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Showing 581 - 590 of 1758 results for "Financial Planners"

Trio-linked fund manager jailed for 25 months

JAMES FERNYHOUGH  |  MONDAY, 30 JUN 2014
... below an acceptable standard. "Gatekeepers, like directors, company officers, auditors, investment advisers and financial planners, who think they can flout the law, should think again."

Netwealth unveils key changes to advice business

LAURA MILLAN  |  FRIDAY, 27 JUN 2014
... will be predominantly responsible for Pathway clients, and will seek to raise the amount of clients its 1,100 financial planners. "The creation of a dedicated sales team across netwealth Advice has evolved the business to the next level in relation to ...

ASIC changes depend on the government: Medcraft

LAURA MILLAN  |  FRIDAY, 27 JUN 2014
... of resources, our trust was misplaced." Medcraft said that ASIC has "30 staff looking to monitor over 40,000 financial planners." In this context, "we need consumers to take care when dealing with a financial adviser and we need that licensees supervise ...

Senate inquiry reccommends Royal Commission into CBA

LAURA MILLAN  |  THURSDAY, 26 JUN 2014
... have a channel for complaints from key professional bodies, industry bodies, consumer groups, accountants and financial planners. The committee also asked for an investigation by the Commonwealth Ombudsman into the allegations that suggested that ASIC ...

Treasury contemplates TASA relief for experienced advisers

LAURA MILLAN  |  THURSDAY, 26 JUN 2014
Financial planners who have had six years of experience over the past eight and belong to a professional association will not have to meet the new Tax Agents Services Act 2009 (TASA) requirements for advisers, Treasury said. The government has issued ...

Banks suspected of pocketing grandfathered commissions

JAMES FERNYHOUGH  |  TUESDAY, 24 JUN 2014
... including compulsory super, if the commissions were not even to achieve their intended purpose of assisting financial planners, but were instead used to bolster the profits of the major banks and financial institutions," Whiteley said. Financial Standard ...

Ripoll labels Cormann's FoFA changes "a stunt"

LAURA MILLAN  |  FRIDAY, 20 JUN 2014
... banks have lobbied for a wind back of the best interests test, the re-introduction of certain kickbacks paid to financial planners and removal of the opt-in." The banks are also lobbying strenuously for these changes to be implemented immediately by ...

MetLife head of retirement products departs

JAMES FERNYHOUGH  |  THURSDAY, 19 JUN 2014
... When Financial Standard spoke to Arora in March, he said that the product's design included consultations with financial planners, who had responded very favourably. MetLife was also exploring the super fund route, reaching an in-principle agreement ...

AMP axes regional head of advice roles

LAURA MILLAN  |  WEDNESDAY, 18 JUN 2014
... superannuation communication business AHC. In his former role, Reeh had franchise oversight of more than 500 AMP financial planners and led the region through the Future of Financial Advice (FoFA) reform changes. Reeh had also been AMP head of financial ...

FoFA changes designed to protect big players: opposition

LAURA MILLAN  |  TUESDAY, 17 JUN 2014
... introducing loopholes lobbied for by banks" and added that the law allows "banks and other product providers to pay financial planners a range of incentives to sell their products." "The division evident between the majority and minority reports demonstrates ...