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Showing 481 - 490 of 696 results for "Scope+"

Better ASIC-AFP relationship could lead to more prosecutions

LAURA MILLAN  |  MONDAY, 24 FEB 2014
There could be more legal prosecutions if the "inefficient" relationship between the Australian Securities and Investments Commission (ASIC) and the Australian Federal Police (AFP) was remedied, the Senate Economics Reference Committee has heard. ASIC ...

Government releases FoFA amendments

LAURA MILLAN  |  FRIDAY, 20 DEC 2013
Assistant Treasurer Arthur Sinodinos has made public the reforms to the Future of Financial Advice (FoFA) legislation, which include the removal of the opt-in requirement and the streamlining of fee disclosure statements. The amendments are in line ...

Planners lax on capital protected product advice: ASIC

JAMES FERNYHOUGH  |  WEDNESDAY, 4 DEC 2013
Many financial advisers have not made sufficient enquiries into their clients' financial circumstances when advising on capital protected products, the Australian Securities and Investments Commission (ASIC) has found. In Report 377, 'Review of advice ...

Government agnostic on portfolio holdings disclosure

JAMES FERNYHOUGH  |  MONDAY, 2 DEC 2013
The government has given little away about its preferences regarding the depth and rigour of portfolio holdings disclosure, following Assistant Treasurer Arthur Sinodinos' release of a discussion paper on this subject last week. Part of the Stronger ...

AIA adds Priority Protection range to three platforms

HARRY PAGE  |  THURSDAY, 21 NOV 2013
AIA has made its Priority Protection range of products available on the PowerWrap, WealthView and PortfolioCare adviser platforms. AIA Australia's general manager, Damien Mu said the new move would allow advisers to buy AIA products through their preferred ...

Mercer picks Milestone's APRA reporting solution

JAMES FERNYHOUGH  |  WEDNESDAY, 6 NOV 2013
Mercer Australia has chosen Milestone Group's pControl Regulatory Oversight service to meet the new Australian Prudential Regulation Authority (APRA) reporting standards that are part of the Stronger Super reforms. The new reporting standards have seen ...

Republicans vote that advisers have no best interest duty

ALEX DUNNIN  |  FRIDAY, 1 NOV 2013
In scenes reminiscent of Australia's looming political debate to wind back the adviser best interest duty, the Republican-dominated Congress in the US has voted for a bill that allows advisers to act without putting their clients' best interests first. ...

Buy me a house

BENJAMIN ONG  |  WEDNESDAY, 4 SEP 2013
"Dad, can you help me buy my own property?A I'm sick of paying ever-rising rent." My dear daughter asked me this during two Sunday dinners ago.A My first instinct was to say "of course" to my only girl among four children (yes four) - now you gentle ...

Legg Mason adds SIV funds

MARK SMITH  |  WEDNESDAY, 24 JUL 2013
Legg Mason is packaging its four Significant Investment Visa (SIV) complying funds as a ready-made solution for private wealth advice firms. The fund manager has four funds that comply with SIV requirements - Australian cash, listed property, equity ...

Parliament passes TASA bill

LAURA MILLAN  |  THURSDAY, 20 JUN 2013
The Parliament has voted and passed the amendments to the tax agents under the Tax Agent Services Act (TASA) bill that will extend the exemption for financial planners to become registered tax agents. The current exemption will be extended to June 30 ...