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Showing 1351 - 1360 of 4024 results for "January"

ASIC approves AFCA rules change

ELIZABETH MCARTHUR  |  TUESDAY, 18 JUN 2019
... to provide access to the AFCA scheme for consumers and small businesses harmed by financial misconduct as far back as January 2008. AFCA will be able to deal with certain complaints about misconduct which it could not previously deal with. AFCA's new ...

ASIC FAR, advice industry contract

JAMIE WILLIAMSON  |  MONDAY, 17 JUN 2019
... are 27,108 active financial advisers in Australia, Rainmaker analysis of latest ASIC FAR data shows. At its height in January 2019, there were 28,863 advisers registered with ASIC. The figures show about 1755 financial advisers have dropped off the register ...

New AFCA remit not enough: Law firm

KANIKA SOOD  |  MONDAY, 17 JUN 2019
... February, the Federal Government expanded AFCA's remit to give it the power to review eligible financial complaints from 1 January 2008 onwards for the twelve months that start on July 1. AFCA chief executive David Locke said in most cases, the body ...

ANZ cleared of $50m fee bungle

KANIKA SOOD  |  FRIDAY, 14 JUN 2019
... detect and remediate when document annual reviews are not delivered. It had provided the documented annual reviews from January 2014 to March 2018 to required clients and is expecting to complete remediation by mid-July for 1410 instances where annual ...

Approved diplomas, bridging courses confirmed

JAMIE WILLIAMSON  |  FRIDAY, 14 JUN 2019
... approved list of bridging courses and graduate diplomas gives advisers a clear pathway to meet the education standard by 1 January 2024," FASEA chief executive Stephen Glenfield said. FASEA said the approval of the courses concludes a significant number ...

Fund manager exits global debt, chief resigns

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2019
... continuing as a part-time consultant," Ohlsson said. Ohlsson joined SIAL in November 2016 and was named chief executive in January 2017. In the years prior he founded and led InvestCap and spent three years as chief executive of Tibra Investment Management. ...

Commonwealth FP completes EU compliance

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 JUN 2019
... material changes to its systems, controls and processes and has implemented a response to the fees for no service conduct. In January this year Commonwealth Financial Planning was required by ASIC to immediately stop charging or receiving ongoing service ...

Former Futuro adviser charged with theft

ELIZABETH MCARTHUR  |  TUESDAY, 11 JUN 2019
... this month. Smith is facing a maximum penalty of 15 years in prison for each offence. ASIC permanently banned Smith in January last year, saying that he was not of good fame or character. In its initial banning, ASIC alleged Smith had stolen $278,042 ...

Chief economist update: Oil market slides from bull to bear

BENJAMIN ONG  |  FRIDAY, 7 JUN 2019
... Crude oil prices have dropped, turning this year's bull market into a bear market. Oil prices rallied nearly 50% from January to April this year on the back of the Fed's pause; China's stimulus measures and expectations of continued easy ...

Chief economist update: The Budget surplus can wait

BENJAMIN ONG  |  THURSDAY, 6 JUN 2019
... tariff wars, the World Bank's recent downgrade to its global GDP growth forecasts - 2.6% in 2019 (down 0.3 pps from its January predictions) and 2.7% in 2020 (down 0.1 pps) - the details of the March quarter Australian National Accounts are indeed ...