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Showing 1091 - 1100 of 2860 results for "Standards"

FASEA confirms code of ethics standard

HARRISON WORLEY  |  TUESDAY, 12 FEB 2019
... said its period of consultation resulted in aspects of the code being clarified, with the code's underlying values and standards around conflicts now amended. Additionally, amendments have been made around the best interests of the client, effects of ...

ACSA creates managed fund taskforce

HARRISON WORLEY  |  MONDAY, 11 FEB 2019
... industry taskforce to help address what it deems "systemic" obstacles in servicing managed funds and encourage more standards and automation in the local market. ACSA said that in surveying the market it found there was wide-spread belief more could ...

Hayne report raises professionalism stakes

JAMIE WILLIAMSON  |  MONDAY, 11 FEB 2019
... the cases outside ASIC's remit, the body could impose sanctions on advisers who fail to meet the new professional standards - or risk losing their registration. "There's more on the line for the adviser and one can assume that they will be more ...

Chief economist update: Euro contagion redux?

BENJAMIN ONG  |  FRIDAY, 8 FEB 2019
... Germany (due to soft private consumption, weak industrial production following the introduction of revised auto emission standards, and subdued foreign demand); Italy (due to weak domestic demand and higher borrowing costs as sovereign yields remain ...

FASEA makes adviser exam adjustments

JAMIE WILLIAMSON  |  THURSDAY, 7 FEB 2019
The Financial Adviser Standards and Ethics Authority released the final legislative instrument for the financial adviser exam, revealing several concessions to be introduced. In clarifying the content of the exam, topic of Financial Adviser Regulatory ...

Equity investors will struggle in 2019: Baur

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... is accelerating, especially for low-wage employees whose pay are growing at 4% (minus 2% for inflation). That means standards of living and inflation-adjusted income are rising at a rate they have not been in a long time, he said. Baur sees low-wage ...

APRA could oversee stalled super fund mergers

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
... their fundamental obligation to act in the best interests of members. In doing so, their conduct fell below community standards and expectations," Hayne noted in the final report's case studies. The Commissioner stopped short of commenting on the board ...

Conflicts of interest recommendation falls short

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... architecture underpinning our system is strong and that the best interests covenant, and sole purpose test, set high standards for trustees operating superannuation funds." Fahy said it will be important to work through each of the recommendations carefully ...

Misconduct must end: Frydenberg

DARREN SNYDER  |  MONDAY, 4 FEB 2019
... protections for consumers, small business and rural and remote communities." "Second, they raise accountability and governance standards. Third, they enhance the effectiveness of regulators. Fourth, they provide for remediation for those harmed by misconduct," ...

Hayne recommends new regulatory overseer

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
... of superannuation. The Commissioner recommended APRA should be responsible for establishing and enforcing prudential standards within superannuation, with the regulator called on to ensure financial promises made by superannuation entities APRA supervises ...