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

Search Results

Showing 1621 - 1630 of 2866 results for "Standards"

Bankwest executive to stand down

JAMIE WILLIAMSON  |  MONDAY, 19 SEP 2016
... privilege to have played a role in the Group since 2000. I have witnessed CBA continue to set and achieve even higher standards. The strength of Bankwest and the quality of its talent give me the opportunity to start a new phase in my career," said De ...

SMSF investors not all in property

DARREN SNYDER  |  WEDNESDAY, 14 SEP 2016
... the provision of property investment advice still remains unregulated. "PIPA is committed to raising the professional standards of this industry and will continue to lobby the government to regulate property investment advice and educate investors to ...

ASIC accepts EU from Perth advice firm

ALEX BURKE  |  TUESDAY, 13 SEP 2016
... that does not serve the best interests of clients," ASIC deputy chair Peter Kell said. "ASIC is committed to raising standards across the financial services industry. We expect licensees to dedicate sufficient resources to appropriately monitor and supervise ...

Enrolments point to adviser growth

KERRIE SYDEE  |  WEDNESDAY, 7 SEP 2016
... courses, 70% hold a bachelor's degree and 36% are female. The figures come ahead of the anticipated release of new industry standards which are expected to require financial advisers to hold a relevant degree or equivalent qualification to practice. ...

Mark Dunsford attacks FSC over life reforms

JAMIE WILLIAMSON  |  THURSDAY, 1 SEP 2016
... requirements of the best interests' duty. "ASIC found that 45% of cases reviewed failed to meet the required advice standards where high upfront commission was used. It also found a correlation between high upfront commissions and high lapse rates," ...

Insurers face significant asset risk charges from downgrade

KERRIE SYDEE  |  TUESDAY, 30 AUG 2016
... particular concern for insurance companies that are required to follow the Life and General Insurance Capital (LAGIC) Standards introduced by the Australian Prudential Regulation Authority (APRA) in 2013. "The credit stress portion of LAGIC's overall ...

Digital key to greater trust, literacy

KERRIE SYDEE  |  MONDAY, 29 AUG 2016
... questions when it does come time to meet with a financial planner." Andriessen agrees higher education and professional standards will benefit the industry but notes the industry must work with career financial planners to assist them to meet the new ...

ASIC bans former Macquarie advisers

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2016
... advice to clients. ASIC deputy chairman Peter Kell said, "Financial planners are required to meet stringent compliance standards to protect the interests of their clients and instill confidence in the broader financial advice industry. ASIC will ensure ...

Industry funds extend winning streak

MARK SMITH  |  WEDNESDAY, 24 AUG 2016
... aged care, hospitals, courts and universities across every state and region. This drives productivity and raises living standards for all." The average corporate fund returned 2.3% over the 12-month period compared to 3.9% from the average public sector ...

Vulnerable clients easily manipulated: study

KERRIE SYDEE  |  WEDNESDAY, 24 AUG 2016
... difference between genuine and fake qualifications. Thorp argues the research shows the need for higher qualifications and standards for financial advisers and that the advisory industry and regulators like ASIC should more rigorously enforce laws protecting ...