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Showing 3771 - 3780 of 6264 results for "DET"

ASIC developing regulatory guide for advice remediation

ALEX BURKE  |  WEDNESDAY, 6 MAY 2015
ASIC has announced it is developing a regulatory guide for advice remediation programs for Australian financial services licensees. The regulator has participated in numerous advice review programs for major financial advice institutions, most notably ...

SMSF trustees warned SuperStream deadline looms

MARK SMITH  |  TUESDAY, 5 MAY 2015
The deadline for self-managed super funds (SMSFs) to be compliant with the SuperStream data standards is fast approaching, and trustees who have not done so need to prepare now, the SMSF Association has warned. SMSF Association chief executive and managing ...

Will nice numbers make RBA a bad guy?

BENJAMIN ONG  |  TUESDAY, 5 MAY 2015
With numbers like these, who needs a rate cut? Indications of an improving labour market and strong - very strong - housing approvals are the latest domestic economic stats the men and women of the Board of the Reserve Bank of Australia (RBA) would ...

Advice industry faces insurance quandary

ALEX BURKE  |  MONDAY, 4 MAY 2015
The advice industry is divided over how to fund an insurance scheme to compensate clients who receive bad advice. A rise in professional indemnity premiums is only compounding the problem. Senators Nick Xenophon and Sam Dastyari proposed a statutory ...

ASIC delays super portfolio disclosure again

STAFF WRITER  |  FRIDAY, 1 MAY 2015
The start date for portfolio holdings disclosure reporting and choice product dashboard requirements has been delayed until 1 July 2016, the Australian Securities and Investments Commission (ASIC) said. The requirements were due to start on 1 July 2015 ...

Fee-only risk advice doable, research shows

LAURA MILLAN  |  FRIDAY, 1 MAY 2015
Removing insurance commissions altogether is not just possible, 11% of advisers are already doing it, research by Elixir Consulting found. The third edition of the 'Adviser pricing models research report' found that 11% of 275 advice practices have ...

ASIC bans incompetent adviser

MARK SMITH  |  THURSDAY, 30 APR 2015
ASIC has banned a Sydney-based adviser for three years for failing to keep records. The regulator said Lionsgate Financial Group adviser Atish Prasa, from Westmead, was not adequately trained or competent to provide a financial service. He also broke ...

Advisers Register hits 22k

DARREN SNYDER  |  WEDNESDAY, 29 APR 2015
Within a month of being launched the Financial Advisers Register has added about 3,000 advisers to its list, now providing consumers with an ability to search more than 22,000 in the industry. Australian Securities and Investments Commission (ASIC) ...

NGS Super tool can help members move to SMSF

LAURA MILLAN  |  TUESDAY, 28 APR 2015
NGS Super has developed a tool to help members consider whether they should set up a self-managed super fund (SMSF). The SMSF Profiler was developed as a response to the "significant volume of information in the marketplace on SMSFs which is often biased ...

Steady with a chance of a surprise

BENJAMIN ONG  |  MONDAY, 27 APR 2015
In three days time, the Bank of Japan (BOJ) will again meet to talk about monetary policy. Chances are there's little chance of a change in policy settings. The BOJ board would decide to keep settings as they did at the 7-8 April gabfest -- key interest ...