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Showing 871 - 880 of 4032 results for "Personal"

Don't forget: Adviser exam deadline looms

CHLOE WALKER  |  MONDAY, 11 JUL 2022
... on Tuesday, July 12. If those advisers do not pass the July sitting, October 1 they will no longer be able to provide personal advice and their licensee will be forced to revoke their authorisation. "Financial advisers who lose their status as an existing ...

Ministers told to divest shareholdings

JAMIE WILLIAMSON  |  FRIDAY, 8 JUL 2022
... do the great job of being a minister in the Australian government, that should be your focus. Not worrying about your personal finances into the future. And there inevitably will be conflicts raised, issues raised," he said. "We had the extraordinary ...

ASIC releases guidance on super, retirement calculators

ANDREW MCKEAN  |  TUESDAY, 5 JUL 2022
... tools to consumers within the terms of ASIC's relief are exempt from certain regulatory requirements related to providing personal financial advice." ASIC commissioner Danielle Press stated: "Superannuation calculators and retirement estimates are important ...

Umlaut acquires Specialist PMC

CHLOE WALKER  |  MONDAY, 4 JUL 2022
The two businesses are set to provide a new level of Xplan knowledge and support to the financial services sector. While each business will continue operating as normal, financial services firm Umlaut said the acquisition of the Xplan consultant will ...

FS Power50 nominations open for 2022

CASSANDRA BALDINI  |  MONDAY, 4 JUL 2022
... be screened, with only financial advisers registered on ASIC's Financial Adviser Register as licensed to provide personal financial advice qualified to proceed to the voting round. The 50 individuals who attract the highest votes and pass the final ...

Social impact fund to target essential workers

JAMIE WILLIAMSON  |  MONDAY, 4 JUL 2022
... income or purchase price like the government's does and is available to all essential workers - no matter their age or personal situation; the NSW government scheme is only available to essential workers where they are buying for the first time. ...

ASIC bans Melbourne adviser

CHLOE WALKER  |  FRIDAY, 1 JUL 2022
... clients invest in the Investport Income Opportunity Fund, a high-risk fund of which he himself had specific interests via personal borrowings. In doing so, ASIC found that Ruthenberg failed to prioritise his clients' interests above his own when recommending ...

July 1 super changes: Are you ready?

CASSANDRA BALDINI  |  THURSDAY, 30 JUN 2022
... for individuals aged 67 to 74. Individuals will still need to meet the work test to be eligible for a tax deduction for personal contributions and have a total superannuation balance (TSB) of less than $1.7 million. The abolishment presents "significant ...

Retirement Income Covenant a win for advisers - but for how long?

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
... long-awaited Retirement Income Covenant comes into effect tomorrow and, with super funds unable to consider members' personal circumstances, there's a view that its introduction could significantly impact the financial advice sector - but maybe ...

Wealth industry on the cusp of evolution: Report

CASSANDRA BALDINI  |  TUESDAY, 28 JUN 2022
The wealth industry is on the cusp of evolution, with predictions APAC and North America will drive around 80% of worldwide new wealth creation until 2026. According to a report published by Oliver Wyman and Morgan Stanley, leading firms that are accelerating ...