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Showing 1 - 10 of 9075 results for "Advisers"

Superannuation tax shakeup proposed by Actuaries Institute

ANDREW MCKEAN  |  MONDAY, 9 DEC 2024
... need to juggle two accounts with different rules. "A single combined account would make it easier for members, funds and advisers," the paper said. The second reform proposed is to impose a tax on "very high benefits" drawn in retirement and on death ...

Treasury reappoints 24 members to FSCP

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
... FSCP within the Australian Securities and Investments Commission (ASIC) as the single disciplinary body for financial advisers from 1 January 2022. ASIC is responsible for convening individual panels to consider disciplinary matters. Each panel must ...

Adviser exam pass rate improves

MATTHEW WAI  |  MONDAY, 9 DEC 2024
... the 289 candidates who attempted the latest exam sitting, close to 80% passed. The most recent sitting of the Financial Advisers Exam took place on November 6, with 225 out of 289 candidates passing. It represents a pass rate of 77% and is a significant ...

South Australian financial adviser slapped with seven-year ban

ANDREW MCKEAN  |  FRIDAY, 6 DEC 2024
... has been banned for seven years by ASIC. Davis, who was the sole director and responsible manager of Wise Investment Advisers, has been barred from providing financial services, controlling an entity that carries on a financial services business or performing ...

HarbourVest adds to local team

ELIZABETH FRY  |  FRIDAY, 6 DEC 2024
... Warwick Mancini who joined the investor relations team in 2019 and manages relationships with new investors and their advisers in the region. Mancini has 25 years of funds management, corporate advisory and legal experience, working primarily across ...

MLC trustees to pay $65m in MySuper class action settlement

JAMIE WILLIAMSON  |  FRIDAY, 6 DEC 2024
... in 2016. It was alleged members were left idling in products that attracted higher fees and commissions to financial advisers that would have been banned in a MySuper option. In December 2020, the Supreme Court of Victoria ruled the case invalid saying ...

Super funds should focus on 'simple' advice: Jones

ELIZA BAVIN  |  FRIDAY, 6 DEC 2024
... questions, with all the consumer protections in place." Jones said the focus will be on removing red tape for financial advisers, but only in areas that are not currently providing consumer protections, saying a lot of it is "form-filling that doesn't ...

Treasury gives Tranche 2 reform package preview

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... many to the financial advice profession while ensuring there is a clear boundary between the new class and professional advisers, it said. "It's extremely important that the education for NCAs can count towards a full financial planning degree, and that ...

Trustees, advisers have 'insufficient focus' on performance

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
ASIC commissioner Alan Kirkland had told financial advisers and superannuation trustees that more needs to be done to ensure better retirement outcomes for Australians. It comes after ASIC released its superannuation choice products and their focus ...

Centrepoint Alliance launches long-awaited IconiQ platform

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
Centrepoint Alliance has launched the IconiQ investment platform, developed in partnership with FNZ, to provide advisers with both an Investment and Super Wrap solution. Centrepoint said the Investment Wrap is a comprehensive investment account designed ...
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