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Showing 1761 - 1770 of 3513 results for "compliance"

Government to increase SMSF member limit

KARREN VERGARA  |  MONDAY, 30 APR 2018
... allowing members to initiate and receive rollovers electronically between an APRA fund and their SMSF. "This will reduce compliance costs, expedite the rollover process and further improve the integrity of the super system," she said. "I have asked the ...

RECAP: Advice in the Royal Commission spotlight (Days 6- 9)

KANIKA SOOD  |  FRIDAY, 27 APR 2018
... bonuses, ANZ Financial Planning (AFP) advisers had to meet "certain hurdles" such as passing audits, completing mandatory compliance training and meeting certain ANZ values, Rixon told Orr. ANZ kept a "leaderboard" that ranked advisers on the revenue ...

Heffron partnership to offer robo-SMSFs

HARRISON WORLEY  |  FRIDAY, 27 APR 2018
... companies in February, and will allow SMSF trustees to establish an SMSF and use Six Park's robo-advising technology. Fund compliance will be handled by Heffron. The new offering is designed to be transparent and low-cost with Six Park chief executive ...

Elders appoints four advisers

KANIKA SOOD  |  THURSDAY, 26 APR 2018
... advisers. "We are proud of our ability to attract highly skilled advice practices who want the best in terms of support, compliance and innovative solutions to help them create real value during this period of change in the industry," Beaven said. The ...

IOOF updates market on ANZ wealth sale

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... clients within five years of completion relating to various types of adviser pre-completion conduct, misconduct and non-compliance." In other areas of the business, IOOF said total funds under management, administration and advice at the end of March ...

Royal Commission singles out 325 NAB staff cutting corners

ALEX BURKE  |  TUESDAY, 24 APR 2018
... review committee, NAB general manager, risk, wealth advice Luke Haworth-Booth did not consider Meyn's conduct a serious compliance concern in ASIC's view. Hagger disagreed with this finding and told Senior Counsel Assisting Rowena Orr that he notified ...

AMP kept unsuspecting clients in the dark: RC

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... Commission also concealed the adviser's name - he was referred to as Mr E during proceedings and while AMP head of advice compliance Sarah Britt fronted the Commission on Monday afternoon. The couple sought superannuation and life insurance advice from ...

Praemium appoints managed accounts expert in new role

JAMIE WILLIAMSON  |  MONDAY, 23 APR 2018
... to offer a complete SMSF proposition to their clients. Praemium will help administer and complete all the necessary compliance and regulatory paperwork simply and efficiently including tax end of year processing and lodgement." Thomas' role will also ...

ANZ blames systems for inadequate controls: RC

KARREN VERGARA  |  MONDAY, 23 APR 2018
... changes, AFP advisers were eligible for bonuses if they met "certain hurdles" like passed audits, completed mandatory compliance training and met certain ANZ values. Now, only 15% of the scorecard is based on total or new revenue brought in, she said. ...

Westpac obscured bad adviser reference check

KARREN VERGARA  |  FRIDAY, 20 APR 2018
... in July, but waited until November 2015 to tell ASIC. Westpac told the regulator its findings were merely an "other compliance concern." Orr asked if the gravity of the conduct should have been communicated in more detail and faster to ASIC. Wright responded ...