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Showing 8951 - 8960 of 18276 results for "Plan"

Beacon approves DomaCom fractional property fund

STAFF WRITER  |  MONDAY, 19 MAY 2014
Beacon Financial Group will add the DomaCom fractional property fund to its approved product list (APL). DomaCom's property fund was launched in February and was aimed at meeting the needs of the independent financial advice (IFA) sector. "IFAs such ...

CBA, CSSA promote FoFA legal loophole

JAMES FERNYHOUGH  |  MONDAY, 19 MAY 2014
Corporate super specialist advisers have found a legal loophole that could allow them to maintain a business model that has been banned under the Future of Financial Advice (FoFA) legislation. The loophole, as described by Commonwealth Bank of Australia ...

Another Genesys executive leaves amid AMP restructure

LAURA MILLAN  |  MONDAY, 19 MAY 2014
Genesys Wealth Advisers head of leaders program and strategic alliances has left the AMP-aligned business, following the redundancies of five other managers in January. Andrew Kennedy has now left Genesys and started a new role as head of distribution ...

FPA campaigns for a separation of product and advice

LAURA MILLAN  |  MONDAY, 19 MAY 2014
The Financial Planning Association (FPA) has asked the government to create "a surgical cut" between product sales and financial advice. The campaign promotes the inclusion of SoPA -or separation of product and advice- into FoFA -or the Future of Financial ...

CBA forced to review poor compensation methods

LAURA MILLAN  |  MONDAY, 19 MAY 2014
Commonwealth Financial Planning and Financial Wisdom will have to reopen compensation processes for more than 4,000 clients after its methods were found to be inconsistent and disadvantaged customers. The Australian Securities and Investments Commission ...

States urged to recycle infrastructure

JAMES FERNYHOUGH  |  MONDAY, 19 MAY 2014
The federal government is urging state governments to privatise infrastructure assets, with the creation of a $5 billion 'asset recycling initiative'. For a period of five years, the federal government will use this pool to pay state governments 15% ...

IOOF secures strong advice channel with SFGA bid

LAURA MILLAN  |  FRIDAY, 16 MAY 2014
The IOOF bid to acquire all of SFGA shares would result in a non-aligned advice business larger than those of NAB, Westpac and ANZ. IOOF offered 0.104 shares for each SFGA share, which implies a value of $0.90 per SFGA share. The SFGA Board unanimously ...

Labor to oppose rise in pension age

JAMES FERNYHOUGH  |  FRIDAY, 16 MAY 2014
... can therefore block it without breaking the unwritten rule against blocking supply. Shorten also condemned the government's plan - not included in the budget - to do away with the low income superannuation contribution (LISC). "Two thirds of those hurt ...

Budget reply speech 2014 -15: Bill Shorten

Advisers turn budget into opportunity to engage

LAURA MILLAN  |  THURSDAY, 15 MAY 2014
Tech savvy financial planners have turned fears around the 2014/15 federal budget cuts into an opportunity to highlight the value of advice and engage with their clients on social media. The government's warnings before the release of the 2014 budget ...