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Showing 241 - 250 of 680 results for "Records"

Australia lags on dividends

KANIKA SOOD  |  MONDAY, 20 MAY 2019
... dividend flat during the period. Australia's lagging dividend payouts come as the region it sits in, Asia Pacific ex Japan records the strongest dividend growth in 10 years. The region was up 14.7% on a headline basis for total dividend payout, mainly ...

ATO demands crypto data

ELIZABETH MCARTHUR  |  TUESDAY, 30 APR 2019
The Australian Tax Office is reminding cryptocurrency owners and traders they are required to keep records and obtaining records of between half a million to a one million individuals involved in the cryptocurrency market. The ATO announced a new data ...

ASIC appoints receiver for derivatives issuer

ELIZABETH MCARTHUR  |  FRIDAY, 26 APR 2019
... Management and Algoplus. ASIC sought the appointment of receivers because it was concerned about Berndale's financial records; how it handled clients' money; and the adequacy of its reconciliation reports. The regulator also purports that Berndale client ...

Former Dover, Securitor adviser banned

ELIZABETH MCARTHUR  |  THURSDAY, 18 APR 2019
... objectives than their existing products. ASIC said Chigwidden also failed, in some cases, to provide Statements of Advice and Records of Advice to clients when he was required to do so. When he did provide those documents however, he failed to include ...

Australian fund caught in email scandal

ELIZABETH MCARTHUR  |  FRIDAY, 12 APR 2019
... mark official documents for limited dissemination. As well as the security issue, deletion of Commonwealth government records from these accounts may have contravened the record keeping requirements of the Archives Act 1983. The Auditor General was clear ...

ASIC approves AMP for MDAs

HARRISON WORLEY  |  TUESDAY, 9 APR 2019
... obligations," ASIC said. The corporate regulator also said it added the conditions to ensure AMPFP maintained adequate records and had the necessary human, financial and technological resources, risk management and internal dispute resolution systems ...

Frydenberg takes action on banning grandfathered commissions

HARRISON WORLEY  |  THURSDAY, 28 MAR 2019
... affected customers "or passed on in the form of a monetary benefit." The amendment will require product manufacturers to keep records on the amounts to be passed on to clients. It takes further action on Hayne's recommendation 2.4 on grandfathered commission. ...

CPD policy publication deadline looms

KARREN VERGARA  |  THURSDAY, 28 MAR 2019
... the policy against FASEA requirements; record and maintain evidence of advisers completing CPD activities; and ensure records are completed and maintained. Financial advisers must complete at least 40 hours of CPD activity in each CPD year. In circumstances ...

Remediation to hit Westpac earnings

HARRISON WORLEY  |  MONDAY, 25 MAR 2019
... advice fees charged by Westpac salaried financial planners. The bank increased its initial estimates of instances where records of financial advice were "insufficient for the purposes of the remediation". The estimated proportion of fees to be refunded ...

Former Financial Wisdom adviser banned

KARREN VERGARA  |  THURSDAY, 21 MAR 2019
... signatures, using false documents and back-dating documents. She also failed to provide Statements of Advice to clients; deleted records to conceal misconduct; and falsely witnessed signatures on death benefit nomination forms and arranged others to ...