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Showing 751 - 760 of 10432 results for "advice"

CSLR review will scrutinise effect on businesses

KARREN VERGARA  |  MONDAY, 3 FEB 2025
... review have until February 28. The 2026 financial year CSLR levy estimates have blown out to $77.9 million. The financial advice sector is set to pay $70.11 million - which has blown out of proportion with the sector cap of $20 million. This is largely ...

Jones instigates CSLR review, levy hits $70m

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
... expects to pay relate to these two firms. Of the $77.9 million total estimate, $70.11 million is apportioned to financial advice, $2.8 million to credit provision services, $2.72 million to credit intermediaries, and $2.34 million to the securities dealing. ...

Coast Advice teams up with New York private investment firm

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
Coastal Advice Group has formed a long-term partnership with a New York-based private investment firm that provides growth capital, management resources, and strategic advice. The Australian financial services firm, which has 15 advisers and 2500 clients ...

The regulatory pendulum has swung too far: FSC

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
... (FSC) chief executive Blake Briggs has said the regulatory pendulum for the superannuation, funds management, and financial advice sectors has swung too far over the last decade under successive governments. It's time for policymakers to revisit and ...

Rest calls for advice reforms, extending SG

ELIZA BAVIN  |  FRIDAY, 31 JAN 2025
... implementation, to consider the impact to employers." The fund is also calling for urgent progress on reforms to financial advice and retirement, as well as a review into the introduction of 'Superannuation Carer Credits' for periods of unpaid caring ...

Transfer balance cap to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2025
... financial year," MLC senior technical services manager Chris Chow said. Chow explained the increased TBC creates several advice opportunities for clients who are yet to start a retirement phase pension, have not yet exhausted their cap and wish to transfer ...

Perpetual delivers 'mixed' performance in Q2

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... supported by growth across the majority of products in wealth management, the business delivered growth of 1% in funds under advice driven by favourable market movements." Perpetual said it expects to recognise performance fees in its 2025 half year ...

Financial services minister Stephen Jones to retire from politics

ANDREW MCKEAN  |  THURSDAY, 30 JAN 2025
... assistant treasurer, he pointed to his work on combatting scams, protecting workers' superannuation, making financial advice more accessible and affordable, and strengthening consumer protections. The Association of Superannuation Funds of Australia ...

FOMC holds rates as Chalmers boasts 'our inflation is lower'

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... predictions. "I respect the independence of the Reserve Bank too much to try and make predictions or to give them free advice, or to try and colour in for them the decision that they will make independently and announce towards the middle of February," ...

SMC pushes for DBFO to curb retiree tax bills

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JAN 2025
... account balance would attract $9000 extra in tax. The SMC believes this is largely the result of a lack of basic financial advice and is another reason the government must act to implement the Delivering Better Financial Outcomes (DBFO) reforms. "Not ...