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Showing 211 - 220 of 834 results for "Regulations"

Zenith introduces ESG classification

KARREN VERGARA  |  FRIDAY, 16 JUL 2021
... slapped across investment products. The classification tools are becoming more vital as investor attitudes change and regulations increase, Higgins said, pointing to ASIC's review which is aiming to establish whether funds focusing on ESG considerations ...

AFA slams new SOA measures

KARREN VERGARA  |  WEDNESDAY, 7 JUL 2021
... advisers are professionals, subject to high standards, and they should be trusted. There are already a lot of demanding regulations in place. All these additional measures just add further to the cost of providing financial advice and inconvenience clients ...

KLP divests Israeli-linked settlement firms

KARREN VERGARA  |  WEDNESDAY, 7 JUL 2021
... connection to the Israeli settlements in the occupied West Bank. This is anchored in the rules on occupation in the Hague Regulations and the Fourth Geneva Convention," KLP senior analyst Kiran Aziz said. Following a thorough assessment prompted by the ...

Better Advice regulations hit parliament

KARREN VERGARA  |  FRIDAY, 25 JUN 2021
... registrations. It can issue an infringement notice or recommend that ASIC apply to the court for a civil penalty. The current regulations are limited to banning advisers. The new law will create additional penalties and sanctions for advisers who have ...

AFA defends industry against Labor attack

KARREN VERGARA  |  MONDAY, 21 JUN 2021
... 30% to 19,992. Not only is financial advice less accessible, advisers must also contend with a slew of reforms and regulations. "Additional measures to supposedly increase consumer protections will only increase the cost of financial advice and deliver ...

Concern for consumers ahead of YFYS

ELIZABETH MCARTHUR  |  MONDAY, 7 JUN 2021
... have been levelled at the reforms. The Actuaries Institute warned there are fundamental problems with the proposed regulations, including the test that deals with underperformance. In a submission to Treasury last week, the institute said: "The test ...

Class action consultation opens

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
... after Frydenberg defined class actions as managed investment schemes. At the time, Class Actions Australia said the regulations could prevent compensation payouts to Australians that were cheated by big banks.

Labor to push for YFYS stapling amendments

KANIKA SOOD  |  WEDNESDAY, 19 MAY 2021
... for unlisted assets. "I think by and large -- it's difficult for us to [say] given so much of this stuff is in regulations and the regulations haven't been finalised -- my feeling is the worst of the problems in that area have been dealt with," ...

Labor won't support YFYS Bill in current form

KANIKA SOOD  |  FRIDAY, 30 APR 2021
... this bill delegates significant power to legislative instruments. As the government has only released partial draft regulations for this bill on the day [28 April] before this report is due to be finalised [29 April], it is impossible for the committee ...

Grant Thornton sells private wealth division

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
... taken lightly and is connected with our need to ensure that we comply with national and international independence regulations." Grant Thornton Australia forms part of the Grant Thornton International network and the spokesperson added that these regulations ...