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Showing 241 - 250 of 460 results for "Conflicts of interest"

ASIC targets NAB super after compliance breakdown

ALEX BURKE  |  THURSDAY, 2 FEB 2017
... will undergo a review of NULIS' risk management procedures, product change implementation and potential conflicts of interest within the NAB super business. "The additional conditions imposed on NULIS' AFS licence reflect ASIC's priority of improving ...

Super objective crucial to Commission review

DARREN SNYDER  |  MONDAY, 28 NOV 2016
... PC also emphasises the importance of best-practice fund governance to ensure consumers are protected from conflicts of interest that may impact fund performance."

Findex hit with penalties

KERRIE SYDEE  |  MONDAY, 10 OCT 2016
... affected by: "commissions or other benefits received from the issuer of recommended financial products; and "conflicts of interest arising out of the group's associations or relationships with issuers of financial products." Findex Group and FIA responded ...

Good financial advice a challenge: ASIC

KERRIE SYDEE  |  FRIDAY, 2 SEP 2016
... superannuation sectors. Key target areas include reward and incentive structures, whistle-blower policy, conflicts of interest, nature and level of complaints and complaints handling. To mitigate risks associated with gatekeeper culture and conduct in ...

AMP Capital hits back at second LIM wind-up letter

ALEX BURKE  |  TUESDAY, 26 JUL 2016
... exiting later at a higher discount to NAV; the ongoing risk of "unacceptable discounts"; AMP Capital's "major conflicts of interest"; AMP Capital's alleged mismanagement of the discount; its refusal to consider open-ending the fund; and high management ...

ASIC finalises IOOF inquiry

ALEX BURKE  |  FRIDAY, 8 JUL 2016
... specifically consistency of breach reporting, compliance arrangements, disclosure, whistleblower policies and conflicts of interest. While ASIC said "in our view the corporate culture at that time within IOOF contributed to these issues occurring," IOOF's ...

AMP Capital urges voters to keep China fund open ahead of EGM

ALEX BURKE  |  FRIDAY, 1 JUL 2016
... value, inadequate measures implemented by the responsible entity, weak corporate governance and potential conflicts of interest." The letter concluded by saying, "We are proposing to wind up AGF because the discount has persisted for too long and the ...

ASIC cancels AFSL of liquidated firm

KERRIE SYDEE  |  WEDNESDAY, 29 JUN 2016
... available to provide financial services and carry out supervisory arrangements; have adequate arrangements for conflicts of interest; and demonstrate adequate research has been undertaken into financial products. Under the imposed licence conditions ...

APRA outlines plans to refocus Appointed Actuary role

MARK SMITH  |  WEDNESDAY, 22 JUN 2016
... purpose statement for Appointed Actuaries, implementing a clear actuarial advice framework, managing potential conflicts of interest, improving reporting requirements and simplifying prudential standards. "These proposals provide the necessary flexibility ...

TPB calls for submissions on practical guidance info

KERRIE SYDEE  |  THURSDAY, 26 MAY 2016
... taking reasonable care to ascertain a client's state of affairs, applying tax laws correctly and managing conflicts of interest. Chair of the TPB, Ian Taylor, said that it was essential for tax (financial) advisers to understand what the Code means for ...