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Showing 201 - 210 of 1365 results for "Australian Securities and Investments Commission"

FEATURE: Where next for risk advice?

ALEX BURKE  |  TUESDAY, 28 APR 2015
... Retail Life Insurance Advice was designed as an independent review following the Australian Securities and Investments Commission's Review of retail life insurance advice (or ASIC REP 413) issued in October 2014. For industry stakeholders, the most crucial ...

Report confirms failed CBA compensation

LAURA MILLAN  |  THURSDAY, 23 APR 2015
... put in place in 2008, and at the Compensation Program that started under the Australian Securities and Investments Commission (ASIC) enforceable undertaking to Commonwealth Financial Planning (CFPL) and Financial Wisdom (FWL) in 2011. Despite being under ...

Industry should help fund ASIC: ANZ

LAURA MILLAN  |  TUESDAY, 21 APR 2015
... supported the idea that the financial services industry should help fund the Australian Securities and Investments Commission (ASIC) so it can "fully police industry behaviour." ANZ deputy chief executive officer Graham Hodges told a Senate Economics ...

Don't blame "churning" on advisers: Synchron

LAURA MILLAN  |  MONDAY, 20 APR 2015
... and blaming all issues on the advice channel, the company said. In light of the Australian Securities and Investments Commission (ASIC) report and the Trowbridge report on risk advice, company executives Michael Harrison and Don Trapnell recently took ...

Big end of town to face Senate over bad advice

LAURA MILLAN  |  FRIDAY, 17 APR 2015
... advisers and he tabled the motion for an inquiry into the performance of the Australian Securities and Investments Commission (ASIC) in mid-2013. "We need to know if banks have any evidence of criminal activity, fraud or forgery in their advice divisions. ...

ANZ sets up $30m compensation program for advice clients

LAURA MILLAN  |  THURSDAY, 16 APR 2015
... to schedule annual reviews since then. ANZ said it reported the issue to the Australian Securities and Investments Commission (ASIC) and set up a remediation program with PwC and law firm Clayton Utz as external consultants. The bank is working with ...

Trowbridge releases final report

ALEX BURKE  |  THURSDAY, 26 MAR 2015
... Financial Advisers (AFA), it was designed as an independent review following the Australian Securities and Investments Commission (ASIC) retail life insurance research - originally released in October 2014. It contains 11 recommendations, six of which ...

Getting SMSFs into infra not worth the effort

LAURA MILLAN  |  TUESDAY, 24 MAR 2015
... assets?" Lyon asked during a panel session on infrastructure investment at the Australian Securities and Investments Commission (ASIC) Summit in Sydney. "I think we're much better off focusing on driving the ongoing aggregation of small superannuation ...

Labor backs ASIC data retention authority

ALEX BURKE  |  MONDAY, 23 MAR 2015
... support for amendments to the Government's data retention bill which authorise the Australian Securities and Investments Commission (ASIC) to retain telecommunications data for the purposes of investigating financial services misconduct. In a speech ...

Abuse of reporting rules widespread: Medcraft

MARK SMITH  |  MONDAY, 23 MAR 2015
Australian Securities and Investments Commission (ASIC) chairman Greg Medcraft has highlighted companies "abuse" of breach reporting rules. The head of the industry watchdog made the comments in front of a Senate public hearing in Sydney on Friday following ...