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Showing 321 - 330 of 460 results for "Conflicts of interest"

ASIC cancels national planning firm's license

MARK SMITH  |  THURSDAY, 7 FEB 2013
National financial planning business AAA Financial Intelligence has had its license revoked by the Australian Securities and Investments Commission (ASIC) after it had 'comprehensively and repeatedly' failed to comply with the Corporations Act 2001 ...

Coalition wants fund governance changes: Fletcher

BEN COLLINS  |  TUESDAY, 5 FEB 2013
... one superannuation board prove to Australia's prudential regulator that they don't have "any foreseeable conflicts of interest." It would also include mandatory disclosure of conflicts, and similar remuneration reporting requirements to those placed ...

Advisers at risk over asset-based fees

BEN COLLINS  |  THURSDAY, 10 JAN 2013
Advisers might need to change the way that they charge asset-based fees, which can create conflicts of interest, said finance consulting group The Fold. While the Federal Government's Future of Financial Advice (FoFA) reforms have done a clean-sweep ...

ASIC eyes off researchers

BEN COLLINS  |  TUESDAY, 11 DEC 2012
... highly," said Peter Kell, ASIC Commissioner. "It is particularly important for research providers to manage conflicts of interest that may affect the ultimate rating. "If standards don't improve ASIC will revisit the regulation of research report providers ...

Overseas investors' demand replacement of LM as RE

MARK STORY  |  TUESDAY, 9 OCT 2012
... Fund and ultimately nil fees for the feeder funds. "Unitholders are also concerned with LM's management of conflicts of interest with respect to related party lending between the Main Fund and the Managed Performance Fund (another LM fund),"Bacon said. ...

APRA requirements welcomed by sector

BEN COLLINS  |  THURSDAY, 20 SEP 2012
... superannuation performance, consumers can have the confidence that APRA's data is independent and free of any conflicts of interest," said AIST chief executive officer Fiona Reynolds. Reynolds said she hoped the new requirements for collection of data ...

Swift resolution sought on Storm trial

MELANIE TIMBRELL  |  WEDNESDAY, 5 SEP 2012
... since December 2010, however has only pressed for a declaration to improve bank standards and injunction. Conflicts of interest have previously been cited over the cases running concurrently, with lawyers pursuing a private action against the banks counselling ...

Commbank knew of potential Storm collapse: lawyers

BEN COLLINS  |  WEDNESDAY, 22 AUG 2012
... been prosecuting the case since December 2010, however has only pressed for a declaration and injunction. Conflicts of interest have been cited over the cases running concurrently, with another lawyer pursuing a private action against the banks, Stewart ...

Conflicts of interest worry ASIC

LINDA HAUSKEN  |  FRIDAY, 10 AUG 2012
... industry, the Australian Securities & Investments Commission (ASIC) has expressed concerns over fee structure conflicts of interest based on preferring services. ASIC conducted the review as part of its ongoing focus on gatekeepers to the financial services ...

Kinks in Stronger Super armour

MELANIE TIMBRELL  |  MONDAY, 23 JUL 2012
... governance around things like trustee behaviour, risk management, reserving, outsourcing, remuneration policies, conflicts of interest and all those things critical to what ultimately happens to members have the potential to lead to better outcomes. ...