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Showing 7811 - 7820 of 18273 results for "Plan"

ANZ restructures advice licensees

LAURA MILLAN  |  FRIDAY, 4 SEP 2015
ANZ will bring together the management teams of two of its financial planning licensees and as a result Millennium3 chief executive Richard Klipin will step down from his role. ANZ will consolidate the management teams of Millennium3 and Financial Services ...

Failure to monitor ESG may breach fiduciary duty

LAURA MILLAN  |  FRIDAY, 4 SEP 2015
... duty." The case started because the claimants thought the trustees of the Edison International defined contribution pension plan "acted imprudently by offering six higher priced retail-class mutual funds as plan investments when materially identical ...

FEATURE: Managed accounts - more than meets the eye

ALEX BURKE  |  FRIDAY, 4 SEP 2015
... targets Generation Y investors exclusively and uses SMAs for over 70% of its client-base. "Our clients really like that savings plan-type approach," she explains, "where you're making monthly incremental investments rather than requiring large lump sums ...

Super Mario returns fire

BENJAMIN ONG  |  FRIDAY, 4 SEP 2015
Shots fired! Shots fired! Yes Virginia, Super Mario returned overnight and shot down the euro, putting smiles on the faces of holders of Eurozone stocks - Stoxx 600 up 2.4% -- and bonds - 10-year yields fell across the region. The euro dropped to as ...

HUB24 appoints former FSC director

ALEX BURKE  |  THURSDAY, 3 SEP 2015
HUB24 has appointed a new non-executive director who was a director of the Investment and Financial Services Association (IFSA), now known as the Financial Services Council (FSC). Tony McDonald joins the HUB24 board having held previous roles at SFG ...

EQT appoints estate planning specialist

ALEX BURKE  |  THURSDAY, 3 SEP 2015
Equity Trustees has appointed an estate planning solicitor to its Sydney offices. Terry Matthews joins EQT from Makinson d'Apice Lawyers. He is a former manager of estate planning for New South Wales at National Australia Trustees, and has also worked ...

Adviser linked to Spring FG banned for document forgery

LAURA MILLAN  |  THURSDAY, 3 SEP 2015
A financial adviser has been permanently banned from the industry for falsifying Westpac finance letters to get more commissions. He was an employee of Murphy Dawson Partners, which was an authorised representative of Spring Financial Group between ...

Retirement income is not one-size-fits-all

DARREN SNYDER  |  THURSDAY, 3 SEP 2015
... curve on those things because you don't know where the public policy is going to land," Rowe said. "We've certainly got a plan to get into that space as soon as we possibly can but we just need some clarity on some of the tax issues that are currently ...

FSC, FPA support ASIC user-pay model

ALEX BURKE  |  WEDNESDAY, 2 SEP 2015
Both the Financial Services Council and Financial Planning Association of Australia have voiced their support for an industry funding model for ASIC. On August 28, Assistant Treasurer Josh Frydenberg welcomed industry consultation on the proposal while ...

Australian Unity acquires four practices

ALEX BURKE  |  WEDNESDAY, 2 SEP 2015
Australian Unity Personal Financial Services has acquired four new advice practices. This brings the total number of financial planning practices under the Australian Unity licence to 101, and the total number of advisers to 183. Although the four new ...