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Showing 151 - 160 of 523 results for "Independence"

Platform cancels top 50 funds list

ELIZABETH MCARTHUR  |  TUESDAY, 5 MAY 2020
... impartially and manage conflicts e.g. preference for funds offering discounts over formal and objective criteria, lack of independence of research teams and associated governance," FCA director of supervision - life insurance and financial advice Debbie ...

SMSF auditors come under fire

ALLY SELBY  |  THURSDAY, 23 APR 2020
... meets competency and expertise standards. Auditors from around the country suffered blows after they failed to meet independence and auditing standards, and failed to comply with CPD requirements. Queensland based auditor Ken Hacker was disqualified ...

ASIC provides relief around early super access advice

JAMIE WILLIAMSON  |  TUESDAY, 14 APR 2020
... period, not just a fact find and SOA. In relation to ongoing consultation around advice fee consents and disclosure of independence, ASIC has said it will accept informal feedback and grant extensions to those still wishing to make a submission. Submissions ...

Lack of independence must be made clear: ASIC

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... draft recommendations for advice fees are adopted. The purpose, ASIC said, is to ensure financial advisers' lack of independence is brought to the clients attention through a prominent disclosure. Advisers will also need to seek express written authority ...

Advice groups criticise rushed legislation

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
... everyday Australians. The AFA released its submissions to Treasury on ongoing fee arrangements and disclosure of lack of independence, advice fees in super and strengthening breach reporting. "The AFA is concerned that what has been proposed with annual ...

Franklin Templeton to acquire Legg Mason

JAMIE WILLIAMSON  |  WEDNESDAY, 19 FEB 2020
... affiliates have achieved and we have structured the transaction to ensure that its affiliates have the right mix of independence and support to continue building on their strong track records," she said. Legg Mason's investment affiliates - including ...

New partners at HLB Mann Judd

KANIKA SOOD  |  MONDAY, 17 FEB 2020
... our growing audit practice will be able to better engage with our existing clients, and it also enables increased independence through audit partner rotation," McGowan said. Apolloni's appointment in Wollongong takes the local practice's partners to ...

SMSF auditors in firing line

ELIZA BAVIN  |  FRIDAY, 14 FEB 2020
... SMSFs," the regulator said. "The actions arose following ASIC concerns about failures to meet requirements including independence standards and auditing standards, failing to comply with Continuing Professional Development (CPD) requirements and otherwise ...

Industry fund strengthens board

HARRISON WORLEY  |  MONDAY, 13 JAN 2020
... following an APRA probe into its governance. At the time, then chair Bruce Miller said the board had come to realise independence was critical to the fund's chances of future success. "As a board, we recognise that having a strong, diverse board with ...

Ord Minnett chief resigns

ALLY SELBY  |  MONDAY, 16 DEC 2019
... announced the resignation in an internal memo to staff. "After 10 years as chief executive of Ords and the transition to independence now finalised, Gunning has decided to move on," Morris said. Gunning finishes up at the wealth giant on December 31. ...