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Showing 191 - 200 of 1618 results for "Review of"

Build Your Wealth adviser cops ban

KARREN VERGARA  |  FRIDAY, 26 JUL 2024
... substantive stay application and confidentiality orders on 17 July 2024," ASIC said. No hearing date has been set for the review of ASIC's decision. Luff previously worked at Australian Financial Licensing Group, Custom Wealth Solutions Dealer Services ...

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... all times," it said. Likewise, Cbus said that meets its legislative obligations regarding the appointment and ongoing review of directors, noting that they are subject to a fit and proper assessment prior to their appointment and on an annual basis. ...

ASIC permanently bans Queensland adviser

ELIZA BAVIN  |  THURSDAY, 18 JUL 2024
... only held a Diploma of Financial Planning. Abdalla has the right to appeal to the Administrative Appeals Tribunal for a review of ASIC's decision.

Platinum ends FY24 with $13bn FUM

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... the fund manager announced it will no longer make additional grants of its performance rights (ASX: PTMAB) following a review of its remuneration structure. Consequently, chief executive and managing director Jeff Peters' employment contract will be ...

ASIC levy to slug advisers $48.4m

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... by the Senate Economics References Committee on ASIC's investigation and enforcement released last week called for a review of how the regulator is funded. In 2022-23, ASIC employed around 1800 staff and received $426 million in government funding. This ...

APRA: RSE licensees show 'common areas of weakness'

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
... to all registrable superannuation entity (RSE) licensees sharing the initial observations from its targeted thematic review of the superannuation industry's preparedness for Prudential Standard CPS 190 Recovery and Exit Planning (CPS 190). For RSE ...

Former Queensland adviser struck off permanently

ANDREW MCKEAN  |  WEDNESDAY, 29 MAY 2024
... officer, manager, employee, or contractor. However, he has the right to appeal to the Administrative Appeals Tribunal for a review of the decision. Gordon, who was an adviser and director of Refocus Financial Group between 2015 and 2018, was found to ...

APRA hits Mercer with additional licence conditions

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
... by APRA. Mercer will also be required to appoint an independent third party to complete and operational effectiveness review of its risk management and compliance frameworks once the remediation plan is complete. In addition, the super fund will need ...

UK forewarns Australia on wholesale test changes

KARREN VERGARA  |  THURSDAY, 23 MAY 2024
... "Allowing a certification to be used as an alternative qualification method will address the core purpose behind this review of managed investment schemes (protecting consumers) while avoiding the negative impact on start-ups as well as avoiding exacerbating ...

Former NSW adviser loses ban appeal

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
... authorised from 1 July 2020 to 30 July 2020. On 21 December 2022, Sweeney filed an application at the AAT seeking a review of ASIC's decision. On 26 April 2024, the AAT found that a permanent ban was appropriate as the fraud was "blatant and relatively ...