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Showing 921 - 930 of 1613 results for "Recommended"

Institutions' bid to raise adviser education not genuine: FSU

LAURA MILLAN  |  MONDAY, 8 SEP 2014
... consult with a planner - especially when consumers are presenting their entire financial world and future." The FSU recommended increasing the minimum benchmark for entering the financial advice sector and to establish a national financial planning exam. ...

Matrix merger to place ClearView among top 10 licensees

LAURA MILLAN  |  MONDAY, 1 SEP 2014
... advisers. ClearView and Matrix entered into a merger implementation deed last week and the Matrix board has unanimously recommended that its shareholders accept the offer. According to the latest Rainmaker Advantage Report from March 2014, Matrix has ...

FSC calls for new govt agency to grow industry overseas

MARK SMITH  |  MONDAY, 1 SEP 2014
... said the body would also need power in legislation to deal with tax and regulatory issues affecting the industry. It recommended the new agency should be partly government funded but have advisory representatives from industry. It could also be funded ...

Call general advice 'sales': CBA

ALICE URIBE  |  FRIDAY, 29 AUG 2014
The Commonwealth Bank of Australia has recommended there be changes to the way that 'advice' is described in its second round submission that responds to the Financial System Inquiry's (FSI) Interim Report. In its 92 page submission published on the ...

IFM warns against foreign ownership of infrastructure

JAMES FERNYHOUGH  |  THURSDAY, 28 AUG 2014
... of PPP projects will commence before 2020. As a solution to super funds' relative aversion to illiquid assets, IFM recommended a number of measures: a less stringent stress-testing regime; a government-backed liquidity scheme; premiums for members who ...

Perennial Aussie equities fund receives Zenith rating

STAFF WRITER  |  WEDNESDAY, 20 AUG 2014
... Partners has rated the Perennial Value Wealth Defender fund, which was launched in late May 2014. The fund received a 'recommended' rating from Zenith. The research house said that the fund "provides investors with a unique exposure to Australian equities ...

ASIC lowers wholesale investor threshold to $2.5 million

LAURA MILLAN  |  MONDAY, 11 AUG 2014
... However, the regulator only clarified the definition after a Senate Economics Committee inquiry into ASIC's performance recommended it. During the Senate inquiry, University of New South Wales law professor Dimity Kingsford Smith warned that "using wealth ...

Clients prefer good reputation, knowledge over low fees

LAURA MILLAN  |  WEDNESDAY, 6 AUG 2014
... are good reputation (9.4% of respondents), knowledge and expertise (9.4%) and the fact that friends or family have recommended the adviser (8.9%). Only 4.3% thought that affordable or low fees are key when choosing an adviser. Matters such as adviser ...

Claims against advice arm have no factual basis: Macquarie

LAURA MILLAN  |  MONDAY, 4 AUG 2014
... final report of ASIC inquiry flagged "systemic failings of compliance" within Macquarie Private Wealth. The report recommended "intensive surveillance of other financial advice businesses that have recently been a source of concern, such as Macquarie ...

Premium hires former IOOF exec for compliance role

ALICE URIBE  |  WEDNESDAY, 30 JUL 2014
... Wealth Management to acquire all of the dealer group's shares. At this stage the board of Premium Wealth Management recommended to shareholders that they consider the terms of the acquisition with Australian Unity. Premium Wealth Management has more ...