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Showing 481 - 490 of 2856 results for "Standards"

Crescent Wealth responds to PDS error criticism

ANDREW MCKEAN  |  THURSDAY, 1 DEC 2022
... issue related to indirect cost ratios over several financial reporting periods, resulting in a breach of regulatory standards. After several days of silence, Crescent Wealth maintained that the significant event notice didn't relate to fees charged ...

SMSF auditors in hot water

CHLOE WALKER  |  WEDNESDAY, 30 NOV 2022
... against six self-managed superannuation fund (SMSF) auditors for breaches of independence requirements and auditing standards. Between June 29 to September 30, ASIC disqualified three SMSF auditors from being registered, imposed additional conditions ...

Crescent Wealth misreports indirect costs, breaches regulatory standards

ANDREW MCKEAN  |  MONDAY, 28 NOV 2022
... Superannuation, has said the fund's estimated costs weren't calculated or disclosed correctly, breaching regulatory standards. The finding follows a review by Equity Trustees, of the fund's product disclosure statement provided to members ...

Code of Ethics must be fixed: Phil Anderson

CASSANDRA BALDINI  |  MONDAY, 28 NOV 2022
... its 2019 implementation and remains the case now. The Code of Ethics, developed by the now dissolved Financial Adviser Standards and Ethics Authority (FASEA), remains a stone in the shoe for many advisers, Anderson said. Anderson said there is much about ...

Hostplus defies inflation fears

ELIZABETH FRY  |  MONDAY, 28 NOV 2022
... regulator is fine with," Sicilia says. He says that valuation methods are underpinned by domestic and global accounting standards and principles. Peer review Despite the uncertain times, Sicilia is not looking to see what peers are doing. "We look at ...

AFA, FPA merger in best interests

CASSANDRA BALDINI, CHLOE WALKER  |  THURSDAY, 24 NOV 2022
... and amend the name," he said. The new association will however remain an affiliate of the global Financial Planning Standards Board (FPSB) to continue the CFP designation. According to Sharpe, members can expect for the merger agreement to be signed ...

Advisers must register for FSCP: ASIC

CASSANDRA BALDINI  |  THURSDAY, 24 NOV 2022
... said the declarations will concern fitness and propriety, as well as ensuring advisers are tracking well with education standards. On that note, Sciacca explained future adviser exam dates are currently being reviewed. "We'll be releasing next year's ...

ETP naming conventions updated

JAMIE WILLIAMSON  |  THURSDAY, 24 NOV 2022
... conventions for ETPs are one of the ways that ASIC and licensed exchanges help to ensure that admission and monitoring standards for ETPs continue to support fair, orderly and transparent markets, particularly in the context of ETPs that have unique ...

RBA governor cites climate, energy transition in inflation response

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022
... integration. Barriers to trade and investment are likely to increase and that will "inevitably affect both growth in living standards and the pricing of goods and services in global markets." The second important supply-side factor is demographics. Lowe ...

Never been more optimistic: Abood

CASSANDRA BALDINI  |  WEDNESDAY, 23 NOV 2022
... regulation. "Governments consulting on ways to improve the adviser exam and bringing more flexibility to the education standards. The Australian Law Reform Commission is working to clear a path through that maze that is the Corporations Act, and all ...