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Showing 2861 - 2870 of 6264 results for "DET"

FASEA announces leadership transition

DARREN SNYDER  |  TUESDAY, 10 APR 2018
Financial Adviser Standards and Ethics Authority (FASEA) chief executive Deen Sanders is stepping down after about seven months in the role. An announcement on FASEA's website today said Sanders will continue his long-standing career in professional ...

ASIC disqualifies two SMSF auditors

ALEX BURKE  |  TUESDAY, 10 APR 2018
ASIC disqualified two self-managed super fund auditors - one in South Australia and one in the ACT - for breaching independence requirements. The South Australian auditor, John Tretola, was found to have breached his independence requirements of APES ...

Chief economist update: Trump trumps Brexit

BENJAMIN ONG  |  TUESDAY, 10 APR 2018
Perhaps it's being drowned by the ongoing Trump/Xi "my tariff is bigger than yours" tit-for-tat, or the Trump/Stormy Daniels alleged dalliance, or the alleged Trump/FBI raid on the offices of Trump's personal lawyer, Michael Cohen... but whatever it ...

Royal Commission to take "labyrinthine" advice legislation to task

ALEX BURKE  |  MONDAY, 9 APR 2018
In its background paper leading up to the financial advice inquiry on April 16, the Royal Commission has called out the "labyrinthine" regulatory regime in which the industry operates. The paper notes the current legislative framework for financial ...

Lawyers slam life insurers in Royal Commission

KARREN VERGARA  |  FRIDAY, 6 APR 2018
The life insurance industry is failing to prove it can self-regulate via its two "deficient" codes, according to Maurice Blackburn Lawyers' submission to the banking Royal Commission. There have been more than 700 breaches of the Life Insurance Code ...

Outsourcing driving advice client engagement

KARREN VERGARA  |  FRIDAY, 6 APR 2018
Financial advice practices that outsource certain back-office functions save up to 60% in operational costs and are dedicating more time to clients. This is according to Virtual Business Partners (VBR) chief executive David Carney, who said advice firms ...

Glaucus defends Blue Sky allegations

ALEX BURKE  |  FRIDAY, 6 APR 2018
Hedge fund Glaucus Research Group issued a rebuttal to Blue Sky's claim that the former's initial justification for short-selling was "materially misleading." Glaucus originally said Blue Sky "compensates for its overstated AUM by charging clients egregious ...

Acorns mulls ASX listing

JAMIE WILLIAMSON  |  THURSDAY, 5 APR 2018
Acorns Investment Company is considering listing on the ASX. Soon to be the head company of the Acorns Australia/Instreet Investment Limited group, Acorns Investment Company is contemplating a public offer of fully paid ordinary shares and listing on ...

Contango restructure sees reduced headcount

ALEX BURKE  |  THURSDAY, 5 APR 2018
Following its acquisition of Switzer Asset Management, Contango Asset Management (CGA) has reduced its headcount and is relocating to Sydney as part of a wider restructure to focus on retail distribution. Speaking to Financial Standard, CGA chief executive ...

Executive pay structure still fuels risk-taking: APRA

KANIKA SOOD  |  WEDNESDAY, 4 APR 2018
Australia's largest financial institutions still remunerate senior executives in a way that encourages risk-taking and undermines long-term financial health - but RSE licensees may be doing a better job than their peers, APRA said today. The findings ...