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| | | ... Bill Shorten, announced the draft reforms, now open for public consultation. The two-year renewal opt-in for financial advisers has been given the green light, despite industry opposition that it will be too expensive for advisers to complete. Shorten ... |
| | | | ... now include risk insurance outside of superannuation. The ban, scheduled to go live on July 1, 2012, means financial advisers cannot accept benefits such as free overseas trips, expensive wines or free business equipment and services worth more than ... |
| | | | ... commissions will be disclosed for all new and renewed policies while claw-back provisions will be introduced to prevent advisers hunting for the highest claw-back arrangements with life insurance companies. "This will enable customers to see the impact ... |
| | | | The government will release a public consultation paper on defining the term 'financial planner' by law, obliging advisers to prove their credentials before offering services to clients. The Treasury has drawn praise from industry bodies for announcing ... |
| | | | ... professional services firm Countplus in December which raised $37.15 million in windfall gains. Count Financial, which has 800 advisers, 340 franchises and just over $10 billion in funds under management, said when earnings were normalised to remove ... |
| | | | Macquarie's financial planning software division COIN today released a new package that helps financial advisers see which clients are earning them the most money, the firm said. The new tool can also enable financial practice managers to see which ... |
| | | | ... chickens before they hatch," said Kelaher. "But... it's a good transaction and it makes sense." IOOF now has 650 aligned advisers but with the merger of DKN will add a further 300 to the fold. Kelaher said the firm was building its distribution network ... |
| | | | ... Australian arm to more than $1.2 billion. Financial advisory firm Intervest Holdings has taken its team of six financial advisers to iPac South Australia, increasing staff numbers there to 54 including 24 advisers and an actuarial division. Shane Case ... |
| | | | ... rounded out at 105 at the close of entries, a great result for the awards inaugural year. The Association of Financial Advisers (AFA) launched the award to encourage women to take on leadership roles in financial advice, balance the gender equation across ... |
| | | | ... advice more efficiently," he said. Kolbusz said a small super fund may not be able to justify the cost of hiring financial advisers to give scaled advice. "But the administrator can hire an advice team to help all its underlying funds," he said. In-One ... |
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