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Showing 311 - 320 of 781 results for "SCOPE"

ASIC claims to support robo-advice

ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
... best interests duty - for example, ASIC questioned how a robo-advice offering might be sure that the client understands the scope of the advice they are receiving. "Natural persons who provide financial product advice to retail clients are required to ...

Chief economist update: Brexit - the news that was

BENJAMIN ONG  |  FRIDAY, 10 JAN 2020
... inflation 1.9% (2019 high) to 1.7% (November). Carney is taking no chances, telling his audience that the UK central bank has scope to "at least double" its August 2016 package of £60 billion (US$113 billion) of asset purchases. This is equivalent to ...

Chief economist update: Missing the burning forests for the surplus tree

BENJAMIN ONG  |  TUESDAY, 7 JAN 2020
... might not be novel - we've had out of control bushfires before - but it's definitely impactful in terms of scale and scope. If only the government of the day - Labor or the Coalition - had enough foresight. But as it turns out, all of Australia's ...

Government ignored ASIC over LIC carve-out

HARRISON WORLEY  |  MONDAY, 6 JAN 2020
... Treasury where it opposed the expansion of the carve-out. In its email, ASIC said broadening the exemption would expand the scope for conflicted advice and "corresponding consumer detriment". "It will also cause an undesirable market distortion by preventing ...

Rising tensions to weigh on markets: Moody's

ELIZA BAVIN  |  MONDAY, 6 JAN 2020
... days. The credit implications of a military conflict, as we noted in 3 December research, would depend on its duration, scope and the severity of damage to critical infrastructure - factors that would remain highly uncertain for some time should an outright ...

FASEA responds to concerns

ELIZABETH MCARTHUR  |  FRIDAY, 20 DEC 2019
... they understand the cashflow implications. "The adviser is not expected to complete a holistic risk assessment for limited scope advice but would be expected to conduct sufficient information gathering to be satisfied the advice is in the client's best ...

ETF investing at record highs: Report

ELIZA BAVIN  |  THURSDAY, 5 DEC 2019
... objectives - regardless of age, experience levels or wealth," he said. The report predicts that there remains plenty of scope for the industry to continue to power ahead, with over 135,000 investors planning to enter the ETF market within the next 12 ...

Paraplanners tackle compliance challenges

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 NOV 2019
... goal compliant. Touching on the FASEA Code of Ethics, Docker explained Standard 6 could be read to mean that subject and scope are going to become more important and that should be reflected in an SOA. For example, paraplanners need to explain why certain ...

AIST finds issues with FASEA code

ELIZABETH MCARTHUR  |  MONDAY, 25 NOV 2019
... intra-fund advice. "As noted in RG 244, all advice is scaled to some extent - advice is either less or more comprehensive in scope along a continuous spectrum," Scheerlinck said. "The premise that all advice is scaled is in contrast to the code guidance ...

Managed funds fail to perform: Report

ELIZA BAVIN  |  FRIDAY, 8 NOV 2019
... June. The Rainmaker Roundup Report found that only 10% of Australian equities large cap funds outperformed in 2018-19. "The scope of underperformance varied from extreme for property to slight for international fixed," the report said. "In the property ...