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Showing 381 - 390 of 1533 results for "Assessment"

ASIC bans adviser, cancels AFSL

ANNABELLE DICKSON  |  TUESDAY, 28 SEP 2021
... to identify his clients' financial situations, identify the subject matter of the advice sought, make a reasonable assessment of financial products, base all judgements on client circumstances or place his clients in a better position were they to follow ...

Common ownership concerns redundant: AustralianSuper

ANNABELLE DICKSON  |  MONDAY, 20 SEP 2021
... investment process is largely bottom-up. We will make assessments about the investability of a company based on our assessment of that company from the bottom up," he said. "On that basis, we want high performing organisations that are going to return ...

Global firm expands into Aussie wealth management

ELIZABETH MCARTHUR  |  FRIDAY, 17 SEP 2021
... "Working in some of the most regulated markets we have developed core expertise in behavioural profiling for more accurate assessment of investors' investment suitability, financial personality and ESG preferences. We use our deep knowledge of investors ...

Auditor referral threshold test troubling: SMSFA

ANNABELLE DICKSON  |  MONDAY, 13 SEP 2021
... different point in time," SMSF Association chief executive John Maroney said. "An auditor may, in good faith, undertake an assessment of their likely fee income and sources for the year at the start of a new financial year. Although fees, including referral ...

Tax agent banned for dishonesty

ANNABELLE DICKSON  |  FRIDAY, 10 SEP 2021
The Tax Practitioners Board has banned a Victoria-based tax agent for five years for dishonestly obtaining his registration and engaging in further misconduct. Srinivasarao Jakkampudi, sole director and supervising tax agent of Truecare Solutions, requested ...

Former Macquarie chief to head ASIC, APRA regulator

ANNABELLE DICKSON  |  FRIDAY, 10 SEP 2021
... capability of both ASIC and APRA. Treasurer Josh Frydenberg announced that Nicholas Moore will chair the Financial Regulator Assessment Authority (FRAA) alongside inaugural members Gina Cass-Gottlieb and Craig Drummond. Moore spent over 33 years at Macquarie ...

APRA intensifies scrutiny of underperformers

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
... to APRA - including relating to the movement of members and outflow of funds," he said. APRA will also sharpen its assessment of the best financial interest duty (BFID) so that trustees must have regard to members' financial interest first and foremost ...

ASX eyes a bigger slice of fixed income active ETFs

KANIKA SOOD  |  THURSDAY, 9 SEP 2021
... which in recent years have shifted towards open-ended structures from closed-ended ones. "It will be subject to our assessment whether we think the fund will be open ended and be able to [service] redemption requests," Weaver said. ASX general manager ...

YFYS test results not a fair representation: Frontier

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 SEP 2021
... returns delivered, or even the size of funds, are not necessarily indicators of a successful fund, based on APRA's assessment. Further, the binary nature of a pass or fail means there are several funds passing 'close to the line', while others have missed ...

Results out: 13 funds fail YFYS performance test

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... returns, or have beaten funds that passed the test. "For example, BT Super MySuper is right now, in Rainmaker's assessment, the third-best performing lifecycle product in the market measured over one, three and five years. Indeed over five years ...