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Showing 1451 - 1460 of 2865 results for "Standards"

Royal Commission unnecessary: FSC

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2017
... industry has much to be proud of and the introduction of a life insurance code that significantly lifts accountability standards, service and protection for consumers is one testament to this. Officially launching today, the asset stewardship standard ...

Advice requires customisation: Research

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2017
... matters in the adviser's hands, while others play the role of a motivator much like a fitness coach. Financial Adviser Standards and Ethics Authority (FASEA) director and Integra Financial Services managing director, Deborah Kent, also spoke at the conference ...

Flashes: activity expansion and moderating inflation

BENJAMIN ONG  |  TUESDAY, 25 JUL 2017
... months, but with a reading of 55.8 in July (up from 56.3 in June), "the index remained at an elevated level by historical standards and signaled one of the strongest expansions seen over the past six years", according to Markit. The flash manufacturing ...

Asset managers held to higher standard: FSC

EMMA RAPAPORT  |  THURSDAY, 20 JUL 2017
... Stewardship Standard. The Standard, administered by the Financial Services Council (FSC), will work to ensure higher standards across the industry by requiring asset managers to publically disclose their internal governance policies, their purpose, values ...

FOFA breach sees former adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2017
... improving conduct in the wealth management industry and we will act to remove individuals who do not live up to the high standards expected of financial advisers," ASIC commissioner John Price said. ASIC said the banning should serve as a reminder to ...

APRA sets new capital target for the big four

ALEX BURKE  |  WEDNESDAY, 19 JUL 2017
... about 40% of the stock of residential mortgage lending. APRA said this was "quite high by international and historical standards" and said ADIs would need to immediately take steps to reduce this figure to below 30%. It also follows pressure on banks' ...

Association launches retirement savings research hub

JAMIE WILLIAMSON  |  TUESDAY, 18 JUL 2017
... priority will be to advance the technological architecture of the SMSF sector by providing an industry hub to develop data standards for SMSFs and new applications of information technology to SMSF administration. This will pull together SMSF businesses ...

AFA collaborating for education framework rethink

JAMIE WILLIAMSON  |  FRIDAY, 14 JUL 2017
... to better understand and ultimately redefine what makes a great financial adviser. The AFA said the Financial Advice Standards and Ethics Authority (FASEA) demonstrates an opportunity to reimagine an education pathway, reflective of what consumers' value ...

Dovish Fed, hawkish BOC

BENJAMIN ONG  |  THURSDAY, 13 JUL 2017
... the fed funds rate "remains somewhat below its neutral level... the neutral rate is currently quite low by historical standards" and therefore, "the federal funds rate would not have to rise all that much further to get to a neutral policy stance." It ...

Xero seeks global growth, director steps down

EMMA RAPAPORT  |  WEDNESDAY, 12 JUL 2017
... Partnering with more than 140 financial and fintech organisations, Xero will seek to collaborate on innovation and data share standards, adding resources to its global team and building relationships with financial institutions including Australia's ...