Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 681 - 690 of 1736 results for "Minimum"

Minimum SMSF balance misleading: SuperConcepts

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
The Productivity Commission's proposed minimum balance for self-managed superannuation funds (SMSFs) is "way off", according to SuperConcepts. Despite it being half the balance the commission recommended in its interim report, SuperConcepts believes ...

California mandates gender board diversity

KARREN VERGARA  |  FRIDAY, 11 JAN 2019
... board of directors by year end or pay significant penalties. By 2021, companies with six or more directors must have a minimum of three females. MSCI executive director and head of ESG Impact and screening research Meggin Thwing Eastman says the move ...

Specialist SMSF advisers need only apply

JAMIE WILLIAMSON  |  THURSDAY, 10 JAN 2019
... receive and benchmark its quality, the commission said. Further to this, the Productivity Commission has determined that a minimum balance requirement is too blunt an instrument. This is in contrast to a suggestion in the commission's interim report ...

Praemium renews Asgard contract

DARREN SNYDER  |  WEDNESDAY, 19 DEC 2018
... expire in November 2019, however both businesses have agreed to extend the relationship for up to another six years, with a minimum three-year period. In an ASX statement Praemium said the contract retains a minimum value of $3 million per year. Other ...

Adviser exam draft legislation released

JAMIE WILLIAMSON  |  MONDAY, 17 DEC 2018
... FASEA has determined the exam will be a 3.5 hour supervised test comprising at least 64 multiple choice questions and minimum six written responses. It will be open book for all statutory components. The exam will cover the regulatory and legal obligations ...

Royal Commission sparks risk book sell-off

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
... Results said. Unfortunately for the smaller players, tighter lending has seen a number of Australia's banks increase the minimum loan amount for such acquisitions to $1 million. Radar Results, which specialises in mergers and acquisitions of financial ...

FASEA to assess professional advice designations

JAMIE WILLIAMSON  |  THURSDAY, 13 DEC 2018
... resources or knowledge to appropriately approve CPD for their advisers," Maroney said. The association has also called for the minimum CPD requirements for technical competence match that of professionalism and ethics. Under the draft legislation, a ...

$300k makes advice worthwhile: Research

KARREN VERGARA  |  MONDAY, 10 DEC 2018
Roy Morgan research suggests having a minimum of $300,000 triggers the need for financial advice. The survey of more than 50,000 consumers in the year to October reinforces that financial advisers tend to target clients at the top end of the income ...

ASIC funding numbers released

HARRISON WORLEY  |  THURSDAY, 6 DEC 2018
... more than $28 million on the financial advice sector as a result of its new cost-recovery funding. In addition to the minimum levy of $1500, licensees providing personal advice to retail clients on relevant financial products contributed $934 per adviser ...

FASEA exam is not fair: Spot poll

KARREN VERGARA  |  MONDAY, 3 DEC 2018
... legislation, proposing that an existing adviser has a graduate diploma of eight subjects as a maximum requirement. The minimum requirement - those with a FASEA-approved bachelor or master degree - would undertake a bridging course on the FASEA Code of ...