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Showing 6221 - 6230 of 10706 results for "May 2012"

GenYs shy away from independent, professional advice

LAURA MILLAN  |  MONDAY, 24 FEB 2014
Young Australians rely mostly on family, friends and banks for financial advice, while accountants and financial advisers are out of favour, RaboDirect research has found. The 2013 RaboDirect National Savings & Debt Barometer (NSDB) found that 36% of ...

General advice exemption "irrelevant" to advisers: AFA

LAURA MILLAN  |  FRIDAY, 21 FEB 2014
The Association of Financial Advisers (AFA) has judged the general advice exemption to conflicted remuneration "irrelevant" in its submission to Treasury about the proposed amendments to the Future of Financial Advice (FoFA). "The AFA does not believe ...

Crowdfunding investment platform launched

HARRY PAGE  |  FRIDAY, 21 FEB 2014
Crowdfunding has taken another step into the mainstream with the launch of a specialist platform solely focused on crowdfunding investment finance. The platform, VentureCrowd, was developed by early stage venture capital firm Artesian Venture Partners ...

Traffic light trade

BENJAMIN ONG  |  FRIDAY, 21 FEB 2014
It's that time of the month again folks, that time when Market Economics conducts financial market traffic... and over the past 24 hours we got all three lights - red, amber and blue flashing. Red. The colour flashing for most Asian equity markets after ...

SMSF industry welcomes more flexible penalties

ALICE URIBE  |  THURSDAY, 20 FEB 2014
The government's re-introduction of measures that allow for more flexible penalties for trustees who breach rules has received general support from the self-managed superannuation fund (SMSF) industry. Speaking at the 10th SPAA SMSF National Conference ...

Sinodinos rules out LRBA review for SMSFs

ALICE URIBE  |  WEDNESDAY, 19 FEB 2014
Assistant Treasurer Arthur Sinodinos has ruled out a full review into limited recourse borrowing arrangements (LRBAs), but emphasised that licensing is necessary. Speaking at the 2014 SPAA SMSF National Conference in Brisbane today, Sinodinos said that ...

Ausbil appoints external auditor to investigate fund fees

LAURA MILLAN  |  WEDNESDAY, 19 FEB 2014
Ausbil Dexia has sought the assistance of an external auditor to investigate technical problems around the fee structure of its Emerging Leaders Fund. Ausbil director of distribution Adam Lancaster confirmed to Financial Standard that the company has ...

Consumers safe under FoFA changes: former judge

MARK SMITH  |  WEDNESDAY, 19 FEB 2014
The best interests of consumers are not under threat from the Government's proposed changes to the Future of Financial Advice Reforms (FoFA), according to SMSF Professionals' Association of Australia (SPAA) patron Sir Anthony Mason. In his opening address ...

Action!

BENJAMIN ONG  |  WEDNESDAY, 19 FEB 2014
So there we have it folks, the Bank of Japan (BOJ) has responded. The financial presses and commentariats may be calling the Japanese central bank's decision to expand its lending facilities a surprise but we know better, do we not? The BOJ must have ...

FSC acclaims free trade agreement with Korea

MARK SMITH  |  TUESDAY, 18 FEB 2014
The Korea Australia Free Trade Agreement (KAFTA) will provide significant opportunities for the export of financial services, according to the Financial Services Council (FSC). The industry body was responding to details of the agreement released this ...