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Showing 151 - 160 of 215 results for "Consultation Paper 212"

ASIC proposes stricter training requirements for advisers

LAURA MILLAN  |  MONDAY, 24 JUN 2013
The Australian Securities and Investments Commission (ASIC) has proposed an increase in the knowledge and skill requirements for financial planners. The regulator has released a consultation paper on training standards for planners who provide financial ...

AQUA II poses a challenge to wraps

JAMES FERNYHOUGH  |  MONDAY, 17 JUN 2013
The launch of the ASX Managed Funds Service (AMFS) - informally known as AQUA II - may be on the horizon following the release of a consultation paper by the Australian Securities and Investments Commission (ASIC). Widely seen as an alternative to big ...

ASIC takes aim at charitable investment funds

JAMES FERNYHOUGH  |  TUESDAY, 21 MAY 2013
The Australian Securities and Investments Commission (ASIC) has released a consultation paper proposing changes to existing exemptions for charities that raise investment funds. The proposed changes will affect approximately 200 charitable investment ...

Confusion reigns over financial literacy

ALEX DUNNIN  |  THURSDAY, 9 MAY 2013
Despite the focus on financial literacy by regulators, Australian school curriculum designers and financial services firms, there is still no agreed definition of what it is and how to measure it, reveals the Australian Securities and Investment Commission ...

ASIC MDA review requires further clarity: IMAP

ALICE URIBE  |  TUESDAY, 30 APR 2013
The Institute of Managed Account Professionals (IMAP) have maintained that the regulator's insistence on an annual review for managed discretionary account operators (MDAs) is excessive, and will push for a two-year requirement. In its submission to ...

ASIC delays start date for advisers exam

LAURA MILLAN  |  THURSDAY, 11 APR 2013
The Australian Securities and Investments Commission (ASIC) has delayed the implementation of a national examination for financial advisers. ASIC said that the objective is to allow appropriate time for other reforms to be implemented in the financial ...

Managed accounts set for an overhaul

LAURA MILLAN  |  MONDAY, 11 MAR 2013
For the first time in nine years, the country's financial services regulator is placing the managed accounts sector through a comprehensive review, addressing grey areas and fixing major drawbacks that have long derailed the sector's growth. Institutions ...

AFA outlines stance on conflicted remuneration

LAURA MILLAN  |  WEDNESDAY, 27 FEB 2013
The Association of Financial Advisers (AFA) has prepared a document, due for public release shortly, expressing its concerns over the Australian Securities and Investment Commission (ASIC) consultation paper on conflicted remuneration. The AFA already ...

ASIC seeks adviser feedback on FOFA code of conduct

LINDA HAUSKEN  |  THURSDAY, 1 NOV 2012
Following on from ASIC's recent release on the approval of the Future of Financial Advice code of conduct consultation paper, the regulator is calling on further adviser feedback after flagging concerns around three key issues. Australia's corporate ...

ASIC consults on code approval under FOFA

LINDA HAUSKEN  |  WEDNESDAY, 24 OCT 2012
ASIC has released its consultation paper on its approach to code approval and relief powers under the Future of Financial Advice (FOFA) regulations, outlining plans to take a facilitative approach to the implementation of the reforms. Australia's corporate ...