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Showing 1091 - 1100 of 6073 results for "Commission"

ASIC opens consultation on scaled advice

ANNABELLE DICKSON  |  TUESDAY, 17 NOV 2020
The Australian Securities and Investments Commission (ASIC) is calling on financial advisers to provide feedback to its consultation paper on affordable scaled advice. As previously announced last month, ASIC's latest consultation paper, Promoting access ...

SEC chair to depart

ANNABELLE DICKSON  |  TUESDAY, 17 NOV 2020
The chair of the Securities and Exchange Commission (SEC) has announced his intention to depart at the end of 2021, ahead of his term. Jay Clayton has served as chair for over three years and has been one of the longest-serving chairs of the SEC. He ...

Vatican shakes up financial management

ELIZABETH MCARTHUR  |  MONDAY, 16 NOV 2020
... Nunzio Galantino and Father Juan Antonino Guerrero Alves attended the meeting. At the meeting, the Pope established the commission for transfer and control to facilitate the changes. The commission will be made up of Parra, Galantino and Alves.

RC recommendations closer to legislation

KARREN VERGARA  |  FRIDAY, 13 NOV 2020
A slew of regulation recommended by the Hayne Royal Commission to tighten the reigns in the superannuation industry will come into force with the introduction of a new bill. Introduced in Parliament on November 12, the Financial Sector Reform (Hayne ...

APRA eases hard caps in revamped executive pay

KANIKA SOOD  |  THURSDAY, 12 NOV 2020
... (revised CPS 511). The non-financial measures (like potential detriment to consumers) were a focus at the Banking Royal Commission, which eventually made three recommendations on the subject. What qualifies as "material" is not defined in the report ...

AIST pokes holes in Your Super, Your Choice

JAMIE WILLIAMSON  |  THURSDAY, 12 NOV 2020
... approach risks making outcomes worse for members that remain in the product, which is out of step with the Productivity Commission's recommendation that APRA take decisive action to oversee or direct a transfer of members to a better fund. And if the ...

Fiducian looks to gain from change

ELIZA BAVIN  |  THURSDAY, 12 NOV 2020
The ASX-listed financial advice group has said it expects ongoing change in the industry to enhance its opportunities to acquire new businesses, as it considers a pipeline of growth prospects. In an update to the ASX, Fiducian said a number of established ...

Invesco advances active non-transparent ETF

KARREN VERGARA  |  WEDNESDAY, 11 NOV 2020
... the final regulatory stage of having its active non-transparent ETF model approved. The US Securities and Exchange Commission (SEC) published a notice regarding the firm's exemptive application, "indicating its plan to grant the needed relief subject ...

Chief economist update: V for vaccine

BENJAMIN ONG  |  TUESDAY, 10 NOV 2020
It's beginning to look a lot like Christmas. Encouraging test results for a COVID-19 vaccine developed by Pfizer and BioNTech sent world equity markets from New York to Rio and ol' London town on the up and up and up. Pfizer and BioNTech are ...

MLC Super overhauls fees

KARREN VERGARA  |  MONDAY, 9 NOV 2020
... more," MLC told investors. "Any contribution fees investors pay will be removed. Any asset-based or contribution-based commission (if applicable) will stop." Among the many changes in the MLC MasterKey Unit Trust, the management fee for MLC Cash Fund ...