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Showing 8641 - 8650 of 18276 results for "Plan"

Advisers must attend ethics classes, say ISA and AIST

JAMES FERNYHOUGH  |  WEDNESDAY, 10 SEP 2014
Financial advisers should be forced to undergo mandatory ethics classes as part of a comprehensive overhaul of the professional standards of the industry, the not-for-profit superannuation industry has argued. In a joint submission to the Parliamentary ...

PROFILE: Folkestone MD Greg Paramor

MARK SMITH  |  WEDNESDAY, 10 SEP 2014
Folkestone MD Greg Paramor Commercial real estate stalwart Greg Paramor has an unbroken track record of business success. In his latest role as managing director of Folkestone, history is repeating itself. The veteran property investor has founded a ...

Instos offer advice at a loss to drive product sales: EY

LAURA MILLAN  |  TUESDAY, 9 SEP 2014
Large financial institutions have undervalued advice for decades by offering it at a loss to lead clients into product sales, Ernst & Young (EY) have said in their submission to the Financial System Inquiry (FSI). EY argued that decades old industry ...

Institutions' bid to raise adviser education not genuine: FSU

LAURA MILLAN  |  MONDAY, 8 SEP 2014
The attempt by Australia's largest financial institutions to raise the education standards for their financial advisers is not a genuine attempt by licensees to improve integrity and transparency in the industry, the Financial Services Union (FSU) said. ...

Cbus launches self-managed option

JAMES FERNYHOUGH  |  MONDAY, 8 SEP 2014
Cbus has today launched its member direct investment (MDI) option, Cbus Self Managed, in a move to provide an alternative to self-managed superannuation funds (SMSFs). The option gives members access to ASX 300 listed companies, 16 Exchange Traded Funds ...

FOS demands licensee-funded consumer protection scheme

LAURA MILLAN  |  MONDAY, 8 SEP 2014
All relevant entities licensed to distribute financial products should fund a default consumer protection scheme to ensure consumers are paid when awarded compensation, the Financial Ombudsman Service (FOS) asked in its submission to the Financial System ...

Abbott's SG claim incorrect, survey finds

JAMES FERNYHOUGH  |  MONDAY, 8 SEP 2014
... of the seven-year delay to SG rate increase could be for many Australians." The survey also found that 77% of businesses plan to reinvest the money they would have used to fund the extra SG payments back into their business rather than give staff a pay ...

Strong rise in risk market inflows

MARK SMITH  |  MONDAY, 8 SEP 2014
... the total risk market grew 11.4% from $11.8 billion to $13.2 billion in the 12 months to 30 June, newly published data from Plan For Life shows. The group risk sub-market showed the strongest growth with inflows up 19.1%. This was driven by well above ...

SEC adviser exams could cost US$310m

ALEX DUNNIN  |  MONDAY, 8 SEP 2014
A US study has found that improved investment adviser examination requirements could cost their funds industry US$310 million. Training consultant 'RIA in a Box' released its analysis last week following sentiment that a Bill before Congress to 'user ...

HESTA CEO to depart fund

ALICE URIBE  |  FRIDAY, 5 SEP 2014
Long-serving HESTA chief executive Anne-Marie Corboy has announced plans to leave the fund. In announcement made this afternoon, Corboy has said that she will leave HESTA at the end of February 2015 after 16 years at the helm. No replacement has been ...