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Showing 9691 - 9700 of 18276 results for "Plan"

PIS appoints PwC as independent expert

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
PriceWaterhouseCoopers (PwC) will monitor independent dealer group Professional Investment Services (PIS) for the next nine months after an order was issued yesterday by the Australian Securities and Investments Commission (ASIC). PwC will report back ...

FPA sets out opposition to self-education cap

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
The Financial Planning Association (FPA) has opposed the proposal to cap self-education tax concessions at $2,000 in a submission to government. The FPA said that a Diploma of Financial Planning costs around $1,800 and that an average adviser would ...

Perth mortgage broker permanently banned

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
The Australian Securities and Investments Commission (ASIC) has permanently banned a Perth-based mortgage broker. An ASIC investigation found that he had falsified a letter stating finance approval had been provided for a client and then forwarded it ...

HNW and SMSF under ATO scrutiny

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
The Australian Taxation Office (ATO) will focus on high net worth (HNW) and self-managed superannuation funds (SMSF) misuse of the concessional tax environment, whether if it is deliberately or unintentionally. The ATO announced that it will review ...

US Hedge Fund Association opens in Australia

MARK SMITH  |  THURSDAY, 18 JUL 2013
The US-based Hedge Fund Association, a nonpartisan industry body aimed at increasing transparency and trust in alternative investments, has established an Australian chapter. The lobbying organisation's membership includes hedge funds, funds of funds ...

ASIC orders further PIS scrutiny over compliance concerns

LAURA MILLAN  |  WEDNESDAY, 17 JUL 2013
Professional Investment Services (PIS) will be subject to a monitoring program by an independent expert to ensure that its advice processes meet the standards set out in a major enforceable undertaking (EU). The EU came to an end on March 2012 and PIS ...

HLB growth leads to senior appointments

LAURA MILLAN  |  WEDNESDAY, 17 JUL 2013
HLB Mann Judd has appointed three new directors and two partners following the growth of its wealth management business and advisory services. Andrew Lord will be the group's wealth management director. Lord has 20 years' experience in financial services ...

ASIC's powers heightened under FoFA

LAURA MILLAN  |  WEDNESDAY, 17 JUL 2013
The Australian Securities and Investments Commission (ASIC) will act more strongly on cases of misconduct in the wake of Future of Financial Advice (FoFA) the regulator said. The new FoFA regulation has allowed ASIC to take civil penalty actions, whereas ...

OneVue strenghtens platform offering

LAURA MILLAN  |  WEDNESDAY, 17 JUL 2013
OneVue has added two new investment options to its Unified Managed Account platform as part of its strategy to ensure greater compliance with the Future of Financial Advice (FoFA) reforms. The platform will offer two separate investment package options ...

Japanese broker enters Australian market

JAMES FERNYHOUGH  |  WEDNESDAY, 17 JUL 2013
Japanese brokerage firm Invast Securities has launched its Australian operation after gaining its licence from the Australian Securities and Investments Commission (ASIC). Under chief executive Brendan Gunn, Invast Australia will offer various trading ...