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Showing 31 - 40 of 2979 results for "Response"

2024 to be a watershed year: FAAA

JAMIE WILLIAMSON  |  THURSDAY, 11 JAN 2024
... executive Sarah Abood said. "The FAAA has been generally supportive of the package proposed by the federal government in response to the Quality of Advice Review recommendations, but there is still a way to go with important detail still missing in some ...

Treasury to refresh financial adviser exam

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... efficiencies by enabling computer marking to replace manual marking. This reduces the cost of administering exams and improves response times for exam candidates to receive their results," the explanatory statement reads. Treasury also proposes to remove ...

Fee consent forms, FDS overhaul concerns FAAA

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... expressed concerns about Treasury's proposal to abolish fee consent forms and Fee Disclosure Statements (FDS) in its response to the first round of reforms. Currently, advisers must produce an annual Fee Disclosure Statement (FDS), a renewal notice ...

Angela Jackson to helm annual Chief Economists Forum

CHLOE WALKER  |  FRIDAY, 15 DEC 2023
Impact Economics and Policy lead economist Angela Jackson is set to lead discussions at the Financial Standard Chief Economists Forum 2024, joined by industry stalwart Don Stammer. Bringing together more than 700 of the industry's leading financial ...

New enhancements to Expand, CFS Edge

CHLOE WALKER  |  THURSDAY, 14 DEC 2023
... administration fees to deliver SMA solutions. According to Colonial First State (CFS), the new offering was designed in response to feedback from advisers, helping them meet Best Interest Duty obligations through low-cost and flexible solutions. "The ...

APRA flags premium volatility in superannuation group life insurance

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
APRA has lifted the lid on the key sustainability challenges of group life insurance in superannuation, notably premium volatility and data availability. At the end of 2022, APRA conducted a survey involving RSE licensees, life insurers, and reinsurers ...

QAR final response winds clock back, says FAAA

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
The Financial Advice Association Australasia (FAAA) is now rethinking its initial support of the government's response to the Quality of Advice Review (QAR), saying the latest proposals could "wind the clock back five years" on the industry. Today ...

Final QAR reforms open door to super funds

CASSANDRA BALDINI  |  THURSDAY, 7 DEC 2023
In its final response to the Quality of Advice Review (QAR), the government plans to modernise the best interests duty and amend the Statement of Advice (SoA), while also granting approval for superannuation funds to provide personal advice. In its ...

Nomura offshoot fined by ASIC disciplinary panel

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
... and to ensure their ongoing integrity and compliance with the Rules," the MDP said. The failure to update its system in response to market changes indicated 'poor market awareness and a 'set and forget' approach' to compliance, the MDP alleged. Instinet ...

ASIC curbs high-risk offers from online trading providers

ANDREW MCKEAN  |  WEDNESDAY, 6 DEC 2023
... commissioner Simone Constant said: "Our more proactive approach to identifying and disrupting emerging risks and harms is in response to the rapid pace of change we have observed in recent years." "Licensed online trading providers are required to meet ...