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Showing 9641 - 9650 of 18276 results for "Plan"

Advice firms start to launch in post-FoFA regime

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
The financial services industry is starting to see the first advice firms launching after the start of the Future of Financial Advice (FoFA) regulation and while the process is more rigorous now, newcomers have the advantage of being fully-compliant ...

ASIC wants more adviser record-keeping rules

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
The Australian Securities and Investments Commission (ASIC) has proposed that financial advisers improve the way they keep their records as part of the best interest duty obligation under the Future of Financial Advice (FoFA) regulation. In Consultation ...

Investment bonds a low-tax alternative to super: IOOF

JAMES FERNYHOUGH  |  THURSDAY, 1 AUG 2013

Senior CBA exec puts blame on the bank for Storm disaster

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
Senior Commonwealth Bank (CBA) executive Ian Bailey declared that the bank's retail division had a role in the collapse of Storm Capital in January 2009. A document detailing an examination to Bailey by the Australian Securities and Investments Commission ...

ASFA calls for clarity on Labor's super law freeze

JAMES FERNYHOUGH  |  THURSDAY, 1 AUG 2013
... five-year super tax freeze. ASFA chief executive Pauline Vamos welcomed Labor's announcement, saying it would allow people to plan for their retirement with a degree of certainty. However, she added: "[I]t is important that for the sake of clarity and ...

Regulator taking a "facilitative" approach to change

ALICE URIBE  |  THURSDAY, 1 AUG 2013
The Australia Securities and Investments Commission (ASIC) chairman Greg Medcraft reiterated his support to the financial services industry as it grapples with the implementation of regulatory changes, saying that the regulator would take a "facilitative" ...

FSC to support Indigenous financial literacy

MARK SMITH  |  THURSDAY, 1 AUG 2013
The Financial Services Council (FSC) has formed a long-term partnership alliance with First Nations Foundation (FNF) to help improve the financial literacy of Indigenous Australians. The FSC will be providing a minimum of $50,000 a year for three years ...

Market Wrap AM

AAP  |  THURSDAY, 1 AUG 2013
The Australian market looks set to open flat following gains on Wall Street after data showed second-quarter US gross domestic product grew better than had been expected. US GDP grew 1.7 per cent in the quarter, above the 1.1 per cent pace expected ...

Financial literacy in retirement a human rights issue: AHRC

JAMES FERNYHOUGH  |  WEDNESDAY, 31 JUL 2013
... superannuation, pensions, financial advice and investment. "For many people it is hard to know where to start and what to plan when it comes to retirement," Age Discrimination Commissioner Susan Ryan said. "There are options for income support, health ...

Advisers warned: take sequencing risk seriously

JAMES FERNYHOUGH  |  WEDNESDAY, 31 JUL 2013
Sequencing risk can have a "catastrophic impact" on self-managed superannuation funds (SMSFs), according Michael E. Drew, Professor of Finance at Griffith University and partner at Drew, Walk & Co. Speaking at the SMSF Professionals' Association of ...