chairman

Financial planning

Planners exampled in ASIC user-pays model

Financial planning firms and dealer groups would be levied by ASIC according to the number of authorised and employee representatives they have on their books....

Financial planning

FPA announces research grant winners

The Financial Planning Education Council (FPEC) announces two winners of its FPEC University Research Grants....

Policy & Regulation

Did ASIC lack intelligence and skills?

The Senate Committee reviewing ASIC’s performance is likely to make recommendations based on how past failures were owed to a lack of intelligence and necessary skills....

Financial planning

ASIC reviewing industry fund advertisements

ASIC has confirmed to a Parliamentary Committee that it is reviewing the latest industry funds advertising campaign....

Editorial

FOFA and resisting remuneration temptation

The Government’s amendments to the FOFA legislation seemed capable of creating some loopholes around commissions but, as Mike Taylor writes, the major planning organisati...

Financial planning

Gonski argues for transparency over expertise

Investec Bank chairman David Gonski backs diversity on super fund boards....

Editorial

Keeping our regulators non-political

The executive director of the Revenue Group within the Federal Treasury, Rob Heferen, made a very important point to last month’s SPAA conference in Brisbane: any change ...

Financial planning

ASIC’s penalty structure lags globally

Australia’s corporate regulator is severely limited in the range and severity of penalties it can hand out for wrongdoing - particularly compared to the US and UK, a revi...

Editorial

ASIC’s planner education future

Mike Taylor writes that ASIC chairman Greg Medcraft has laid out how the regulator sees the future of financial planner education – and the challenge will be how the indu...

Proactive retention strategies needed on default funds

A senior Treasury official has suggested retail default funds may be best served by writing to members urging them to make a choice to retain their existing status....

Superannuation

40 applicants, but perceptions of conflict remain

As the Fair Work Commission president considers conflict of interest issues with respect to his specialist superannuation panel, it is revealed the Government had a choic...

People & Products

AMP chairman retires

Peter Mason retires after eight years as AMP chairman, to be replaced by Simon McKeon....

Financial planning

BOQ board grows to 10

BOQ appoints Ferrier Hodgson’s Bruce Carter to board....

People & Products

Morningstar’s CEO to head research strategy

Investment researcher Morningstar’s current chief executive officer Anthony Serhan will now be managing director of research strategy, Asia-Pacific for Morningstar’s glob...