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Showing 1301 - 1310 of 2863 results for "Standards"

ASIC lifts licence conditions on CountPlus subsidiary

KANIKA SOOD  |  MONDAY, 16 APR 2018
... industry. "ASIC acknowledges TFSA's cooperative approach to completing the remediation program and improving its compliance standards," ASIC said. TFS since initiated remediation with 522 clients and the matter is now resolved, according to TFS chief ...

AMP admits to serious misconduct in RC submissions

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... acknowledged it has engaged in conduct that it characterised as "possible misconduct or conduct falling below community standards and expectations." AMP made a series of acknowledgements of possible contraventions of the Corporations Act and the ASIC ...

CBA advice failures unacceptable: Comyn

DARREN SNYDER  |  FRIDAY, 13 APR 2018
... learn from what we hear." CBA has engaged EY to independently verify its current service delivery processes meet the standards the community and regulators expect. Following the review, CBA will provide a public update on the work completed to address ...

SG non-compliance declining: ATO

KARREN VERGARA  |  FRIDAY, 13 APR 2018
... with superannuation guarantee (SG) obligations, but latest ATO data shows there are still some breaching SuperStream standards. Over 2016-17, SuperStream processed 135 million contributions - about five million more than the prior corresponding period ...

FPA to fight latest FASEA proposals

JAMIE WILLIAMSON  |  THURSDAY, 12 APR 2018
More than 1700 of the FPA's membership have joined calls for the Financial Adviser Standards and Ethics Authority to take a more realistic approach to its development of professional standards. Just last week the FPA issued a questionnaire to its 13,700 ...

Chief economist update: RBA certain to raise interest rates

BENJAMIN ONG  |  THURSDAY, 12 APR 2018
... source of vulnerability, although the risks in this area are no longer building, following the strengthening of lending standards." I don't think anyone could argue with any or all of these assessments. But for the "fourth theme", 2017's expectations ...

AFA responds to 'disappointing' PJC life insurance report

KARREN VERGARA  |  WEDNESDAY, 11 APR 2018
... research into the segment comprehensively addressed by FoFA, the Life Insurance Framework and more recently professional standards legislation, the AFA said. The PJC has fundamentally failed to compare the cost of insurance, quality of benefits, claims ...

FASEA announces leadership transition

DARREN SNYDER  |  TUESDAY, 10 APR 2018
Financial Adviser Standards and Ethics Authority (FASEA) chief executive Deen Sanders is stepping down after about seven months in the role. An announcement on FASEA's website today said Sanders will continue his long-standing career in professional ...

ASIC disqualifies two SMSF auditors

ALEX BURKE  |  TUESDAY, 10 APR 2018
... auditors play a fundamental role in promoting confidence in the SMSF sector so it is crucial that they adhere to ethical standards and other requirements," ASIC commissioner John Price said. "ASIC will continue to take action where the conduct of SMSF ...

FASEA consultation could sway retirement outcomes

JAMIE WILLIAMSON  |  MONDAY, 9 APR 2018
... financial risks and challenges faced in retirement compared to the accumulation phase of super when consulting on its new standards. In a new position paper, Challenger has called for the development of a new retirement income framework, comprising more ...