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

Search Results

Showing 741 - 750 of 1113 results for "Remuneration"

Bowen's FoFA fears "complete rubbish": AFA

LAURA MILLAN  |  WEDNESDAY, 12 FEB 2014
... extraordinary and unseemly scramble?" he said. Anderson argued that exempting general advisers from the ban on conflicted remuneration "is not something that's important to financial advisers because if you have a broad APL you can't have a discussion ...

FPA slams detractors of best interest amendment

LAURA MILLAN  |  WEDNESDAY, 12 FEB 2014
... Financial Advice in Super Symposium in Melbourne last week that while amendments softening the ban on conflicted remuneration do not mention commissions explicitly, the wording is not clear enough to rule out their return. The FPA chief executive said ...

FoFA amendments could bring back commissions: FPA

JAMES FERNYHOUGH  |  FRIDAY, 7 FEB 2014
... Symposium in Melbourne today, Rantall singled out the part of the proposed legislation that soften the ban on conflicted remuneration. While the amendments do not mention commissions explicitly, Rantall said the wording was not clear enough to rule out ...

Sinodinos defends "speedy" FoFA legislation

ALICE URIBE  |  FRIDAY, 31 JAN 2014
... requirements, amending the best interest duty to allow for scaled advice, exempting general advice from conflicted remuneration; and amending grandfathering to allow for adviser movements. Sinodinos said that the plans to wind back some of the former ...

FoFA reforms put professional standards at risk: Ripoll

LAURA MILLAN  |  THURSDAY, 30 JAN 2014
... requirements, amending the best interest duty to allow for scaled advice, exempting general advice from conflicted remuneration; and amending grandfathering to allow for adviser movements. Ripoll said that the opposition would be "looking closely" at ...

Government releases FoFA draft legislation

ALICE URIBE  |  WEDNESDAY, 29 JAN 2014
... requirements, amending the best interest duty to allow for scaled advice, exempting general advice from conflicted remuneration; and amending grandfathering to allow for adviser movements. According to a media release the government will now move to ...

Tarrant appeals AAT banning order

LAURA MILLAN  |  FRIDAY, 24 JAN 2014
... in the Astarra Strategic Fund. The tribunal also found that Tarrant had made false or misleading statements about remuneration or benefits in statements of advice to clients, he engaged in misleading or deceptive conduct by making various representations ...

Government releases FoFA amendments

LAURA MILLAN  |  FRIDAY, 20 DEC 2013
... advice is still appropriate for the client," Sinodinos said. The amendments will also limit the ban on conflicted remuneration only to personal financial advice. "Applying the ban on conflicted remuneration to general advice risks limiting the availability ...

Former Goldman Sachs exec to head REST in-house equities team

JAMES FERNYHOUGH  |  WEDNESDAY, 27 NOV 2013
... driver," he said. Despite the perception that industry funds cannot offer investment professionals the same level of remuneration as for-profit investment houses, Hill insisted that REST's rates were competitive with "a wide market use." "Our view is ...

Sinodinos hints at relaxing conflicted remuneration rules

MARK SMITH  |  THURSDAY, 14 NOV 2013
Assistant Treasurer Arthur Sinodinos has suggested that some forms of remuneration currently regarded as conflicted may be allowed under the government's amendments to the Future of Financial Advice (FoFA) reforms. In a pre-recorded interview with Association ...