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Showing 161 - 170 of 236 results for "Consultation Paper"

ASIC questions SMSF advice in proposed guidance

LAURA MILLAN  |  MONDAY, 16 SEP 2013
... disclosure of information that may influence a decision to establish or switch to an SMSF," the regulator said. The consultation paper "Advice on SMSF: Specific disclosure requirements and SMSF costs" stresses the need for advisers warn clients that ...

ASIC mulls replacing adviser Training Register

ALICE URIBE  |  MONDAY, 19 AUG 2013
... Investments Commission is considering replacing the ASIC Training Register for financial product advisers. In a Consultation Paper (Consultation Paper 215 Assessment and approval of training courses for financial product advisers: Update to RG 146) released ...

ASIC wants more adviser record-keeping rules

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
... records as part of the best interest duty obligation under the Future of Financial Advice (FoFA) regulation. In Consultation Paper 214 called "Updated record-keeping obligations for Australian financial services licensees", ASIC asks planners to keep ...

AQUA II exemptions unfairly favour ASX: FSC

JAMES FERNYHOUGH  |  WEDNESDAY, 31 JUL 2013
... FSC members - in mind when it called for a 'level playing field'. ASIC is currently taking submissions on its consultation paper (CP 208), and so far only the FSC's has been made public.

FPA sets out opposition to self-education cap

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
... advice and at the same time, the Australian Securities and Investments Commission (ASIC) has recently issued consultation paper CP212 that proposes to increase competency and training standards for advisers. The paper suggests that advisers should have ...

ASIC urged to extend 'wet signatures' exemption

MARK SMITH  |  WEDNESDAY, 3 JUL 2013
... investor to allow for faster, easier trading, electronically via the ASX. The full details of which are in ASIC Consultation Paper 208. The move is supported by fund managers, but Sweeney said the rules should to be widened to include all electronic ...

ASIC proposes stricter training requirements for advisers

LAURA MILLAN  |  MONDAY, 24 JUN 2013
... 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 product advice and is open for submissions until September 30 ...

AQUA II poses a challenge to wraps

JAMES FERNYHOUGH  |  MONDAY, 17 JUN 2013
... 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 platforms, the AMFS ...

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
... regulators prefer the definition of 'financial capability.' Reflecting the continued confusion, ASIC has issued a consultation paper that asks for feedback on what should be the Australian definition of the term. The inability to define financial literacy ...