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Showing 501 - 510 of 3475 results for "Compliance"

ASIC vigilant on bad SMSF advice

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... auditors with the ATO. There are currently 4341 registered SMSF auditors. As a result of referrals from the ATO's compliance program and other identified SMSF auditor conduct concerns, ASIC has deregistered 14 SMSF auditors and imposed conditions ...

Risk, compliance staff in hot demand

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
With regulatory demands showing no signs of slowing in 2024, experienced risk and compliance professionals remain hot property. According to Kaizen Recruitment director Amanda Chisholm, factors like RG97, the Financial Accountability Regime, regulators' ...

MDA authorisations remain steady amid exodus

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2024
... the same period, the number of advisers has dropped to below 16,000. Alex Dunnin, executive director of research and compliance at Rainmaker Information, said it reflects market disruption. "The managed accounts market has increased 16% over the past ...

Indexed strategies to hit $1tn in two years

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
... grows one-third faster than the broad investment market," Rainmaker Information executive director of research and compliance Alex Dunnin said. "Within some asset classes, this will make indexing the default investment style, adding pressure on the business ...

Too many Aussies eligible for wholesale products: FSC

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
... financial advisers and AFS license holders, including one-off implementation expenses. Advisers may also face increased compliance demands and operational risks, particularly in serving a larger retail clientele, potentially leading to higher costs for ...

Super funds lack data for effective retirement assistance: Study

ANDREW MCKEAN  |  MONDAY, 5 FEB 2024
... crucial data on members' retirement income certainty preferences, hindering effective retirement assistance and compliance with Retirement Income Covenant obligations, research by Capital Preferences and Challenger reveals. The survey of 4000 Australians ...

Sequoia strikes deal to acquire Clique Paraplanning

ANDREW MCKEAN  |  MONDAY, 5 FEB 2024
... "Clique has been an approved provider of our licensee services division for some time, following an assessment by our compliance team of the quality of its advice documentation," Sequoia managing director Garry Crole said. "We encourage advisers to outsource ...

Family offices struggling to recruit: Study

CHLOE WALKER  |  MONDAY, 5 FEB 2024
Over three in four family offices across the globe are finding it difficult to recruit legal and compliance staff, new research by Ocorian reveals. Ocorian's latest global study, which surveyed 301 senior executives, including 50 family office investment ...

ASIC to tighten grip on super fund misdemeanours

ANDREW MCKEAN  |  FRIDAY, 2 FEB 2024
... industry review focused on improving the delivery of superannuation fund member services, looking initially at trustee compliance with obligations related to the handling of death benefit claims. Then onto greenwashing, which she said remains a key focus ...

Unlisted asset valuation practices under review

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... Standard. APRA said a significant amount of data was lost and "significant deficiencies" were identified in the fund's compliance with CPS 234 - Information Security. More super funds are expected to submit CPS 234 self-assessments in the next six months ...