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Showing 8621 - 8630 of 28277 results for "NOT"

Update on FASEA code guidance on the way

ELIZABETH MCARTHUR  |  FRIDAY, 29 NOV 2019
... of Ethics but they don't enforce it. So in creating the code they can provide as much guidance as they can but they are not the ones who will ever enforce one standard of the code or hold one financial planner accountable to the code. "Therefore ...

FASEA compliance has silver lining

KANIKA SOOD  |  FRIDAY, 29 NOV 2019
... from the point of view of the business plans," she said. "I hope, most of us have business plan, because it would be ironic not to given our emphasis to the client on the importance of planning or strategy or monitoring or reviewing. Let's practice ...

First green bond ETF listed

ELIZA BAVIN  |  FRIDAY, 29 NOV 2019
... exposure." A fossil fuel screen will be applied to ensure no bond issuer has fossil fuel reserves or infrastructure and are not involved in the mining, extraction or the burning of fossil fuels. The fund will also remove any issuers which are exposed ...

Super fund PDSs to include single cost of product figure

HARRISON WORLEY  |  FRIDAY, 29 NOV 2019
... Australians". However, Loane said the council remained disappointed that its request for a longer timeframe for compliance had not been granted, noting its submission earlier this year "pressed strongly" for more time. "We submitted that this was necessary ...

Planners heed SMSF risk warning

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2019
... increasingly of interest to the tax office. Earlier this year, the ATO wrote to 17,700 SMSF trustees warning them their SMSF did not meet diversification requirements. About 99% of the SMSFs concerned were invested entirely in one asset class - property. ...

Planners can prevent financial abuse

ELIZABETH MCARTHUR  |  FRIDAY, 29 NOV 2019
... important concept. "You are a supporter to the decision maker. You are supporting them to make the right choices. You are not telling them what to do," he said. To successfully provide financial advice to a vulnerable client, Johns said having protocols ...

Don't over-interpret OECD super fee figures

HARRISON WORLEY  |  FRIDAY, 29 NOV 2019
... aficionados to take a closer look at the OECD figures at the centre of an industry-wide debate over whether the system is cheap or not. Dunnin's comments come after the OECD published it's Pension Markets in Focus report at the end of October, which ...

Chief economist update: Lower rates still fail to animate

BENJAMIN ONG  |  FRIDAY, 29 NOV 2019
Uh-oh...we might be getting in trouble now. Not only are Australian households not lifting their spending despite the drop in the official cash rate to a record low 0.75% but it's looking a lot like businesses aren't too. The Australian Bureau ...

How it can all go wrong

KANIKA SOOD  |  THURSDAY, 28 NOV 2019
... inadequate financial advice to his SMSF clients. A year on and with the benefit of hindsight, Cribb says he would definitely not advise clients with less than $200,000 in their SMSFs to use them for property purchases, and would always double-check his ...

Regulators quash remuneration rumours

ELIZABETH MCARTHUR  |  THURSDAY, 28 NOV 2019
The Code of Ethics does not seek to ban particular forms of remuneration nor does it say that any forms of remuneration are specifically a conflict, FASEA chief executive Stephen Glenfield told the FPA Congress. Appearing as part of a regulatory update ...