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Showing 951 - 960 of 1211 results for "Future of"

Issues beyond the FOFA horizon

ELISE BURGESS  |  WEDNESDAY, 18 JAN 2012
... addressed. In a recent white paper from software provider Decimal, "Beyond FOFA - five fault lines shaping the 'real' future of financial advice", it discussed how financial advice models need to address five key issues based on industry opinion. In ...

Ascalon forms second Asian partnership

CLAIRE MCGREAL  |  TUESDAY, 17 JAN 2012
... experience, and Ascalon's broader operational expertise and institutional support provides a sound foundation for the future of our business."" Chief executive of Ascalon, Andrew Landman, said it had been monitoring Canning Park for some time, and felt ...

AustralianSuper, AGEST reveal merger plans

ELISE BURGESS  |  WEDNESDAY, 14 DEC 2011
... Silk, said that merging with AGEST was a great fit. "AustralianSuper is determined to play a leading role in shaping the future of superannuation in this country in the interests of members. We have a very strong vision and AGEST shares that vision." ...

ASIC releases FOFA guidance plan

ELISE BURGESS  |  TUESDAY, 13 DEC 2011
... Australian Securities and Investments Commission (ASIC) has released its regulatory guidance plans for the impact of the Future of Financial Advice (FOFA) reforms, based on the assumption it will keep with the commencement date of July 1, 2012. Acknowledging ...

Russell urges advisers to keep low value clients

ELISE BURGESS  |  TUESDAY, 13 DEC 2011
... alternatives to create a profitable relationship despite impending FOFA regulations. One predicted unexpected outcome of the Future of Financial Advice (FOFA) reforms has been the industry-wide dropping of lower value clients by advisers who currently ...

Industry welcomes Shorten's promotion

CLAIRE MCGREAL  |  TUESDAY, 13 DEC 2011
... services has been elevated to the inner Cabinet, which is appropriate, given how important the issue is to the financial future of all Australians," said AFA boss Richard Klipin. The Self-Managed Super Fund Professionals' Association of Australia (SPAA) ...

Govt releases intra-fund advice rules

ELISE BURGESS  |  THURSDAY, 8 DEC 2011
... the regulatory protections in the Corporations Act. The ASIC guidance will be finalised next year following on from Future of Financial Advice (FOFA) legislation's being introduced into Parliament, which contains the best interests duty regulation. Shorten ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 7 DEC 2011
... shock S&P announcement came as European Union leaders prepared for a two-day summit which is regarded as crucial for the future of the eurozone, whose debt crisis has sent global markets into turmoil. Frankfurt's DAX 30 ended the day down 1.27 per cent ...

Managed accounts get FOFA boost

ELISE BURGESS  |  TUESDAY, 6 DEC 2011
... sustained period of adverse conditions for advisers. The Institute of Managed Account Providers (IMAP) recently said the Future of Financial Advice (FOFA) reforms is making managed accounts mainstream for advisers with IAS reporting higher levels of ...

Consolidation creating conflict between product and advice

RACHEL DAVIS  |  THURSDAY, 1 DEC 2011
Independent financial planning group, Premium Wealth Management, has said that while it is confident about the future of independent financial advice, it fears consolidation in anticipation of the FOFA reforms is creating a conflict of interest between ...