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Showing 1311 - 1320 of 4024 results for "January"

The end of grandfathered commissions

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 SEP 2019
... leave Australians worse off. Passing yesterday, the legislation will see the banning of grandfathered commissions from 1 January 2021. Responding, the Association of Financial Advisers (AFA) has argued thousands of clients will be worse off without grandfathered ...

AFCA ombudsman addresses adviser concerns

KRISTI CHENG  |  TUESDAY, 10 SEP 2019
... to have "taken any other step at the time the advice is provided that is in the best interests of the client". From 1 January 2020 onwards, FASEA's code of ethics standard will be applied in addition to the previous requirements. Additionally, Singh ...

IFM Investors executive departs

KANIKA SOOD  |  MONDAY, 9 SEP 2019
... filed a claim with the UK Employment Tribunal earlier this year, alleging sexual harassment against Michel-Verdier. Her January claim said Michel-Verdier made sexual comments to her in a Madrid nightclub last year and invited her to his room, the Australian ...

UniSuper hires from Janus Henderson

KANIKA SOOD  |  TUESDAY, 3 SEP 2019
... June. His area of focus is global resources and energy sectors, reporting to UniSuper's head of equities Simon Hudson. In January, Janus Henderson started winding up its Australian equities funds which were run by an investment team of five who were ...

APRA slaps traffic light ratings on super funds

KARREN VERGARA  |  TUESDAY, 3 SEP 2019
... drive improvements in the outcomes all RSE licensees deliver for their members," she said. SPS 515 will take effect on 1 January 2020. On August 28, APRA released a final version of prudential practice guide SPG 515 Strategic and Business Planning to ...

Government extends FASEA deadlines

KARREN VERGARA, JAMIE WILLIAMSON  |  FRIDAY, 30 AUG 2019
... Financial Technology Jane Hume announced new requirements for advisers registered on the Financial Adviser Register as of 1 January 2019. These advisers have been given an additional year - by 1 January 2022 - to complete the FASEA-approved exam. Advisers ...

Future Fund returns 11.5%, crosses $160bn

KANIKA SOOD  |  WEDNESDAY, 28 AUG 2019
... and return for superannuation options. The fund started in June 2018 as moderately defensive, increased risk levels in January and moved to a more neutral positioning during the second half, chief executive David Neal said. Asset allocation at June end ...

CommInsure sale stalls, sold for discount

KARREN VERGARA  |  FRIDAY, 23 AUG 2019
... governance in Carmel Mulhern, and a group executive of program delivery in Scott Wharton. Mulhern will commence in the role in January 2020, joining from Telstra where she is currently group general counsel and group executive of legal and corporate ...

ASIC bans SMSF business director

HARRISON WORLEY  |  THURSDAY, 22 AUG 2019
... financial advisers. The review comes on the back of the government's commitment to end grandfathered commissions by January 2021.

ASIC to review end of grandfathering

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 AUG 2019
... arrangements for financial advisers. Announced today, the review follows the government's commitment to end the practice by January 2021. ASIC said it will review the steps already taken by the industry to end grandfathering and conflicted remuneration ...