Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 71 - 80 of 835 results for "Basic"

'But for' compensation methodology unfair: FAAA

KARREN VERGARA  |  FRIDAY, 29 NOV 2024
The methodology used to calculate compensation for victims of bad financial advice appears to factor in 'opportunity costs' and has drawn the ire of advisers, calling it "unfair" and "unsustainable" for the industry. The "but for" methodology ...

Top advisers champions in two key areas: Iress

MATTHEW WAI  |  THURSDAY, 21 NOV 2024
... measured in the Index survey. Compared to the benchmark, the top performing advice practices were 45% faster at producing basic SOAs, 48% faster at producing complex SOAs, 60% faster at producing strategy papers and 58% faster at producing review documents. ...

Bragg calls for Cbus to front Senate

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... "Obviously, we wouldn't use that power lightly, so it's something that we're still working through. But the basic point is that they are an organisation which receives enormous benefits by virtue of being a super fund. They need to explain ...

US election to add to inflation woes: Experts

ELIZA BAVIN  |  TUESDAY, 5 NOV 2024
... Cunningham said whoever comes out as the successful candidate will likely implement inflationary policies. "To the extent that basic economic tenants still apply in this odd economy, lower taxes (especially on personal income) tend to increase spending/capital ...

Cole puts funds on notice as expenditure data is revealed

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
... members is "not new, nor unreasonable". "It is ingrained in the best financial interests duty, and, more fundamentally, a basic requirement of an industry created to help members build savings for their retirement," she said. "Broadly speaking, many ...

Advisers must prioritise Conflicts Priority Rule: AFCA

KARREN VERGARA  |  MONDAY, 28 OCT 2024
After assessing a large volume of Dixon Advisory complaints, the Australian Financial Complaints Authority (AFCA) warned financial advisers of their responsibilities to manage conflicts of interest under the Conflicts Priority Rule. AFCA senior ombudsman ...

Cbus rolls out Advice Essentials Plus

KARREN VERGARA  |  MONDAY, 28 OCT 2024
... prohibitive," she said. "We're really pleased to have developed this offering to address that member need to expand basic advice to the household. It is a more realistic addressing of post-work life, of that intersection with Centrelink, and that ...

ACTU slams plans to Americanise the superannuation system

ANDREW MCKEAN  |  FRIDAY, 18 OCT 2024
... reach for most older adults. Nearly half of those aged 60 and over have household incomes below the level required to afford basic needs.

Aged care costs begin to worry older Aussies

MATTHEW WAI  |  WEDNESDAY, 25 SEP 2024
... retirement, even for homeowners. Of the 4700 Australians surveyed, nine in 10 said the Age Pension is "insufficient" for a basic lifestyle in retirement. Half of the surveyed homeowners stressed that they require an extra $10,000 (singles) and $15,000 ...

The transferrable skills for advisers who changed careers

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
A former police officer and professional athlete say staying disciplined and having robust communication skills have helped them succeed in their careers as financial advisers. Forbes Fava Saville Financial Planning senior financial planner and chief ...