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Showing 761 - 770 of 1113 results for "Remuneration"

ASIC wants more adviser record-keeping rules

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
... fee arrangement and records to prove the licensee and its representatives have complied with the ban on conflicted remuneration. Under the Stronger Super reforms, ASIC is also considering whether to impose a specific requirement on superannuation trustees ...

Yields above 10% up for grabs in unlisted property

MARK SMITH  |  WEDNESDAY, 31 JUL 2013
... money until they are 65 anyway," he said. In the wake of the global financial crisis, the group has moved it's a remuneration structure to a performance fee basis so that the fund managers' interests are better aligned with those of investors. The property ...

Grandfathering uncertainty already affecting businesses

LAURA MILLAN  |  MONDAY, 22 JUL 2013
... after the Senate approved a 12 month extension for the implementation of some critical elements of the conflicted remuneration obligations, which include the grandfathering provision.

Insurers take "adversarial approach" to claims

LAURA MILLAN  |  FRIDAY, 12 JUL 2013
... around the ownership structure of insurance companies which leads to concern regarding product pushing and conflicted remuneration. "As an industry we haven't done a very good job on showing the positive outcomes of insurance," the Association of Financial ...

Last-minute Stronger Super reprieve averts "ludicrous situation"

JAMES FERNYHOUGH  |  THURSDAY, 4 JUL 2013
... deferred the implementation of section 29QB of the Superannuation Industry (Supervision) Act 1993 and the executive remuneration and systemic transparency requirements until 31 October 2013. The reprieves come after many super funds expressed concern ...

Corporate super advisers see revenue decline under FoFA

LAURA MILLAN  |  THURSDAY, 4 JUL 2013
... same time, provide advice services paid for by the super fund, a combination that is considered to be 'conflicted remuneration' under the FoFA legislation. Super Advice Services is one of the advice practices affected by the legislation and its managing ...

Industry welcomes grandfathering extension

LAURA MILLAN  |  WEDNESDAY, 3 JUL 2013
... industry 12 more months to prepare for the full implementation of some of the critical elements of the conflicted remuneration obligations, including grandfathering. "A draft regulation, changing the impact of grandfathering, was released in March 2013 ...

UK RDR yet to change adviser charging models

ALEX DUNNIN  |  WEDNESDAY, 19 JUN 2013
... Review was launched with much fanfare end last year, but it seems to have had only minor material impact on adviser remuneration methods. A survey of the post-RDR impact released by the Action Consulting Goup (ACG) revealed that 72% of UK advisers are ...

Customised portfolios ease FoFA burden

MARK SMITH  |  TUESDAY, 18 JUN 2013
... portfolios in this manner has increasing relevance in meeting the best interest test and avoiding the conflicted remuneration obligations under FoFA." Select said funds with functions such as tail-risk hedging are not as easily available through wrap ...

Corporate super specialists ask Treasury for FoFA exemption

JAMES FERNYHOUGH  |  FRIDAY, 7 JUN 2013
... corporate super specialists. The CSSA made the request for a no-action letter in an attempt to bypass conflicted remuneration provisions of the Future of Financial Advice (FoFA) reforms, which come into effect on 1 July. Under current provisions, corporate ...