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Showing 7331 - 7340 of 10707 results for "May 2012"

Industry hits out at Best Interest

CLAIRE MCGREAL  |  FRIDAY, 25 NOV 2011
The Financial Services Council has slammed the government's Best Interest Duty proposal as being "unworkable", warning that in its current form, would give rise to "significant unintended consequences". The contentious proposal, which was tabled in ...

Private sectors eyes NSW infrastructure deal

ELISE BURGESS  |  FRIDAY, 25 NOV 2011
News of the NSW Government's plans to privatise the state's power generators follows on predictions that cash-strapped governments around the world may soon begin selling off infrastructure assets to the private sector. NSW Premier Barry O'Farrell announced ...

ASIC imposes permanent ban on fin services provider

ELISE BURGESS  |  WEDNESDAY, 23 NOV 2011
George Stephen Hawa, previously found guilty of serious fraud and sentenced to serve time in prison, has also been permanently banned from providing financial services by ASIC. On April 4 this year, Hawa was convicted of four counts of obtaining money ...

Volcker Rule dramatics continue

ALEX DUNNIN  |  WEDNESDAY, 23 NOV 2011
The Volcker rule intended to be help protect banks from future failure is being torn between critics who think it will gut the US corporate bond market and Congressmen who think it still contains too many loopholes. Meanwhile, former US Treasury Secretary ...

FPA award winners embrace FOFA

ELISE BURGESS  |  MONDAY, 21 NOV 2011
The FPA Best Practice award winners are also those leading way in FOFA-compliant practices, with the association awarding those at the forefront of their industry. Speaking with Financial Standard after their win, Pippa Elliot, CFP, of WA planning firm ...

Prettiest of them all

BENJAMIN ONG  |  MONDAY, 21 NOV 2011
"Mirror, mirror on the wall, who is the most beautiful of all?" The year 2011 is almost done and by the looks of it, it's turning out to be an annus horribilis for growth assets - equities and commodities - but a good year for defensive investments ...

FPA welcomes standards

ELISE BURGESS  |  FRIDAY, 18 NOV 2011
A strong message of member support for education standards and professionalism along with encouragement to withstand the current industry turmoil was central at the opening session of the annual Financial Planning Association conference in Brisbane. ...

FOFA will pass: Shorten, FPA

ELISE BURGESS  |  FRIDAY, 18 NOV 2011
Minister for Financial Services and Superannuation Bill Shorten and the FPA agree that the FOFA reforms will pass through parliament, with the Minister urging planners to embrace change as a necessary survival tool for the betterment of the industry. ...

Instos embrace low volatility equity portfolios

ELISE BURGESS  |  THURSDAY, 17 NOV 2011
Low-volatility equity portfolios may be the answer to some institutional investor prayers, according to AllianceBernstein's head of quantitative research, with strength in downside protection balanced with trending upward markets. Kent Hargis, AllianceBernstein's ...

Investors at risk of disengaging from advice

RACHEL DAVIS  |  THURSDAY, 17 NOV 2011
A new survey has found that some investors who currently have a financial adviser are increasingly disengaged with the value of financial advice, with younger investors among the most dissatisifed. The Lifeplan ICFS Financial Advice Satisfaction survey ...