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Showing 891 - 900 of 2016 results for "WIS"

Chief economist update: When good oil goes bad

BENJAMIN ONG  |  THURSDAY, 10 MAY 2018
Let me take you down (no, I'm not going to Strawberry Fields) back to early 2016, when the US and the European Union decided to lift financial and oil sanctions on Iran. Almost immediately Tehran announced it's bringing back production to 3 million ...

Budget means Aussies can get more from retirement

HARRISON WORLEY  |  WEDNESDAY, 9 MAY 2018
Diversified wealth managers IOOF and StatePlus have led industry support for superannuation measures introduced in last night's Budget. IOOF highlighted how Australians stand to benefit from changes to superannuation policy which would allow planning ...

Unlicensed SMSF advice not systemic: ASIC

HARRISON WORLEY  |  FRIDAY, 4 MAY 2018
ASIC has completed its review of unlicensed SMSF advice from accountants. The regulator found that there were no systemic concerns around the provision of unlicensed SMSF advice, but did note that the accountants reviewed had significant levels of inaccurate ...

Nick Bolton back on ASIC radar

ALEX BURKE  |  MONDAY, 30 APR 2018
The former head of Keybridge Capital, whom ASIC banned from running a company in 2015, is being investigated by the regulator for allegedly acting as a "shadow director" of the company. Nick Bolton was previously Keybridge's managing director. He shot ...

RECAP: Advice in the Royal Commission spotlight (Days 6- 9)

KANIKA SOOD  |  FRIDAY, 27 APR 2018
In a workweek cut short by a public holiday, the Royal Commission heard evidence which included an AMP adviser identified only as Mr E, whose clients haven't even been informed of his misconduct yet. It also included a high-profile adviser who "most ...

Financial planning must regroup and reform: Social Media

HARRISON WORLEY  |  FRIDAY, 27 APR 2018
Social media commentators have called for structural changes to the financial planning industry after the Royal Commission wrapped up its investigation into financial advice this week. After a fortnight of revelations during the Royal Commission's probe ...

Industry fund begins lifecycle pension strategy

HARRISON WORLEY  |  TUESDAY, 24 APR 2018
A $1.5 billion industry superannuation fund has added a dual-account lifecycle strategy to its pension offering. New pension members of REI Super now have a default lifecycle investment option which applies different investment mixes based on age. Existing ...

Chief economist update: Malcolm puts agricuture in the middle

BENJAMIN ONG  |  MONDAY, 23 APR 2018
"You are all right when you say when you say politically it would have been better for us if we had done it years ago." These are the words from Australian Prime Minister Malcolm Turnbull doing a "mea culpa" for waiting two years before establishing ...

Royal Commission case study: advice put retirement in ruins

JAMIE WILLIAMSON  |  THURSDAY, 19 APR 2018
A Westpac case study analysed by the Royal Commission has demonstrated the devastating impact of inappropriate financial advice. Providing testimony in the first case study of inappropriate advice to be explored by the Commission, former Westpac customer ...

Aged care becomes critical for advisers

DARREN SNYDER  |  TUESDAY, 17 APR 2018
Financial advice practices are waking to the idea that specialist aged and disability care advisers will become necessary for any planning business to thrive in coming decades. Mentor Education founder and director Mark Sinclair said the advice industry ...