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Showing 8421 - 8430 of 18276 results for "Plan"

Labor asks for bipartisan consensus on FSI super issues

LAURA MILLAN  |  MONDAY, 8 DEC 2014
Shadow Treasurer Chris Bowen asked the government to work with the opposition to reach "bipartisan consensus on the objectives of the superannuation system," following the release of the Financial System Inquiry (FSI) final report. Bowen said that Labor ...

Rename general advice, disclose ownership: FSI

LAURA MILLAN  |  SUNDAY, 7 DEC 2014
The name 'general advice' is misleading consumers and should be replaced with a term that helps reduce misinterpretation, the Financial System Inquiry (FSI) recommended. "The use of the word 'advice' may cause consumers to believe the information is ...

ATO cold calling to test SMSF trustees

LAURA MILLAN  |  FRIDAY, 5 DEC 2014
The Australian Taxation Office is calling self-managed super fund (SMSF) trustees to test their fund knowledge and restricting their ability to operate the fund if they fail. Legal document provider Topdocs said in a technical article that "examples ...

New FoFA likely to increase advice costs

LAURA MILLAN  |  FRIDAY, 5 DEC 2014
The latest changes to the Future of Financial Advice (FoFA) legislation have brought back the opt-in requirement, which will force planners to spend more time on paperwork and raise their fees charged to clients as a consequence. A survey by consultancy ...

FPA appoints WA chapter chair

MARK SMITH  |  FRIDAY, 5 DEC 2014
The Financial Planning Association of Australia (FPA) has appointed a new chair of its Western Australian chapter. Certified financial planner David Sharpe, of Globe Financial Planning, takes over from Randall Stout. He will support the FPA in ensuring ...

Follow our coverage of the FSI final report on Sunday

ALICE URIBE  |  FRIDAY, 5 DEC 2014
Financial Standard will be providing comprehensive coverage of the Financial System Inquiry's final report after its release on Sunday. The report, which is likely to shape industry and regulatory policy for the financial planning, superannuation and ...

Insurance inflows up 12.9% in a year

LAURA MILLAN  |  THURSDAY, 4 DEC 2014
... market inflows were up 12.9% for the twelve months to September 2014, with most companies reporting increases in business. Plan for Life figures for the September 2014 quarter show that total inflows went from $12.4 billion last year to $14 billion this ...

CPlan partners with Decimal Software

JAMES FERNYHOUGH  |  THURSDAY, 4 DEC 2014
CLEAR Planning Solutions (CPlan) has selected Decimal Software Limited to provide the technology for its outsourced paraplanning and support solutions. CPlan will also provide data migration services for Decimal customers requiring support in transitioning ...

NAB launches Australia's first certified climate bond

ALICE URIBE  |  THURSDAY, 4 DEC 2014
National Australia Bank plans to raise at least $150 million for renewable energy facilities with the launch of a so-called 'green bond.' The NAB Climate Bond is also the first bank-issued bond to be certified in compliance with international Climate ...

Medcraft furious over "absolutely appalling" advice

LAURA MILLAN  |  THURSDAY, 4 DEC 2014
Australian Securities and Investments Commission (ASIC) chairman Greg Medcraft said that despite the regulators' efforts, he still had no confidence in the financial advice industry. Speaking at the National Press Club yesterday, Medcraft said the regulator's ...