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Showing 911 - 920 of 2100 results for "MAX"

FASEA exam is not fair: Spot poll

KARREN VERGARA  |  MONDAY, 3 DEC 2018
The compulsory financial adviser and curriculum examination has been branded as unfair, according to Financial Standard's latest online survey. An overwhelming number of financial advisers (68%) said the long-awaited exam the Financial Adviser Standards ...

Rice Warner warns against culling value-based advice fees

HARRISON WORLEY  |  FRIDAY, 23 NOV 2018
Rice Warner is warning against a departure from value or volume-based advice fees. The researcher is concerned a potential move to fee for service - where fees are expressed entirely in dollars and not as a percentage of assets - will lead to reduced ...

FASEA releases draft degree requirement legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 21 NOV 2018
The Financial Adviser Standards and Ethics Authority released its long awaited degree requirements for existing financial advisers and new entrants. FASEA has proposed the maximum requirement for an existing adviser be a graduate diploma of eight subjects ...

Royal Commission puts bonuses on notice

HARRISON WORLEY  |  TUESDAY, 20 NOV 2018
Latest research from Macquarie University uncovers flaws in the use of balanced scorecards to determine remuneration. It comes as Australia's biggest bank bosses face the Royal Commission. According to researchers from the university's Applied ...

AMP Capital appoints fund manager

KANIKA SOOD  |  MONDAY, 19 NOV 2018
AMP Capital has appointed a new fund manager for its largest pooled real estate fund, as current manager moves into a different role. Brett Williams will commence as the fund manager for the AMP Capital Diversified Property Fund (ADPF) in mid-February. ...

FASEA clarifies adviser exam rules

DARREN SNYDER  |  MONDAY, 19 NOV 2018
Among a wide-ranging update on Friday evening, the Financial Adviser Standards and Ethics Authority concreted several aspects to an industry exam. It also released a standards blueprint. FASEA said the duration of the financial adviser exam will be ...

FPA fines Henderson $50k

KARREN VERGARA  |  WEDNESDAY, 14 NOV 2018
The Financial Planning Association of Australia slapped a $50,000 fine on former member Sam Henderson for breaching its professional code of conduct nine times. The FPA's independent disciplinary body, the Conduct Review Commission (CRC), determined ...

Maximising retirement planning in an era of volatility

KARREN VERGARA  |  MONDAY, 12 NOV 2018
Helping financial advisers find the best solutions and strategies for Baby Boomers, who own more than half of Australia's wealth, in an era of uncertainty underscored this year's Financial Standard Best Practice Forum on Retirement Income. Speaking ...

Westpac cops BBSW fine

HARRISON WORLEY  |  MONDAY, 12 NOV 2018
Westpac will pay a $3.3 million penalty over its involvement in the bank bill swap rate saga that's ensnared Australian banks this year. On Friday the Federal Court ordered the bank pay $3.3 million for contravening the ASIC Act in its involvement in ...

AustralianSuper changes property option

KANIKA SOOD  |  FRIDAY, 9 NOV 2018
AustralianSuper is changing the terms of its property option but says it is not in response to an impending property crash. Starting November 19, Australia's largest super fund will put a 70% cap on the amount that a member can invest in its property ...