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Showing 1731 - 1740 of 2866 results for "Standards"

Government releases adviser education legislation

ALEX BURKE  |  FRIDAY, 4 DEC 2015
The Government has released exposure draft legislation for raising the professional standards for financial advisers. The draft legislation stipulates that new advisers will require a degree, a professional year of training and pass an exam. Current ...

Third SMSF auditor banned

DARREN SNYDER  |  THURSDAY, 3 DEC 2015
... said auditors are important gatekeepers who play a crucial role in the SMSF sector. "SMSF auditors must maintain high standards or ASIC will hold them to account," Price said. SMSF trustees and members can check whether their auditor is registered, or ...

Australians more reluctant to seek professional advice

LAURA MILLAN  |  WEDNESDAY, 2 DEC 2015
... advice from a professional. The survey was conducted by global research firm GfK on behalf of the Financial Planning Standards Board (FPSB) and in conjunction with the Financial Planning Association (FPA). It found that Australians rely less on planners ...

Governance bill loses Senators' support

DARREN SNYDER  |  WEDNESDAY, 2 DEC 2015
... and develop a code of conduct which would be mandatory for ISA and AIST member funds and complement APRA prudential standards and guidance. ISA chief executive David Whiteley said the code of conduct will preclude the need for legislation that would ...

ASIC bans another SMSF auditor

ALEX BURKE  |  WEDNESDAY, 2 DEC 2015
... approved SMSF auditor. "It is critical that approved SMSF auditors perform their role adequately and meet professional standards to promote confidence in the SMSF sector," said ASIC commissioner John Price. He added, "Compliance with the independence ...

The world of ASFA according to Twitter

MICHELLE BALTAZAR  |  TUESDAY, 1 DEC 2015
... conference that launched a thousand tweets. 1,493 to be exact over a three-day period. This may sound miniscule by global standards but for the industry, it was a milestone on two measures: by number of posts and by number of participants. More than ...

Retirees should draw on home equity: Productivity Commission

DARREN SNYDER  |  TUESDAY, 1 DEC 2015
... health, and residential aged care needs. It is also a potentially expensive form of self-insurance that can lower living standards in old age. CEDA recently called for first home buyers to have access to their superannuation funds to purchase owner-occupied ...

SMSF auditor disqualified

MARK SMITH  |  MONDAY, 30 NOV 2015
... Australian investors it is critical that approved SMSF auditors perform their role adequately and meet professional standards. "ASIC will continue to follow up matters referred by the ATO concerning the quality of SMSF auditors," Price said. SMSF trustees ...

FoFA end marks start of new advice era

LAURA MILLAN  |  MONDAY, 30 NOV 2015
... discussed over the next few months: "Legislation to establish a new framework for the professional, ethical and education standards of financial advisers will be introduced before July next year," O'Dwyer said, adding that the government is also willing ...

King Irving Funds Management launches

ALEX BURKE  |  WEDNESDAY, 25 NOV 2015
... in the medium to longer term, the importance of selecting the right EM region with strong governance and regulatory standards is critical for the generation of strong returns for investors," explained new King Irving Funds Management managing director ...