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Showing 1361 - 1370 of 2864 results for "Standards"

ASIC puts corner-cutting advisers on notice

JAMIE WILLIAMSON  |  MONDAY, 22 JAN 2018
... obligation to comply with the law and taking short cuts that jeopardise an account holder's wishes does not meet the standards expected by ASIC, the regulator said. In June 2017, the Finance Sector Union of Australia called out NAB Financial Planning ...

ASIC bans ex-CBA adviser for five years

KARREN VERGARA  |  THURSDAY, 18 JAN 2018
... group to suffer a financial loss. ASIC has banned 40 advisers since October 2014 as part of a crackdown to lift the standards of major financial advice providers under the Wealth Management Project.

Two FSC senior policy managers depart

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2018
... advocacy on retirement income policy and opening the market for retirement income products. He also helped raise governance standards in the superannuation industry, promote competition in the default superannuation market, as well as put taxation arrangements ...

IOOF recruits former Australian Unity executive

JAMIE WILLIAMSON  |  TUESDAY, 16 JAN 2018
... Australian Unity Wealth has joined IOOF. Mark Horton Andrews has taken on the newly created role of head of adviser standards, client care and retention as of this week. The Melbourne-based position was created as an expansion of the existing client ...

CFA Australia recruits industry veterans

KARREN VERGARA  |  TUESDAY, 16 JAN 2018
... director at Cbus and QIC, joins as chair of CFA Societies Australia's Advocacy Council. The council backs professionalism standards encompassing compliance, competency and ethics across the Australian financial services industry. It aims to use the collective ...

AFA to launch investigation into adviser misconduct

JAMIE WILLIAMSON  |  FRIDAY, 22 DEC 2017
... in regards to SMSF advice, while Cannon and Pianta were both found to have provided risk advice that did not meet the standards required of a financial adviser and did not comply with financial services law. As a result, Fraser is banned from providing ...

FSC finalises life insurance APL guidelines

ALEX BURKE  |  FRIDAY, 22 DEC 2017
... Loane said: "The Life Insurance Code of Practice demonstrates the life insurance industry's commitment to improving standards and strengthening consumer protections. This document is a clear declaration of the level of service consumers can expect from ...

Government expert panel hands down proposed education standards for existing advisers

JAMIE WILLIAMSON  |  THURSDAY, 14 DEC 2017
Under the proposed standards released today by the Financial Adviser Standards and Ethics Authority, all existing advisers will be required to make a choice between several different education pathways -and some of their current qualifications may fail ...

APRA unveils proposed RSE reform package

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2017
... value-for-money outcomes. APRA's proposals, supported by our ongoing supervisory focus, will help RSE licensees lift their standards for the long-term benefit of their members." She added the proposed reforms reflect APRA's ongoing efforts to encourage ...

Super and insurance inquiry necessary: Poll

KARREN VERGARA  |  MONDAY, 11 DEC 2017
... Government said it will inquire into the use of superannuation members' retirement savings that "does not meet community standards and expectations or is otherwise not in the best interest of members" and specifically look at particular culture and governance ...