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Showing 8081 - 8090 of 18273 results for "Plan"

Mandatory qualifications will lead to adviser exodus

ALEX BURKE  |  WEDNESDAY, 27 MAY 2015
Enforcing minimum qualifications for financial advisers will lead to many leaving the industry, according to Connect Financial Services Brokers chief executive Paul Tynan. Speaking to Financial Standard, Tynan pointed to the results of introducing minimum ...

India multi asset fund to list on ASX

LAURA MILLAN  |  WEDNESDAY, 27 MAY 2015
India Fund Limited has launched an initial public offering (IPO) with plans to list on the ASX as a listed investment company (LIC). The fund is looking to raise up to $100 million with a minimum subscription of $35 million and has Morgans as its lead ...

TASA breach costs business $900,000

LAURA MILLAN  |  WEDNESDAY, 27 MAY 2015
A tax and accounting business has been fined a record $900,000 penalty for breaches of the Tax Agent Services Act 2009 (TASA) that all financial advisers need to comply with. The Federal Court of Australia ruled against Peter Kolya and his Canberra-based ...

Groups call for default super fund decoupling

DARREN SNYDER  |  TUESDAY, 26 MAY 2015
Corporate super representative group CSSA is calling on the industry funds movement to apply its standards of financial planning in the superannuation sector. Recently the Royal Commission into Trade Union Governance and Corruption announced it was ...

InvestSense launches asset allocation guide

MARK SMITH  |  TUESDAY, 26 MAY 2015
A new investment guide aimed at giving advisers insight into expected levels of risk and return within different assets classes has been launched by portfolio construction and consulting firm, InvestSense. InvestSense, which was spun out from ailing ...

Advisers and mortgage brokers joining forces

ALEX BURKE  |  TUESDAY, 26 MAY 2015
Increasing numbers of adviser practices are seeking partnerships and joint ventures with mortgage brokers rather than referral arrangements. Centrepoint Lending Solutions general manager Kevin Frost noticed this trend after advisers started looking ...

Advice firm ditches platform, adopts MDA

STAFF WRITER  |  TUESDAY, 26 MAY 2015
A Synchron financial planning practice has stopped using wrap platforms and has partnered with a managed discretionary account provider for its investment transactions. MEDIQ Financial Services will transition the majority of its clients to the managedaccounts.com.au ...

UBS hands wealth management business to senior staff

MARK SMITH  |  TUESDAY, 26 MAY 2015
UBS will pull out of wealth management in Australia and is selling off the business to existing advisers. Former head of UBS Wealth Management Mike Chisholm, together with a group of senior advisers, has established Crestone Wealth Management with Chisholm ...

Market to open lower

AAP  |  TUESDAY, 26 MAY 2015
... HONG KONG - Asian markets have advanced, with Tokyo boosted by a weaker yen after the US Federal Reserve chief stuck to her plan to raise interest rates by year-end. The euro suffered further losses as Greece warned it did not have enough money to service ...

Expert issues cyber-attack warning

MARK SMITH  |  MONDAY, 25 MAY 2015
The incoming New Payments Platform will leave financial institutions, including super funds and wealth managers, vulnerable to cyber criminals unless they upgrade their security, a fraud and cyber-crime expert has warned. Similar to the UK's Faster ...