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Showing 6061 - 6070 of 18266 results for "Plan"

Royal Commission to drive independent advice market: GlobalData

KANIKA SOOD  |  MONDAY, 30 APR 2018
Financial planners are likely to ditch the big four and AMP's wealth businesses to set shop alone, as customers move towards independent advice following the Royal Commission, according to GlobalData. Customers will become more discerning in their choice ...

"Collegiality" hinders appointments of female executives

KANIKA SOOD  |  MONDAY, 30 APR 2018
When selecting new board members, a majority (66.7%) of ASX 200 company boards tend to gravitate towards candidates whom they know - a situation which hinders the selection of female employees to male-dominated boards, according to a new survey from ...

Women less prepared for retirement: BTFG

HARRISON WORLEY  |  MONDAY, 30 APR 2018
... superannuation Melinda Howes said that given women will live four years more than men on average, it was important for women to plan for the future. "Australian women are still retiring with substantially less than men which is a critical issue that ...

US project to end pension politics

KANIKA SOOD  |  MONDAY, 30 APR 2018
An American non-profit - led by a former state treasurer - is demanding pension plan managers stop putting politics before prudent investment. The Institute for Pension Fund Integrity (IPFI) says if a fund manager is investing pension money based on ...

RC suggests separating platforms and advice licensees

ALEX BURKE  |  MONDAY, 30 APR 2018
One of the key points made by Senior Counsel Assisting Rowena Orr at the end of the financial advice Royal Commission was that vertical integration of advice licensees and platform providers carries systemic risk. Orr said that licensees using approved ...

ASX gives timeline for CHESS replacement

KANIKA SOOD  |  MONDAY, 30 APR 2018
The Australian Securities Exchange has given an arrival date for its much-anticipated trade clearing and settlement system that will replace the older CHESS system. The new distributed ledger technology (DLT) will start clearing trades for the ASX about ...

Government to increase SMSF member limit

KARREN VERGARA  |  MONDAY, 30 APR 2018
The Federal Government announced it will expand the maximum number of self-managed superannuation fund members from four to six - a proposal welcomed by the SMSF Association. Revenue and Financial Services Minister Kelly O'Dwyer said the change will ...

Sixty per cent of FPA members hold degree

HARRISON WORLEY  |  MONDAY, 30 APR 2018
Responses to a Financial Planning Association of Australia questionnaire indicate the education levels of its members compare favourably to the planning industry overall. After 3200 members responded in the fortnight since the FPA issued its questionnaire ...

RECAP: Advice in the Royal Commission spotlight (Days 6- 9)

KANIKA SOOD  |  FRIDAY, 27 APR 2018
In a workweek cut short by a public holiday, the Royal Commission heard evidence which included an AMP adviser identified only as Mr E, whose clients haven't even been informed of his misconduct yet. It also included a high-profile adviser who "most ...

Advisers react to Royal Commission revelations

JAMIE WILLIAMSON, KARREN VERGARA  |  FRIDAY, 27 APR 2018
Financial advisers are struggling to comprehend the level of misconduct revealed by the past fortnight's Royal Commission hearings. Will the non-aligned advice space be strengthened by the findings? Or will the vertically integrated model withstand ...