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Showing 6861 - 6870 of 18271 results for "Plan"

House passes professional standards bill

EMMA RAPAPORT  |  WEDNESDAY, 8 FEB 2017
Federal laws which will affect the future of the financial planning industry passed the House of Representatives last night. The Corporations Amendment (Professional Standards of Financial Advisers) Bill, which was first introduced into Parliament in ...

CBA to pay $23 million for poor advice

JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2017
The Commonwealth Bank will pay at least $23 million in compensation to customers found to have received inappropriate and costly financial advice. Promontory Financial Group confirmed it has completed all assessments of Commonwealth Financial Planning ...

Half of Australian households will be retire ready

EMMA RAPAPORT  |  TUESDAY, 7 FEB 2017
About half of Australian households are expected to have enough saved for a comfortable retirement, according to the latest CommBank Retire Ready Index. The report, which bases their comfortable retirement standard on the Association of Superannuation ...

DomaCom gets ASIC tick for bond crowdfunding

ALEX BURKE  |  TUESDAY, 7 FEB 2017
Fractional property investment firm DomaCom was given ASIC approval to extend its crowdfunding model to securities. DomaCom's Australian financial services licence has been varied so the company can now offer fractional investment in corporate bonds ...

Russell appoints senior analyst

EMMA RAPAPORT  |  TUESDAY, 7 FEB 2017
Global asset manager Russell Investments appointed former BT Financial Group senior investment analyst Jane Williams to its global research team. Williams, who spent seven years with BTFG, joined Russell in January as a senior manager research analyst ...

Whitehelm drives Prime Super outperformance

ALEX BURKE  |  MONDAY, 6 FEB 2017
Whitehelm Capital's partnership with Prime Super played a key role in delivering strong outperformance in 2016, the latter said. Whitehelm, which advises on the $3 billion held in Prime Super across 120,000 member accounts, was instrumental in driving ...

Infocus scores exclusive referral to 450 offices nationwide

ALEX BURKE  |  MONDAY, 6 FEB 2017
Infocus Wealth Management planners will deliver financial advice to over 450 offices throughout Australia via an exclusive referral arrangement with a global accounting firm. NYSE-listed H&R Block, which opened its doors in Australia in 1971, employs ...

Ignition Wealth appoints head of advice

ALEX BURKE  |  MONDAY, 6 FEB 2017
Ignition Wealth partnered with an XPLAN specialist to launch a new consultancy division, appointing a head of advice in the process. Rob Corben will take on the role as part of Ignition Wealth's partnership with PlanFocus, of which Corben is a director. ...

Real assets courting insto appetites in 2017

ALEX BURKE  |  FRIDAY, 3 FEB 2017
The majority of large institutional investors will ramp their exposure to real assets in 2017, according to BlackRock research. BlackRock's global survey of 240 large institutional investors - including public and corporate pensions, insurers and foundations ...

ASIC targets NAB super after compliance breakdown

ALEX BURKE  |  THURSDAY, 2 FEB 2017
The trustee of Australia's largest retail super fund, the MLC Super Fund, will appoint an independent expert to review compliance breaches following an ASIC investigation. ASIC initially made enquiries into breach reports lodged by NAB wealth entities ...