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Showing 751 - 760 of 1947 results for "Proposal"

Industry wants one-stop-shop professional body: Poll

KARREN VERGARA  |  MONDAY, 7 MAY 2018
The financial services industry is voting in favour of one overarching professional body to oversee standards and codes of conduct, Financial Standard' latest spot poll shows. We asked readers to respond to the statement: Does the financial services ...

Retirement spending declines faster than believed: Research

KANIKA SOOD  |  TUESDAY, 1 MAY 2018
... SG to 12% saying it would have a negative impact on wages. In response, ASFA has again condemned Grattan Institute's proposal, saying Grattan's "ideological hostility towards superannuation" clouded its judgement on retirement income policy. "This is ...

Government to increase SMSF member limit

KARREN VERGARA  |  MONDAY, 30 APR 2018
... Government announced it will expand the maximum number of self-managed superannuation fund members from four to six - a proposal welcomed by the SMSF Association. Revenue and Financial Services Minister Kelly O'Dwyer said the change will allow for greater ...

Sixty per cent of FPA members hold degree

HARRISON WORLEY  |  MONDAY, 30 APR 2018
Responses to a Financial Planning Association of Australia questionnaire indicate the education levels of its members compare favourably to the planning industry overall. After 3200 members responded in the fortnight since the FPA issued its questionnaire ...

US regulator to extend fiduciary rule

JAMIE WILLIAMSON  |  FRIDAY, 20 APR 2018
The financial services regulator in the United States is broadening the scope of the proposed fiduciary duty to combat conflicted investment advice and mitigate confusion around the differing standards to which different industry professionals are held. ...

Powerwrap gears up for IPO

JAMIE WILLIAMSON  |  FRIDAY, 20 APR 2018
Powerwrap has confirmed it recently completed a pre-IPO capital raise to the tune of $7.5 million. Speaking to Financial Standard, Powerwrap chief executive Will Davidson said the platform sought the backing of existing institutional investors to raise ...

Why wait for Royal Commission to address trust?

HARRISON WORLEY  |  WEDNESDAY, 18 APR 2018
... industry, with the Financial Planning Association of Australia stating that their members were outraged at the FASEA proposal. FPA chair Neil Kendall last week voiced his displeasure over the proposal, stating that the learning culture built by the FPA ...

SMSFs investing restrictions unfair: Poll

KARREN VERGARA  |  MONDAY, 16 APR 2018
... advisers said they were grappling with the regulatory changes to LRBAs. According to BT technical consultant Tim Howard, the proposal to combine outstanding LRBA debt to calculate clients' total super balances was a key concern for many advisers. The ...

UK fund managers must improve fairness

DARREN SNYDER  |  FRIDAY, 13 APR 2018
The UK's financial services conduct regulator has released new rules for fund managers as part of its ongoing study into the asset management market. The latest Financial Conduct Authority (FCA) report states that fund managers, as the agents of investors ...

FPA to fight latest FASEA proposals

JAMIE WILLIAMSON  |  THURSDAY, 12 APR 2018
... the Advanced Diploma, and five Masters level subjects in the CFP program is treated as unqualified in the latest FASEA proposal, but an existing planner with a law degree only has to complete a non-technical bridging course to meet the standard," Kendall ...