ASIC grants AFSL exemption to financial counselling agenciesWEDNESDAY, 17 DEC 2003 9:44AMThe Australian Securities and Investments Commission (ASIC) has announced it has granted conditional relief from the Australian Financial Services (AFS) licensing requirements to financial counselling agencies that provide financial product advice. |
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ASX to rejig corporate governance framework
|The ASX is looking to modernise eight core corporate governance principles, which include rejigging executive remuneration and board composition, to make them fit-for-purpose in the current environment in which ASX-listed entities operate in.
Rest calls for better alignment in default options
|Rest conducted a survey addressing concerns around the ambiguity of standardised investment options and product labels.
KPMG finds new chief executive
|The embattled consulting firm has named a new chief executive, choosing to promote from within after former chief executive Andrew Yates stepped down in June in the wake of the whistleblower scandal.
HSBC appoints structured finance chief
|HSBC Australia and New Zealand have appointed a former Deutsche Bank executive as head of structured finance.
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Featured Profile
Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
