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Showing 21 - 30 of 57 results for "Financial Services Reform Act"

ASIC assesses churning and misselling

... financial advisers are complying with new legislation regarding advice to switch financial products. The Financial Services Reform Act introduced a number of obligations to discourage financial advisers from persuading people to change investment products ...

New president for ICA

... with the ICA at a time when regulatory reform effecting the industry was prevalent including the Financial Services Reform Act, and his introduction of initiatives like the revised General Insurance Code of Conduct. Hawker outlined "in the year ahead ...

New guide on rebates and commissions

... Furthermore the guide outlines additional mandatory disclosure requirements to those specified in the Financial Services Reform Act for members of IFSA and the FPA. Breaches of the new requirements will be investigated under the FPA disciplinary procedures. ...

FSR complexities will be resolved: Sen Cameron

... background of rising industry criticism over the complex disclosure requirements contained in the Financial Services Reform Act, Senator Cameron said the complex requirements contained in the SOA's resulting from the FSR, was not anticipated and not ...

AIA continues attack on funds managers: report

... week the AIA called for the Financial Planning Association to be prosecuted for failures under the Financial Services Reform Act. The latest criticism is part of a paper due to be presented today at the national conference of the AIA being held on the ...

Superannuation fee disclosure remains unresolved; Rainmaker

... information to craft a way forward to finally resolving the long running fee disclosure debates. "The Financial Services Reform Act was expected by many in the industry to cut through these issues - but the FSRA in reality focuses primarily upon fee ...

Fraud reforms to cost much more than FSR

AAP  |  WEDNESDAY, 31 MAR 2004
... cost to organisations of implementing the money laundering reforms would outweigh the cost of the Financial Services Reform Act. Woods said the cost calculation was based on the extensive education process to financial institutions, the greater number ...

FPA projects $2 million deficit, plans to scrap education services

Preparation for the Financial Services Reform Act has been very costly for the Financial Planning Association (FPA), chairman Steve Helmich revealed yesterday. Releasing unaudited half-year results, the FPA projected a deficit of $2 million for the ...

New regime for financial services, but unresolved issues remain

AAP  |  THURSDAY, 11 MAR 2004
... regulated under the same umbrella. After six years in the making and a two year transition period, the Financial Services Reform Act (FSR) will come into full affect. The FSR brings together all financial advisers under one licensing regime, under regulator ...

SunSuper joins disclosure regime

SunSuper has opted into the new disclosure requirements required under the Financial Services Reform Act, and provided product disclosure statements (PDS) for each of its product offerings. SunSuper Corporate's PDS included a section that can be customised ...