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Showing 8361 - 8370 of 18276 results for "Plan"

Baby boomers should be wary of generic advice

ALEX BURKE  |  TUESDAY, 3 FEB 2015
The average baby boomer's financial plan is too generic and risky due to overexposure to growth assets, a Centre for International Finance and Regulation (CIFR) study has found. The CIFR study examined common Australian financial advice methods to determine ...

CBA is top banking brand for 2014

ALEX BURKE  |  MONDAY, 2 FEB 2015
The Commonwealth Bank of Australia (CBA) is the country's highest-value banking brand for 2014, according to the Brand Finance Banking 500 study. Despite a year of controversy surrounding its financial planning division, the bank has retaken the number ...

Financial services companies owe consumers $15m compensation

LAURA MILLAN  |  MONDAY, 2 FEB 2015
Financial services providers owe consumers about $15 million in unpaid compensation, according to the Financial Ombudsman Service (FOS). The latest edition of The FOS Circular reveals that since January 1, 2010, a total of 26 financial services companies ...

401(k) plans to reach $6trn by 2018

STAFF WRITER  |  MONDAY, 2 FEB 2015
... and private US retirement markets, including DB, DC, and IRA. The report is the twelfth report in an annual series. "The DC plan is emerging as the primary retirement savings vehicle for individuals. Contributions are anticipated to grow steadily and ...

Work harder to fight negative press: AFA

ALEX BURKE  |  FRIDAY, 30 JAN 2015
Advisers and associations need to do more to fight negative stereotypes about financial planning, argued Association of Financial Advisers (AFA) chief executive Brad Fox at a recent Value Alliance event in Sydney. As an example, he noted that Houghton ...

Industry insurance report to focus on advice remuneration model

LAURA MILLAN  |  FRIDAY, 30 JAN 2015
The final report by the Financial Services Council (FSC) and the Association of Financial Advisers (AFA) life insurance working group will largely focus on risk advisers' remuneration structures. The report is expected to be completed before March 31 ...

Boutique corporate super realigns following MySuper

ALEX DUNNIN  |  THURSDAY, 29 JAN 2015
MySuper may be triggering a readjustment in the corporate platform market as fund groups that have elected not to pursue MySuper authorisation shift their focus away from corporate default products toward select and personal products. The findings are ...

Centuria partners with Mason Stevens to deliver credit bond

ALEX BURKE  |  THURSDAY, 29 JAN 2015
Centuria Life has partnered with Mason Stevens to add a bespoke credit bond to its Tax Astute product suite. The underlying asset in the credit bond is the Mason Stevens Credit Fund, which is an actively-managed fixed income fund comprised of government ...

Separate risk advisers from other planners: Synchron

LAURA MILLAN  |  THURSDAY, 29 JAN 2015
A life insurance policy has more in common with car insurance policies than with an investment portfolio and therefore risk advisers should be kept separate from other financial planners, Synchron director Don Trapnell argued. "For some reason, risk ...

Gen Y saving habits reveal advice opportunity

MARK SMITH  |  WEDNESDAY, 28 JAN 2015
... talk to others for financial advice. My only warning would be that relying on friends and family isn't always the smartest plan. Just as you'd likely trust the diagnosis given by a trained doctor over one from your friend, a trusted financial professional ...