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Showing 2261 - 2270 of 3521 results for "compliance"

Parliament tables new tax laws for investment trusts

LAURA MILLAN  |  MONDAY, 7 DEC 2015
... approved, the proposed rules will apply from 1 July 2016 and will reduce complexity, increase certainty and minimise compliance costs for managed investment trusts and their investors. Commenting on the bill, Financial Services Council (FSC) chief executive ...

Australian Unity acquires three new practices

ALEX BURKE  |  THURSDAY, 3 DEC 2015
... institutions and the self licencing option. "We are a good option for those advisers who want a financially-strong, compliance-focused and well-resourced licensee and who also want the freedom that comes with a broad APL for wrap accounts, direct and ...

ASIC bans another SMSF auditor

ALEX BURKE  |  WEDNESDAY, 2 DEC 2015
... meet professional standards to promote confidence in the SMSF sector," said ASIC commissioner John Price. He added, "Compliance with the independence requirements is fundamental in fostering this confidence. ASIC will continue to follow up matters referred ...

HNW advice group faces licence conditions

LAURA MILLAN  |  TUESDAY, 1 DEC 2015
... interest in relation to corporate transactions. The extra conditions mean that Morgans has to appoint an independent compliance consultant to review and evaluate its compliance measures. The consultant will report to ASIC and Morgans early next year ...

CBA refunds $80m for failing to apply discounts

LAURA MILLAN  |  WEDNESDAY, 25 NOV 2015
... accurate calculation of refunds. "Manual processes to apply discounts, waivers and other concessions involve inherent compliance risks," ASIC deputy chairman Peter Kell said.

New mobile broking platform launched in Australia

MARK SMITH  |  TUESDAY, 24 NOV 2015
... great advantages for the firm and its clients. "TradeCentre is a more intuitive product with outstanding audit and compliance capabilities," Ransom said. "Obviously the more efficiently we're able to trade, the better the results for our clients."

ASIC sees potential for "large scale loss" in robo-advice

LAURA MILLAN  |  MONDAY, 23 NOV 2015
... increasing the amount of people receiving advice through scaled advice," Macaulay said. "But the sector needs to improve the compliance and record keeping. There is also the potential for large scale loss if there is a flaw in the algorithm." Macaulay ...

ASIC accepts J.P. Morgan enforceable undertaking

ALEX BURKE  |  THURSDAY, 19 NOV 2015
... the Australian regime. "The benefit of class order relief from licensing granted by ASIC will be subject to ongoing compliance with all the conditions set out in these instruments, including the disclosure condition."

Evolving super sparks C-suite shift

DARREN SNYDER  |  MONDAY, 16 NOV 2015
... marketing executive titles were prevalent, occurring at 64% of the funds. This was followed by the key areas of risk and compliance (54%) and operations (54%). Carrying an advice executive title occurred at 42% of larger funds and 7% of smaller funds. ...

Super non-compliance to cost $44 billion

ALEX BURKE  |  MONDAY, 16 NOV 2015
Employer non-compliance with superannuation entitlements could cost workers $44 billion in retirement savings over the next decade. This is the conclusion of Cbus research, which chief executive David Atkin argued highlighted "the need for Government ...