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Showing 1401 - 1410 of 3405 results for "Response"

APRA updates enforcement approach

KRISTI CHENG  |  WEDNESDAY, 4 SEP 2019
... to ensure the data we collect remains fit for purpose." The Enforcement Approach was published in April this year in response to the Enforcement Review, which made seven recommendations designed to help APRA better leverage its enforcement powers to ...

Chief economist update: This land is ours

BENJAMIN ONG  |  MONDAY, 2 SEP 2019
Five months and one day. This is the latest count since Hong Kongers started marching on the streets of China's Special Administrative Region (SAR) - on March 31 - protesting the withdrawal of the extradition bill proposed by China's "hand-picked" ...

Risk commissions must be retained: MetLife

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2019
... their responses to an average of between $1700 and $1900 - still well below the actual likely cost. Lippiatt said the response demonstrates just how vital it is that commissions be retained. The research also found clients who have had a review within ...

Beware adviser conflicts of interest: Lonsec

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
... to acquire investment management rights from those groups who wish to "de-conflict" their business," Nejasmic said. In response to Financial Standard enquiry, a spokesperson from ASIC explained that the regulator expects advisers to be able to prove ...

Treasurer moves on broker remuneration

ELIZABETH MCARTHUR  |  TUESDAY, 27 AUG 2019
... best interests duty for mortgage brokers and seek to reform broker remuneration. It is the next step in the government's response to the Royal Commission, releasing draft legislation is in response to recommendation 1.2 which recommended mortgage brokers ...

Chief economist update: Trump should read Frank

BENJAMIN ONG  |  MONDAY, 26 AUG 2019
... Fed chairman Jerome Powell admitted as much at the Hole. "There are, however, no recent precedents to guide any policy response to the current situation. Moreover, while monetary policy is a powerful tool that works to support consumer spending, business ...

Government should intervene in BOLR changes: Opposition

JAMIE WILLIAMSON  |  FRIDAY, 23 AUG 2019
... opposition Daniel Mookhey asked minister for finance and small business Damien Tudehope what steps the government has taken in response to AMP advisers facing financial hardship. After initially misinterpreting the question as being about insurance policies ...

Peak bodies respond to government roadmap

KRISTI CHENG  |  TUESDAY, 20 AUG 2019
... subject to the legislative process. AIST chief executive Eva Scheerlinck was particularly critical of the government's response to the recommendation to end grandfathered conflicted remuneration, and said it was "disappointing, having fallen short on ...

Frydenberg flags new advice disciplinary system

HARRISON WORLEY  |  MONDAY, 19 AUG 2019
... Frydenberg said the need for change was undeniable, and noted the community's expectation that the government's response to the Royal Commission is implemented swiftly. He added more than 20 government commitments would be implemented or have ...

AMP advice lead rejects AMPFPA claims

JAMIE WILLIAMSON  |  MONDAY, 19 AUG 2019
... recurring revenue for their practices upon retirement to now receive a multiple consistent with current market conditions. In response, the AMP Financial Planning Association said it would challenge the changes, saying AMP had failed to consult with ...