Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Financial Planning

Self-education cap "short sighted": SPAA

LAURA MILLAN  |  TUESDAY, 16 JUL 2013
The SMSF Professionals' Association of Australia (SPAA) has criticised the Government's proposal to cap tax deductions for professional self-education at $2000.

WB advisers join CBA's Financial Wisdom

LAURA MILLAN  |  MONDAY, 15 JUL 2013
The 23 authorised representatives of WB Financial Management have joined the Commonwealth Bank-owned Financial Wisdom dealer group.

Storm claim unfair and baseless: CBA

LAURA MILLAN  |  MONDAY, 15 JUL 2013
Commonwealth Bank (CBA) has strongly reacted to the news that Storm Financial victims' lawyer will start legal proceedings against the $136 million settlement that the bank reached with the Australian Securities and Investments Commission (ASIC) last ...

Research houses flag 'rating shopping' to advisers

MARK SMITH  |  MONDAY, 15 JUL 2013
Research houses Zenith, van Eyk and Morningstar will make it easier for advisers to see when a fund manager pulls out of the rating process following new regulatory guidelines aimed at preventing investment houses from shopping around for favourable ...

Clients want a "social" relationship with advisers

ALICE URIBE  |  MONDAY, 15 JUL 2013
More than half of adviser clients would like to communicate with their adviser via social media platforms, LinkedIn's Sascha Ambrose told the audience at the first day of the AdviserEdge Social Advice Summit in Melbourne.

Perth broker gets 3 year ban for falsifying documents

LAURA MILLAN  |  FRIDAY, 12 JUL 2013
A Perth-based finance broker has been banned from financial services for three years after an investigation found he falsified documents to support the loan applications of his clients without their knowledge.

Storm lawyers take ASIC and CBA to court over settlement

LAURA MILLAN  |  FRIDAY, 12 JUL 2013
Storm Financial litigator Levitt Robinson Solicitors have questioned the $136 million settlement reached by the Australian Securities and Investments Commission (ASIC) and Commonwealth Bank last year.

Accountants push for debate on FoFA changes

LAURA MILLAN  |  THURSDAY, 11 JUL 2013
The Institute of Public Accountants (IPA) has asked for "further exploration" of the Coalition's proposed amendments to the Future of Financial Advice (FoFA) legislation.

Women hit with double burden on retirement savings

LAURA MILLAN  |  THURSDAY, 11 JUL 2013
Middle-aged women may be twice as disadvantaged as men when it comes to accumulating superannuation savings for their retirement, as they not only take a break from work to have children but also take on the role of caring for their parents later in ...

Self-education cap to harm senior workers

LAURA MILLAN  |  THURSDAY, 11 JUL 2013
The proposed $2,000 a year cap on tax deductions for professional self-education could put professionals over 50 years old in a situation of disadvantage, National Seniors Australia said.