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Showing 9961 - 9970 of 18276 results for "Plan"

Abbott super cut to affect low income Australians: Shorten

LAURA MILLAN  |  MONDAY, 22 APR 2013
Around one in three working Australians will be denied up to $500 each year under opposition leader Tony Abbott's plan to cut the Low Income Superannuation Contribution (LISC), minister for Financial Services and Superannuation Bill Shorten said. According ...

Apps disappoint despite vast tech spend

MARK SMITH  |  MONDAY, 22 APR 2013
... billion overhaul of core systems while National Australia Bank chief executive Cameron Clyne confirmed a $1 billion year plan for investment in systems and back-office infrastructure in a strategy update last month. Given the sheer weight of investment ...

Market Wrap

AAP  |  FRIDAY, 19 APR 2013
The Australian stock market looks set to open lower after a negative finish on Wall Street. At 0800 AEST on Friday, the June share price index futures contract was 12 points lower at 4,920 points, with 4,431 contracts traded. In economics news on Friday ...

Commonwealth Financial Planning restructures adviser remuneration

LAURA MILLAN  |  THURSDAY, 18 APR 2013
Commonwealth Financial Planning has announced the restructure of its adviser remuneration packages. As part of the changes it has removed trail commissions for advisers on managed investments and platforms. Insurance renewal revenue will be shared at ...

Advice practice profitability drops by 50%: survey

LAURA MILLAN  |  THURSDAY, 18 APR 2013
... workers in 2010, but this was down to 4.6 in 2012. According to Business Health, practices should have an effective business plan for the next 12 months, should seek regular feedback from the client, apply client segmentation and prepare a transition ...

Challenger FUM grows 7% in March quarter

LAURA MILLAN  |  THURSDAY, 18 APR 2013
Another bumper quarter for Challenger, with today's results showing Funds Under Management (FUM) reached $40.9 billion at the end of March 2013, an increase of 30% for the year and up 7% for the quarter. Challenger Life, the division behind the annuity ...

Deferred annuity tax reforms safeguard retirees

MARK SMITH  |  THURSDAY, 18 APR 2013
Reforms to the tax treatment of deferred lifetime annuity (DLA) products has added greater security for Australian retirees, according to Towers Watson. The new rules, if enshrined by legislation, remove inconsistencies between the manner deferred annuities ...

CFS creates wrap platform for Infocus

ALICE URIBE  |  THURSDAY, 18 APR 2013
Colonial First State (CFS) has created a full-service wrap platform to assist advisers in meeting the regulatory requirements of the incoming Freedom of Financial Advice (FoFA) regime. The platform, called 'Ultimate' consists of a superannuation and ...

Global cooling on carbon

BENJAMIN ONG  |  THURSDAY, 18 APR 2013
... economy, this too is made in Europe. Carbon prices fell after the European Parliament rejected the European Commission's plan to backload - that is, take 900 million tonnes of carbon credits off market and return them when the region's economy is stronger ...

Kenyon Prendeville case could be referred to ASIC

LAURA MILLAN  |  WEDNESDAY, 17 APR 2013
Pitcher Partners, the liquidators appointed to wind up financial business brokering firm Kenyon Prendeville, are considering reporting breaches to the Australian Securities and Investments Commission (ASIC) after one of the partners, Alan Kenyon, failed ...