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Showing 181 - 190 of 852 results for "Code"

FSC advice reforms slash time, costs by 30%

KARREN VERGARA  |  TUESDAY, 12 OCT 2021
... risk Cecilia Storniolo said: "Anecdotally, we've been hearing for about two years that the interplay between the FASEA code of conduct, and the Best Interest Duty tests was causing the industry a great deal of angst." Many advice practitioners KPMG ...

Adviser exam cost jumps under new bill

KARREN VERGARA  |  THURSDAY, 30 SEP 2021
... under the breach reporting regime. This includes advisers' failure to comply with education and training standards, and code of ethics. Senator Jane Hume is taking industry feedback on the exposure draft regulations and legislative instrument until ...

ME Bank faces criminal charges

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
... Bank for alleged contraventions of the Australian Securities and Investments Commission Act 2001 (Cth) and National Credit Code. The alleged contraventions concern home loan customer communications over a two year period ending September 2018. These ...

Auditor referral threshold test troubling: SMSFA

ANNABELLE DICKSON  |  MONDAY, 13 SEP 2021
... considered or applied. The Accounting Professional & Ethical Standards Board introduced draft amendments to the APES 110 Code of Ethics for accountants, outlining the threshold. The SMSFA believes if there is a threshold test to apply, it should be 30% ...

How YFYS test will change currency investments

ELIZABETH MCARTHUR  |  THURSDAY, 2 SEP 2021
... over a "set and forget" approach. Then, on the topic of ethics, Simmons emphasised adopting and adhering to the FX Global Code, saying it is also crucial for super funds to prove that they are trading currencies in responsible and ethical manner. Mesirow ...

Cracking the data science code

KARREN VERGARA  |  WEDNESDAY, 1 SEP 2021
The funds management industry is at risk of getting left behind if it does not adopt data science and machine learning. A panel at this afternoon's Australian Institute of Superannuation Trustees 2021 Conference hosted by State Super chief investment ...

Updated life code released

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 AUG 2021
The Financial Services Council (FSC) released the second draft of the Life Insurance Code of Practice 2.0 for public consultation. The latest draft of the code was released today, incorporating feedback from the first draft's consultation. The FSC has ...

Evergreen launches RI index

ANNABELLE DICKSON  |  WEDNESDAY, 18 AUG 2021
Evergreen Consultants established a responsible investment index based on a grading system that focuses on an investment manager's intent and actions rather than solely on portfolio metrics. The Evergreen Responsible Investment Grading Index (ERIG Index) ...

Every super fund should cover every occupation: FSC

KANIKA SOOD  |  FRIDAY, 13 AUG 2021
... First, is to implement a prohibition on these terms on life insurers through an appendix to the FSC's Life Insurance Code of Practice (Life Code). It said the complexity here is that while the Life Insurance Code is mandatory for all group insurers ...

Class launches SMSF auditor tool

ANNABELLE DICKSON  |  MONDAY, 12 JUL 2021
... include Super Know How, Unison and BDO Audits which leverage data integration to Class. Following a restructure to APES 110 Code of Ethics for Professional Accountants, SMSF audits can only be done by an independent auditor therefore an accounting practice ...