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Showing 6611 - 6620 of 10559 results for "BEI"

ASIC admits Commonwealth FP investigation was "not adequate"

LAURA MILLAN  |  MONDAY, 5 AUG 2013
Communication with the whistleblowers who revealed poor practices within the Commonwealth Bank Financial Planning (CFP) unit was inadequate the Australian Securities and Investments Commission (ASIC) has admitted. ASIC recently submitted a 18-page document ...

NTAA keen to establish referral relations with advisers

LAURA MILLAN  |  MONDAY, 5 AUG 2013
The National Tax Accountants Association (NTAA) said that the majority of its members want to continue to provide advice to self-managed superannuation funds (SMSF), and added that they are keen on establishing referral relations with financial planners. ...

Election too close to call

MARK SMITH  |  MONDAY, 5 AUG 2013
With Treasurer Chris Bowen's campaign influencing declaration that a re-elected Labor government wouldn't make any significant changes to policy affecting the nation's superannuation savings still being digested by conference delegates, the Financial ...

Advisers warned to check pension start dates after new ruling

MARK SMITH  |  MONDAY, 5 AUG 2013
Advisers have been warned to pay closer attention to pension start dates following a tax office ruling explaining when a superannuation income stream commences and when it ceases, and consequently when a superannuation income stream is payable and taxable. ...

Market Wrap PM

AAP  |  FRIDAY, 2 AUG 2013
The Australian share market has rallied on the back of positive manufacturing data from the United States, undeterred by a weaker economic outlook from the federal government. The Australian share market was 0.7 per cent higher in early afternoon trade ...

Most planners are aligned, consumers think otherwise

LAURA MILLAN  |  FRIDAY, 2 AUG 2013
In an environment of increasing industry concentration, most financial advisers belong to an aligned dealer group, but their clients seem to think otherwise. About 28% of financial advisers belong to an independent dealer group and their funds under ...

Perpetual not concerned about ACCC initial report

LAURA MILLAN  |  FRIDAY, 2 AUG 2013
Perpetual is not concerned about the Australian Competition and Consumer Commission (ACCC) preliminary views, which suggested that Perpetual's takeover bid for The Trust Company could harm market competition. "This is a natural step of the process," ...

Sunsuper CEO steps down

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
Sunsuper chief executive has stepped down from his position after six years of service and following discussions over a period of time with the Queensland-based super fund. Tony Lally will now pursue a career as non-executive director and Bruce Wilson ...

Advice firms start to launch in post-FoFA regime

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
The financial services industry is starting to see the first advice firms launching after the start of the Future of Financial Advice (FoFA) regulation and while the process is more rigorous now, newcomers have the advantage of being fully-compliant ...

Cormann commits to change in face of Labor moratorium

MARK SMITH  |  THURSDAY, 1 AUG 2013
Shadow minister for financial services and superannuation Matthias Cormann has echoed Treasurer Chris Bowen's calls for super certainty but refused to back a five-year moratorium on changes to the system. Bowen laid down a challenge to the Coalition ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI  |   12:01PM
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI  |   11:30AM
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI  |   12:13PM
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI  |   11:50AM
Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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