The latest issue of Financial Standard now available as an e-newspaper

READ NOW

Search Results

Showing 121 - 130 of 515 results for "Powers"

Key Treasury initiatives outlined

JAMIE WILLIAMSON | TUESDAY, 11 MAY 2021

... within budget documents are several steps the government will take to further boost our financial system, including greater powers for regulators and $11.2 million to enhance super fund member outcomes. While far from the headline measures introduced ...

Government opens consultation on key advice reforms

JAMIE WILLIAMSON | MONDAY, 19 APR 2021

... single disciplinary body does not change ASIC's ability to impose banning orders, however ASIC may delegate its banning powers to the FSCP, a Q&A on the draft legislation reads. The draft legislation also introduces a new annual registration system ...

ASIC releases fee consent instrument

ELIZABETH MCARTHUR | THURSDAY, 25 MAR 2021

... industries and ensuring customers receive the information that is relevant to them," the regulator said. "ASIC does not have powers to provide exemptions from the new advice fee consents and independence disclosure requirements or to modify how the requirements ...

Admin fees could balloon from BFID

KARREN VERGARA | TUESDAY, 16 MAR 2021

... members and any future spending will continue to have to pass that test. "But we are concerned with new regulatory-making powers that would allow the government to ban fund activity and investment even if it is in the best financial interest of members. ...

APRA closes Westpac probe

ELIZA BAVIN | FRIDAY, 12 MAR 2021

... actions to rectify and remediate the issues after they were identified. In June last year, APRA delegated certain enforcement powers under the Banking Act to ASIC, which was conducting its own investigation into whether the conduct giving rise to the ...

T. Rowe Price hires ETF consultant

KANIKA SOOD | THURSDAY, 11 MAR 2021

The global funds management giant, which does not have an ETF business in Australia, has hired the former boss of an ETF issuer as a consultant. Kris Walesby was the chief executive of ETF Securities for nearly five years, before his sudden departure ...

ASIC zeroes in on bad SMSF advice, conduct

KARREN VERGARA | TUESDAY, 23 FEB 2021

... hunt down perpetrators that give bad advice to self-managed super funds, sounding a warning that it is flexing its new powers in superannuation. ASIC commissioner Danielle Press told the recent SMSF Association's National Conference via video link ...

Continuous disclosure laws to stay

KARREN VERGARA | WEDNESDAY, 17 FEB 2021

... or provide guidance updates without facing the undue risk of class actions." At the time, Frydenberg used his emergency powers to allow public companies to confidently provide earnings guidance, and other forward-looking statements in light of COVID-19 ...

ASIC to take targeted approach with PIP

ELIZA BAVIN | WEDNESDAY, 17 FEB 2021

ASIC commissioner Sean Hughes said the government's Product Intervention Powers (PIP) will allow the regulator to take a targeted, calibrated and less prescriptive approach to regulation. Speaking at the Australian Finance Industry Association Risk ...

IFM to acquire energy company

KARREN VERGARA | WEDNESDAY, 3 FEB 2021

... billion. QIC consortium partner Ullico meanwhile have acquired 100% of Enwave Energy US, the American unit of the group which powers more than 400 buildings across the country. The combined transaction is worth US$4.1 billion. Based in Toronto, Enwave ...

PAGE:

Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

Videos

Brought to you by

A guaranteed future

Follow the leaders

Global economic outlook and the case for local currency emerging market debt: Resilience, risk, and opportunity

Maintaining a fundamental focus in a world obsessed with the short term

The market has changed. The opportunity hasn't.

SMILE through retirement - tackling the top 5 (Sequencing, Market, Inflation, Longevity, Emotion) retirements risks

Strength amid noise

MORE VIDEOS

Products

'Guide To' Series

Pocket investment guides featuring adviser case studies and a glossary.

MORE INFO

Publisher's Forum

Investing trends and strategies from the industry’s thought leaders.

MORE INFO

Product Showcases

Putting the spotlight on investment products that matter.

MORE INFO

Expert Feed

Christian Mueller-Glissmann

Head of Asset Allocation Research

Goldman Sachs

When geopolitics becomes a portfolio risk

Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.

READ MORE

Tania Milnes

General Manager Membership

Financial Advice Association Australia

Does association membership still matter?

With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...

READ MORE