "absolutely appalling" advice

LAURA MILLAN  |  THURSDAY, 4 DEC 2014
... There's been enough nudges," he said. As a result ASIC would lobby the government to set up a national exam for financial advisers and a user-pays model to finance itself. Medcraft said that he was "fired up" over the "absolutely appalling" fact that ...

ATO exec leaves to join consulting firm

LAURA MILLAN  |  WEDNESDAY, 3 DEC 2014
... Wales," McPherson Super Consulting director and co-founder Allan McPherson said. "The boom in SMSFs means accountants and advisers across the country need to constantly update their skills and expertise," he added. Forsyth's responsibilities at the ATO ...

Small tech providers tempt aligned advisers to defect

LAURA MILLAN  |  WEDNESDAY, 3 DEC 2014
Aligned advisers are finding large platforms slow to react to the changing environment, with some starting to "defect" and to small independent providers, AdviceInnovation members said. "People are beginning to defect. A couple years ago there wasn't ...

Perennial Australian equity trust rated by Lonsec

MARK SMITH  |  WEDNESDAY, 3 DEC 2014
... and Federation Alliance platforms. The New Zealand based Aegis platform has also listed the trust for investment by its advisers. Launched in May 2014, Perennial Value describes the strategy as a 'share fund with an airbag', claiming it dynamically safeguards ...

Laminar fund wins award for innovation

JAMES FERNYHOUGH  |  TUESDAY, 2 DEC 2014
... technology across financial services. It will generate the need to re-evaluate the core relationship between fund managers, advisers and their clients. "With Australia being the largest Funds Under Management market in the Asia-Pacific and third largest ...

FIIG nabs JB Were head of advice

LAURA MILLAN  |  MONDAY, 1 DEC 2014
... McCorquodale will be responsible for growing the private client and intermediary businesses, which includes financial advisers. McCorquodale has also worked in developing group self-managed super fund (SMSF) strategies at NAB and Commonwealth Bank. "We ...