Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 121 - 130 of 3111 results for "Reporting"

Netwealth relaunches Wealth Accelerator

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2023
... many advice firms in managing these sometimes-time-consuming assets," he said. "Wealth Accelerator's enhanced tax reporting capabilities simplify end-of-year reporting for financial advisers, helping them meet regulatory, accounting, and tax obligations. ...

Adviser levy tripled, labelled "deeply unfair"

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... financial year in the advice space that the regulator highlighted related to the design and distribution obligations, breach reporting, cyber and operational resilience, unlicensed advice, adviser registration, administration of the adviser exam, the ...

Trustees must do better on account consolidation: ASIC

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... inadequate treatment of duplicate accounts across the trustees' funds. "By comparison, trustees that implemented robust reporting, review and auditing procedures demonstrated better practice. For example, one trustee required monthly reports from their ...

Jones lifts adviser levy freeze, updates funding model

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... relates to improving the framework and how certain costs are recovered, while the others direct ASIC to streamline its reporting, transparency and consultation remit. Overall, the review found that the current settings of the ASIC industry funding model ...

Government cracks the whip on multinationals

ANDREW MCKEAN  |  MONDAY, 26 JUN 2023
... better with commercial arrangements, including those concerning trust structures, he added. Further, from July 1, new reporting obligations will require Australian public companies, both listed and unlisted, to disclose subsidiary information in their ...

Large AFSLs lead advice complaints: AFCA

KARREN VERGARA  |  THURSDAY, 22 JUN 2023
... oversees lesser offences and can issue warnings or reprimands; order mandatory training, supervision, counselling or reporting; and suspend or cancel registrations. It can also issue an infringement notice or recommend that ASIC apply to the court for ...

Labor advances super performance test changes

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... completed based on actual fees charged or actual net returns received by the member. "It would also be based on new reporting by super funds that has not yet been subject to audit and quality assurance. There is a real risk the performance test results ...

Treasury mandates APRA consider climate risks in duties

RACHEL ALEMBAKIS  |  FRIDAY, 9 JUN 2023
Treasury has released an updated statement of expectations for APRA which includes the adoption of climate reporting standards by super funds, banks and insurers. "For the first time, the government is explicit in requiring the regulator to consider ...

Former QIC exec now OMERS risk chief

ELIZABETH FRY  |  FRIDAY, 9 JUN 2023
... risk specialist has been named the Ontario Municipal Employee Retirement System's (OMERS) new chief risk officer, reporting to the Canadian pension fund's chief executive Blake Hutcheson. Joining OMERS in 2020, Deb Barnes has been promoted to ...

Super fund ESG options underweight BHP, overweight CSL

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023
... should be overlaid with how the Safeguard Mechanism works, ASIC's greenwashing crackdown and other enhanced ESG reporting initiatives." Dunnin said super funds have by and large done an "extraordinary job assembling their portfolio holdings disclosures." ...