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Showing 6221 - 6230 of 9822 results for "Advisers"

Cormann tables adviser register to "weed out bad apples"

LAURA MILLAN  |  THURSDAY, 17 JUL 2014
A public register of financial advisers will help "weed out bad apples," the Financial Planning Association (FPA) said after the government announced the creation of a working group to consult with stakeholders. Finance Minister Mathias Cormann said ...

ASIC concerned about SMSFs, warns spruikers

LAURA MILLAN  |  THURSDAY, 17 JUL 2014
... conference. Tanzer argued that "with the increased popularity of SMSFs and property investment, real estate agents and property advisers may not realise that they may be carrying on a business of providing financial product advice and may need an AFS ...

Government succeeds in securing final FoFA changes

LAURA MILLAN  |  WEDNESDAY, 16 JUL 2014
... The final changes include the removal of the opt-in requirement, which asked clients to re-sign their contracts with advisers on a regular basis. The "catch-all" phrase or section 961(2)(g) of the best interests' duty that asked advisers to provide "appropriate" ...

SMSFs get off lightly in FSI interim report

JAMES FERNYHOUGH  |  WEDNESDAY, 16 JUL 2014
... purposes by the Australian Taxation Office (ATO). The report made no mention of making any changes to this. However, SMSF advisers and accountants are regulated by ASIC. ASIC commissioner Greg Tanzer today gave a speech on the regulation of SMSF service ...

Deal with government brings in consumer protection: Palmer

LAURA MILLAN  |  TUESDAY, 15 JUL 2014
... what he called "a range of new consumer protection measures" via regulation. The measures include a requirement that advisers act in the client's best interests and prioritise their clients' interests ahead of their own. The measures also lined out that ...

FoFA disallowance vote will save "millions"

ALICE URIBE  |  TUESDAY, 15 JUL 2014
... conflicted remuneration be removed. This is a great result for planners and consumers." The Association of Financial Advisers (AFA) agreed and said that the amendments would increase consumer protections. "The prospect of having the FoFA Amendments regulations ...

Confidence key to financial future: Murray

COLIN BRINSDEN, AAP ECONOMICS CORRESPONDENT  |  TUESDAY, 15 JUL 2014
... 1997 may result in lower superannuation fund fees and slow the erosion of retirement nest eggs. At a time when financial advisers and the Commonwealth Bank are under a cloud, the head of the financial system inquiry says confidence has been central to ...

FSI zeroes in on vertical advice and retirement income

LAURA MILLAN, JAMES FERNYHOUGH  |  TUESDAY, 15 JUL 2014
... has asked stakeholders to consider different policy options, including raising the minimum education requirements for advisers, introducing a public register of advisers and renaming general advice as 'sales' and mandating that the term 'advice' can ...

Planners in urgent need of better tech: research

LAURA MILLAN  |  TUESDAY, 15 JUL 2014
Financial advisers believe there is still room for technological improvements that would assist them in running their business more efficiently, an Investment Trends report found. Planners could benefit from better technology across the board, from ...

GPS Wealth approves DomaCom fractional property fund

STAFF WRITER  |  TUESDAY, 15 JUL 2014
... group GPS Wealth (GPS) has approved the DomaCom fractional property fund. This latest approval means that nearly 400 advisers now have the DomaCom fund on their approved product list (APL). Commenting on the approval, GPS Wealth chief executive Greg ...