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Showing 8661 - 8670 of 18276 results for "Plan"

Senate bill challenges general advice definition

LAURA MILLAN  |  TUESDAY, 2 SEP 2014
Greens Senator Peter Whish-Wilson has decided to get ahead of the Financial System Inquiry (FSI) and is set to table a bill to change the definition of 'general advice.' The Senator will introduce the private member bill today during the Senate sitting ...

Body needed to monitor adviser competency: FSC

LAURA MILLAN  |  TUESDAY, 2 SEP 2014
The financial advice sector is in need of change and a new Advice Competency Standards Board should lead the transformation, according to the Financial Services Council (FSC). The new body would oversee the development of competency standards, adviser ...

Vertical integration good for consumers, competition: instos

LAURA MILLAN  |  MONDAY, 1 SEP 2014
Australia's largest financial services institutions have argued that vertical integration is positive for consumers because it helps market competition. The stakeholders have rebuffed the Financial System Inquiry's (FSI) concern that vertical integration ...

Advisers use more insurers, but main provider still key: research

LAURA MILLAN  |  MONDAY, 1 SEP 2014
Advisers have expanded the number of insurers they use, but being an adviser's main insurance provider remains essential, new research by Investment Trends shows. After four years of planners consolidating insurers, advisers have increased the numbers ...

Matrix merger to place ClearView among top 10 licensees

LAURA MILLAN  |  MONDAY, 1 SEP 2014
ClearView's bid to acquire all of the shares in Matrix's financial planning business would place the combined group among Australia's ten largest advice groups by number of advisers. ClearView and Matrix entered into a merger implementation deed last ...

Wilson HTM nixes Shaw deal

ALICE URIBE  |  MONDAY, 1 SEP 2014
Financial services company Wilson HTM Investment Group (Wilson HTM) will discontinue discussions with rival Shaw Stockbroking over a merger with its stockbroking arm. In a statement to the ASX, Wilson HTM said that: "Despite positive and cordial discussions ...

ISA targets 'sales incentives' in new ad campaign

JAMES FERNYHOUGH  |  MONDAY, 1 SEP 2014
Industry Super Australia (ISA) has pulled no punches in its latest multi-platform advertising campaign which emphasises the controversial sales culture within banks. The ads will be released today across television, print, digital and outdoor sites ...

Perpetual launches Global Share Fund on profit rise

MARK SMITH  |  FRIDAY, 29 AUG 2014
... 'Transformation 2015' strategy, aimed at simplifying and refocusing the business. "We have now completed the first two phases of T15 on plan, with annualised savings of $50 million pre-tax to date. Since launching the strategy in 2012, NPAT has increased ...

AFA Adviser of Year and Practice of Year semi-finalists announced

STAFF WRITER  |  FRIDAY, 29 AUG 2014
The Association of Financial Advisers (AFA) and Zurich Financial Services Australia (Zurich) have announced the semi-finalists in the 2014 AFA Adviser of the Year and Practice of the Year Awards. The Adviser of the Year honour was first awarded in 2003 ...

FoFA legislative changes pass in the House of Reps

LAURA MILLAN  |  THURSDAY, 28 AUG 2014
The House of Representatives has voted in favour of the government's amendments to the Future of Financial Advice (FoFA) legislation. The members of Parliament voted following a long debate where the Coalition outlined its position in favour of the ...