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Showing 1611 - 1620 of 2866 results for "Standards"

Adviser commission reforms pushed back

JAMIE WILLIAMSON  |  WEDNESDAY, 5 OCT 2016
... AFA on behalf of self-employed financial advisers to ensure that direct sellers of life insurance measure up to the standards expected of professional members of the AFA under the life insurance reforms," Fox said. The AFA is also currently lobbying ...

Super guarantee of 12pct a mistake

KERRIE SYDEE  |  TUESDAY, 4 OCT 2016
... noting higher compulsory contributions will be ultimately be funded by lower wages, which would translate to lower living standards for workers. "If we project forward the retirement income for a median income earner working for 40 years, and account ...

Universities must prepare for adviser reforms: FPA

KERRIE SYDEE  |  THURSDAY, 29 SEP 2016
... Australia is calling on universities and other education providers to develop new programs ahead of the looming professional standards deadline. In partnership with the Financial Planning Education Council (FPEC), the FPA is working with universities ...

Former Westpac adviser banned

JAMIE WILLIAMSON  |  TUESDAY, 27 SEP 2016
... our customers and our ASIC reporting obligations very seriously and we do not tolerate advisers who do not meet our standards." ASIC deputy chairman Peter Kell said: "This outcome shows that ASIC expects employees who are providing financial services ...

Super fund investment transparency can improve

DARREN SNYDER  |  FRIDAY, 23 SEP 2016
... it is only disclosed by a small number of funds. "Though the industry claims to support the improvement of disclosure standards, the reality shows this is manifestly not the case. Australians have a right to know where our money is invested and transparency ...

ASIC drops proceedings against two former directors

KERRIE SYDEE  |  THURSDAY, 22 SEP 2016
... to use its power to disqualify approved SMSF auditors that don't perform their role adequately and meet professional standards."

Sentry Group partners for back office solution

KERRIE SYDEE  |  TUESDAY, 20 SEP 2016
... that they can utilise to improve operational efficiency, productivity, profitably and the provision of the very highest standards of compliant financial advice and client service. "Advice practices and licensees must transform their operational models ...

Life Insurer Code of Practice falls short: AFA

KERRIE SYDEE  |  TUESDAY, 20 SEP 2016
... the life insurance financial advice profession has been ignored. "Restricting the code to setting out best practice standards for insurers in relation to underwriting and claims management does not go far enough in addressing the cultural issues and ...

Banks commit to new adviser hiring standards

KERRIE SYDEE  |  TUESDAY, 20 SEP 2016
... banking industry has announced a new hiring protocol. The banking industry has created a protocol which sets minimum standards for checking references and sharing information through a series of standardised questions and record keeping requirements. ...

Advisory firm has licence cancelled

MARK SMITH  |  MONDAY, 19 SEP 2016
... resulted in the cancellation of its licence and comes as part of ASIC's ongoing efforts to improve reporting and lodging standards across the financial services industry. ASIC said the annual lodgement of financial statements and auditor reports is an ...