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Showing 1421 - 1430 of 6588 results for "Review"

Residential property demand to weaken

KARREN VERGARA  |  MONDAY, 24 JAN 2022
... widespread defaults and selling, or a big oversupply of properties," he said. CoreLogic's Quarterly Auction Market Review shows 42,918 properties went to auction across capital cities in fourth quarter of 2021, an 85.1% increase from the previous ...

ASIC reviews ETP naming conventions

KARREN VERGARA  |  FRIDAY, 21 JAN 2022
... specific risks or strategies. The role of licensed exchanges authorised in admitting ETPs for quotation is also up for review. Considering the proposal, ASIC released yesterday Consultation Paper 356 ETP naming conventions: Updates to INFO 230. ASIC ...

Financial watchdog warns on crypto

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
In a public statement this week, the Australian Securities and Investment Commission ( ASIC) has issued a warning urging self-managed super funds (SMSFs) to consider the risks of cryptocurrency investments. The corporate regulator said that it had noticed ...

Sequoia Financial Group acquires legal practice

CHLOE WALKER  |  MONDAY, 10 JAN 2022
Sequoia Financial Group (Sequoia) has announced the acquisition of the incorporated legal practice previously known as Topdocs Legal (TDL), now renamed Docscentre Legal (DCL). Boosting its professional services division, Sequoia has paid $330,000 for ...

ASIC bans adviser for two years

CHLOE WALKER  |  WEDNESDAY, 22 DEC 2021
... financial services for two years. Betalli has been banned from providing financial services for two years. Following a review by the corporate regulator, Betalli, who was authorised by HNW Planning, was found to have failed to provide advice that was ...

FASEA defers Standard 3 amendment to ASIC

KARREN VERGARA  |  TUESDAY, 21 DEC 2021
The Financial Adviser Standards and Ethics Authority is deferring the amendments to Standard 3 to ASIC because the industry could not agree on a better alternative. FASEA floated the idea of amending Standard 3 in November, which currently states: "You ...

Magellan loses significant mandate

ELIZABETH MCARTHUR  |  MONDAY, 20 DEC 2021
... Magellan was the only Australian fund manager St James' Place offered its UK clients access to. The Australian Financial Review reported that Magellan's mandate from St James' Place was worth approximately $18 billion. The UK wealth manager has been ...

EISS Super finds merger partner in Cbus

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... of 2022. It was also told it must also adopt better expenditure processes and greater board oversight of expenditure and review its expenditure and cease sponsorship arrangements and other arrangements that are not in members' best interests. The ...

FSC releases two new standards

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... occupational exclusions and restrictive definitions. The transition period is expected to take one year. The FSC will undertake a review three years after it commences. "This standard demonstrates that when policy settings change, the life insurance ...

Government backflips on adviser education

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
... businesses." Yesterday, the government released for consultation the draft terms of reference for the Quality of Advice Review, which will consider how the regulatory framework could make financial advice more affordable. Hume said the review will aim ...