chief executive

Financial planning

Westpac has posted a solid six-month performance with wealth management making a key contribution....

Superannuation

Temporary CGT relief not enough for super funds

The Government has announced a three-month extension of the capital gains tax (CGT) rollover relief for merging superannuation funds, but at the same time ruled out the p...

Financial planning

Vow Financial forms new financial planning firm

Mortgage aggregator Vow Financial has entered the financial services sector to help brokers "quarantine" their clients against financial planners, according to chief exec...

Funds management

ANZ looks to wealth management

ANZ looks to wealth management as part of its growth strategy after recording a solid first half....

Funds management

Realindex adds emerging markets fund

Realindex Investments has added an emerging markets fund, which re-weights stocks according to their economic footprint....

Financial planning

Zurich exiting Lonsec

Zurich is entertaining bids for Lonsec as it looks to exit ownership of the research and ratings house....

Financial planning

Industry urged to develop own commission model

Tower chief executive Jim Minto urges industry to be proactive in developing a model acceptable to Government....

Financial planning

BT posts solid half-year

BT Investment Management has posted a solid half-year, recording a 10 per cent rise in profit....

Policy & Regulation

IPA calls for genuine tax reform

The Institute of Public Accountants has called for a genuine look at detailed tax reform, including a revisiting of the complexities of the capital gains tax, in this yea...

Financial planning

Key industry fund partners with planner groups

AustralianSuper declares initial success in trial involving partnership with key planner groups....

Policy & Regulation

Risk commission ban key area of FOFA concern

A ban on risk commissions within superannuation has been one of the main areas of concern resulting from the Government's FOFA package....

Financial planning

Pre-existing volume rebates to be grandfathered

The Financial Services Council has confirmed transitional arrangements on volume rebates involving the grandfathering of those existing before 30 June, 2012....

Superannuation

Govt bans super risk commissions, imposes two year opt-in

The Federal Government’s Future of Financial Advice reforms have banned all risk commissions in super and volume rebates at the same time as imposing a two-year opt-in on...