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Showing 71 - 80 of 98 results for "Ripoll"

Industry prepares for new advice era

MICHELLE BALTAZAR AND RUTH LIEW  |  TUESDAY, 27 APR 2010
... corporate law, Chris Bowen, unveiled this week radical proposals to reform the planning industry following the findings of the Ripoll Inquiry on the collapse of failed property group Westpoint and financial planning firm Storm Financial. Central to the ...

MySuper proposal ignites storm

ALEX DUNNIN AND RUTH LIEW  |  THURSDAY, 15 APR 2010
... following the Federal Budget, within months of a Federal election and before the government has formalised its response to the Ripoll advice practices review and the increasingly controversial Henry taxation review. Prime Minister Kevin Rudd's difficulties ...

Advisers to gain political insight

PRESS RELEASE  |  TUESDAY, 6 APR 2010
... separate AFA luncheons later this month. Hockey will talk about the financial planning industry, provide his insight into the Ripoll Inquiry and the opposition's outlook for the financial services industry at the lunch on 20 April in Sydney. Bowen will ...

Hartsuyker takes aim at govt reviews

MICHAEL HOBBS  |  FRIDAY, 5 FEB 2010
... for members," he said. While scathing of the Government's reviews, Hartsuyker said the Coalition did support some of the Ripoll Report's recommendations including the requirement that financial advisers owe a fiduciary duty to their clients. "Strengthening ...

Planners forced to rewrite succession plans

RUTH LIEW  |  FRIDAY, 22 JAN 2010
... increasing number of planners worry about their succession plans, particularly with the Henry and Cooper Reviews, and the Ripoll Inquiry, casting some uncertainty on their business models. "Obviously with the debate around fees and commissions, how do ...

FinaMetrica rides regulatory wave

MICHAEL HOBBS  |  TUESDAY, 19 JAN 2010
... for risk, market volatility and a range of other capital market possibilities. Given the recommendations from last year's Ripoll Inquiry that included financial planners have a fiduciary duty to clients, Resnik is hopeful of a similar outcome in Aust ...

Securitor adds planners and expands research

MICHAEL HOBBS  |  WEDNESDAY, 9 DEC 2009
... view." Younger said the Securitor network is well positioned whatever the government chooses to implement following the Ripoll Inquiry, as most of their planners use a fee for service remuneration model. "We haven't felt the need to go and make [mandate ...

Ripoll rules but confusion reigns

ALEX DUNNIN  |  WEDNESDAY, 2 DEC 2009
While the Ripoll Report is a useful platform for improving Australia's advice industry, it raises more questions than answers and until some of these are defined by the government it will be difficult for wealth managers to properly interpret the report ...

Advisers want to keep commissions: research

COMPANY RELEASE  |  MONDAY, 30 NOV 2009
... according to research from CoreData that polled over 200 advisers and practice principals. Following the release of the Ripoll Inquiry earlier this month, the research, which was conducted last week, found almost two thirds of respondents disagreed that ...

Planners should already be fiduciaries

ALEX DUNNIN  |  MONDAY, 30 NOV 2009
As the industry digests the Ripoll Report and the focus shifts to the core question of what fiduciary responsibility means for advisers, a leading superannuation author says advisers accepting commissions as payments are already breaching these obligations. ...