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Showing 891 - 900 of 2379 results for "Rule"

SMSFs investing restrictions unfair: Poll

KARREN VERGARA  |  MONDAY, 16 APR 2018
Self-managed super funds have been unfairly subjected to too much red tape, according to Financial Standard's latest survey. Last week's poll reveals more than half (51%) of readers believe SMSFs bear the brunt of numerous government restrictions and ...

AMP admits to serious misconduct in RC submissions

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... said. In some cases, this occurred because of a systems error, but in others it was because AMP applied an internal business rule that clients could continue to be charged fees for up to 90 days. In rectifying this, about $3.69 million has been repaid ...

CountPlus firm acquires NSW practice

ALEX BURKE  |  FRIDAY, 13 APR 2018
A CountPlus financial planning member firm will acquire 100% of a New South Wales accounting practice. Robson Partners will acquire Walker & Andrews with the process finalising on May 1. CountPlus described the acquisition as "earnings-accretive" for ...

UK fund managers must improve fairness

DARREN SNYDER  |  FRIDAY, 13 APR 2018
The UK's financial services conduct regulator has released new rules for fund managers as part of its ongoing study into the asset management market. The latest Financial Conduct Authority (FCA) report states that fund managers, as the agents of investors ...

Optimo adds SMSF modelling to platform

KARREN VERGARA  |  FRIDAY, 13 APR 2018
Optimo Financial has enhanced its paraplanning software Pathfinder Online to include self-managed super fund modelling capabilities. Pathfinder, an online modelling platform, allows financial advisers to create projections for up to 20 years that cover ...

CommInsure, OnePath enhance digital experience

JAMIE WILLIAMSON  |  WEDNESDAY, 11 APR 2018
Applying for life insurance and making claims is now much easier for financial advisers and customers of CommInsure and OnePath. CommInsure is the latest to partner with underwriting rules engine UnderwriteMe. Through the partnership, the complexity ...

Royal Commission to take "labyrinthine" advice legislation to task

ALEX BURKE  |  MONDAY, 9 APR 2018
In its background paper leading up to the financial advice inquiry on April 16, the Royal Commission has called out the "labyrinthine" regulatory regime in which the industry operates. The paper notes the current legislative framework for financial ...

What will estate planning look like in 2020?

DARREN SNYDER  |  WEDNESDAY, 4 APR 2018
Looking beyond 2020, netwealth technical services head Keat Chew said financial advisers must consider the prospect of small tax increases on superannuation earnings and lump sum payments. Speaking at a recent netwealth CPD event in Sydney, Chew took ...

Blue Sky hits back at hedge fund, requests ASIC intervention

ALEX BURKE  |  WEDNESDAY, 4 APR 2018
Blue Sky Alternative Investments resumed trading on the ASX and has requested ASIC investigate the accusations made by a US hedge fund - and associated short-selling - last week. Glaucus Research Group argued "Blue Sky is significantly overstating its ...

Magellan cuts ties with Cricket Australia

ALEX BURKE  |  THURSDAY, 29 MAR 2018
In light of the recent ball-tampering scandal, Magellan has terminated its three-year naming sponsorship agreement with Cricket Australia. Magellan chief executive Hamish Douglass said the agreement was based on shared values and "reputations of integrity ...