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Showing 9211 - 9220 of 18276 results for "Plan"

A third of Australians expect major shortfall in retirement

LAURA MILLAN  |  MONDAY, 10 FEB 2014
... barriers to sufficient retirement savings continue to be major health issues, loss of employment and lack of formal investment plan. At the same time, only 3.5% think they will have more than enough money to maintain their lifestyles in retirement. Nearly ...

AMP Capital appoints fixed income head

HARRY PAGE  |  FRIDAY, 7 FEB 2014
AMP Capital has appointed Simon Warner as head of Fixed Income as part of the ongoing AMP restructure. Warner was the AMP Capital head of Macro Markets within the fixed income team for the past seven years and replaces Mark Beardow, who was announced ...

FoFA amendments could bring back commissions: FPA

JAMES FERNYHOUGH  |  FRIDAY, 7 FEB 2014
The government's proposed amendments to the Future of Financial Advice (FoFA) reforms could lead to a return to commissions, Financial Planning Association (FPA) chief executive Mark Rantall has warned. Speaking at the Financial Advice in Super Symposium ...

IOOF adapts distribution team for post-FoFA world

LAURA MILLAN  |  FRIDAY, 7 FEB 2014
IOOF is the last of a number of organisations to restructure its distribution team in order to adapt to a post-Future of Financial Advice (FoFA) environment. IOOF will hire a head of Specialist Sales responsible for investment, self-managed, and tax ...

CBA: Expect higher inflation

MARK SMITH  |  FRIDAY, 7 FEB 2014
... upward pressure on insurance prices. Blythe advised company directors in attendance to be mindful of these inflation risks and plan for a possible interest rate rise by the end of the year as the RBA moves to address the problem.

FoFA changes delay tax-deductible advice: Ripoll

LAURA MILLAN  |  FRIDAY, 7 FEB 2014
... legislation," he said. In its pre-budget submission, the FPA recommended that the government prepare an initial financial plan, as well as to expressly state that ongoing management fees and annual retainer fees are tax deductible. The association also ...

Charterhill assets frozen

HARRY PAGE  |  THURSDAY, 6 FEB 2014
The Federal Court in Adelaide froze all assets owned by the founders of the Charterhill group, following an application from the Australian Securities and Investments Commission (ASIC). The Charterhill group specialises in assisting clients to invest ...

Medcraft always going to testify at inquiry: ASIC

HARRY PAGE  |  THURSDAY, 6 FEB 2014
... inquiry was scheduled to begin. In the ASIC statement, it said Medcraft always intended to go to the inquiry and that he didn't plan to go to Kuala Lumpur. The current inquiry into ASIC will examine the corporate regulator's performance. The inquiry ...

Hamilton calls for stricter SMSF licensing

MARK SMITH  |  WEDNESDAY, 5 FEB 2014
... Ian Gillies believes it is only a matter of time before more stringent guidelines are released, if not regulation. "ASIC's plan to introduce minimum account balance guidelines needs to stipulate a minimum equity balance for a fund. There are funds which ...

FPA asks for tax-deductible advice

LAURA MILLAN  |  WEDNESDAY, 5 FEB 2014
... deductibility on financial planning fees. "The inability to claim a tax deduction for the fees associated with an initial financial plan acts as a disincentive for people to take the first step towards organising their finances on a strategic basis," ...