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Showing 251 - 260 of 338 results for "Accountable"

FEATURE: Adviser education

FINANCIAL STANDARD  |  MONDAY, 25 MAY 2015
... firms, as well as education and professional bodies, is that a professional financial adviser should be personally accountable; educated to degree standard; experienced; a Certified Financial Planner (or working towards certification); and working for ...

Opposition welcomes SME package, slams Google tax

MARK SMITH  |  TUESDAY, 12 MAY 2015
... price. He played that irresponsible game of claiming a crisis every time our terms of trade changed. "I do hold him accountable for the impact of his own decisions on the budget which is spending up and tax up. The impact of his words on business confidence ...

NAB to take "leading role" in advice remediation

ALEX BURKE  |  WEDNESDAY, 22 APR 2015
... on other former NAB advice clients to encourage transparency. Thorburn agreed that NAB's financial advice arm was "accountable" for not meeting its "own standards" in the past, but argued that even though "sometimes when issues get raised we don't deal ...

ASIC penalties 'like being hit with a lettuce leaf': Murray

LAURA MILLAN  |  WEDNESDAY, 25 MAR 2015
... "There isn't a serious problem with the Wallis architecture. The issue is whether the agencies themselves are held accountable and whether the enforcement and penalty regime are significant." Murray noted that ASIC is underfunded and that "a lot more ...

Vertical integration not important anymore: Murray

LAURA MILLAN  |  TUESDAY, 9 DEC 2014
... to fill industry superannuation boards with a majority of independent directors as these directors will not be as accountable to fund members and employers." While Murray highlighted that the recommendation seeks to improve super fund governance, TWU ...

Industry braces for majority independent directors

JAMES FERNYHOUGH  |  SUNDAY, 7 DEC 2014
... decision making by bringing an objective perspective to issues the board considers. They also hold other directors accountable for their conduct, particularly in relation to conflicts of interest." If implemented, this policy would bring Australian superannuation ...

Make financial firms more accountable for products: FSI

ALICE URIBE  |  SUNDAY, 7 DEC 2014
Making financial firms more accountable for the design and distribution of products and giving the Australian Securities and Investments Commission (ASIC) increased powers to safeguard consumers were central recommendations in the final report of the ...

Murray calls for ASIC to have more money and power

MARK SMITH  |  SUNDAY, 7 DEC 2014
... significant weaknesses, particularly in the case of ASIC," the report said. "Australia needs strong, independent and accountable regulators to help maintain confidence and trust in the financial system, thereby attracting investment and supporting growth. ...

Rename general advice, disclose ownership: FSI

LAURA MILLAN  |  SUNDAY, 7 DEC 2014
... enhancing individual firm or industry codes of conduct" as a way for the industry to raise standards and hold itself accountable. Read the full report here

Increased record keeping provisions for advisers

LAURA MILLAN  |  TUESDAY, 18 NOV 2014
... clients. It will also help licensees supervise their representatives and help consumers hold the licensee and the adviser accountable. "For best interests, advisers should keep the information they relied on and the actions they took to show that they ...