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Showing 1191 - 1200 of 4964 results for "Practice"

OnePath to remediate over pressure selling

ELIZABETH MCARTHUR  |  MONDAY, 12 JUL 2021
... compensation to tens of thousands of consumers who have suffered harm," ASIC deputy chair Karen Chester said. "Better industry practice and improved consumer outcomes followed ASIC's deep dive review of direct sales of life insurance in 2018 and three ...

Lifespan appoints compliance lead

KARREN VERGARA  |  MONDAY, 12 JUL 2021
... hired several senior roles this year, including Brian Long who sits on the investment committee, in a bid to boost its practice development, governance, investment research and managed accounts offering. Lifespan chief executive Eugene Ardino said the ...

Class launches SMSF auditor tool

ANNABELLE DICKSON  |  MONDAY, 12 JUL 2021
... of Ethics for Professional Accountants, SMSF audits can only be done by an independent auditor therefore an accounting practice cannot offer accounting and auditing to the same SMSF client. "The enhancement of the auditor independence requirements will ...

ASIC review of ESG products underway

JAMIE WILLIAMSON  |  THURSDAY, 8 JUL 2021
The corporate regulator has confirmed it is undertaking a review of ESG funds, analysing whether they're as 'green' as they claim to be. Writing on the aims of the review, ASIC commissioner Cathie Armour said there is growing anxiety as to the risks ...

ASIC looks to tighten crypto ETP oversight

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JUN 2021
... expectations, with the regulator particularly interested in identifying suitable cryptoassets for such products and ensuring good practice in terms of pricing and risk management. Consultation Paper 343 also covers listed investment companies, listed ...

Connectus acquires fifth practice

KARREN VERGARA  |  WEDNESDAY, 30 JUN 2021
Global financial advice firm Connectus Wealth Advisers continues its Australian expansion strategy, announcing it will acquire its fifth wealth management firm in less than a year. Connectus has entered into a definitive agreement to acquire New South ...

Fitzpatricks bolsters Victorian presence

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 JUN 2021
Fitzpatricks Private Wealth has appointed a Victorian regional manager to expand its presence in the state. Daniel Proietto will step into the position, after most recently working as an independent business consultant, advising investment managers ...

Stonehouse acquires risk advice firm

KARREN VERGARA  |  MONDAY, 28 JUN 2021
... long-serving risk adviser who will leave the industry to pursue other interests. Financial adviser Greg Owen has sold his practice GJO Financial Services for an undisclosed amount to Jeremy Chiel, a partner at Sydney-based Stonehouse. GJO Financial Services ...

MSCI reviews emerging market classifications

ELIZABETH MCARTHUR  |  FRIDAY, 25 JUN 2021
MSCI has published its latest market classification review, with Argentina and Pakistan no longer considered emerging markets. The MSCI Argentina Index has been moved from 'emerging' to 'standalone' market status. A reclassification to 'standalone' ...

Westpac backs out of NZ demerger plans

ANNABELLE DICKSON  |  THURSDAY, 24 JUN 2021
Westpac has decided to retain its New Zealand business after reviewing the feasibility of the 160-year-old division and the impact of increased capital requirements. In March, the bank flagged that it was in early stages of reviewing Westpac New Zealand ...