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Showing 1231 - 1240 of 3210 results for "Power"

ASIC prepares to be primary super conduct regulator

ELIZABETH MCARTHUR  |  THURSDAY, 12 SEP 2019
ASIC commissioner Sean Hughes has made it clear the regulator is already positioning itself to be the primary conduct regulator in superannuation. Speaking at a Risk Management Association Australia event yesterday, Hughes said ASIC's role in regulating ...

Consultation opens on new ASIC powers

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 SEP 2019
Treasury has released draft legislation on enhancing ASIC's powers, including allowing the regulator to tap the phones of those under investigation. The new legislation follows on from the ASIC Enforcement Review Taskforce which made a number of recommendations ...

Calls to give ASIC power to repair reputations

ELIZA BAVIN  |  WEDNESDAY, 11 SEP 2019
A prominent lawyer has argued ASIC should be given the power to issue "no action letters" to those not under formal investigation for wrongdoing following the Royal Commission. Philip Crutchfield, QC, who previously acted for the corporate watchdog ...

AFCA ombudsman addresses adviser concerns

KRISTI CHENG  |  TUESDAY, 10 SEP 2019
AFCA ombudsman Shail Singh has addressed common adviser concerns regarding the authority's introduction of legacy complaints. Speaking at a recent Financial Planning Association of Australia event, Singh said AFCA will apply the standard of the relevant ...

Beware dodgy auditors, sudden CFO moves: Plato

ELIZABETH MCARTHUR  |  THURSDAY, 5 SEP 2019
Retirement income specialist investment manager Plato Investment Management has hinted at its proprietary system for monitoring the red flags that might indicate a company's share price is about to tank. Plato has created a system for monitoring more ...

Values trump value for retail investors

HARRISON WORLEY  |  THURSDAY, 5 SEP 2019
Values are driving the decision-making of Australian retail investors, according to KPMG. Latest findings from the global consultancy's research arm KPMG Acuity show Australian retail investors are more concerned about values than perhaps was previously ...

Vote in the FS Power50 now

JAMIE WILLIAMSON  |  THURSDAY, 5 SEP 2019
... change and uncertainty the advice community is facing, there are so many that are going above and beyond to demonstrate the power of advice." Voting for this year's FS Power50 closes on September 27. To cast your vote, click here.

APRA updates enforcement approach

KRISTI CHENG  |  WEDNESDAY, 4 SEP 2019
APRA says its new enforcement approach goes beyond taking stronger action earlier, clarifying when and how it will publicise the actions it takes. Outlining how it will increase transparency and take stronger action against misbehaving institutions ...

Powerwrap posts strong first result

HARRISON WORLEY  |  TUESDAY, 3 SEP 2019
Powerwrap's first full year results as a listed company have exceeded the forecasts listed in its prospectus. The high net-worth platform provider excelled in a number of areas in its first full year results since listing, beating its prospectus forecasts ...

APRA slaps traffic light ratings on super funds

KARREN VERGARA  |  TUESDAY, 3 SEP 2019
... members' best interests. "Where trustees fail to respond appropriately, APRA will not hesitate to use its new directions power to protect the interests of superannuation members." Separately, APRA confirmed Prudential Standard SPS 515 Strategic Planning ...