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Showing 521 - 530 of 4873 results for "FAR"

New CFS platform at the cutting Edge: Quirk

CHLOE WALKER  |  TUESDAY, 1 AUG 2023
After several months' delay, Colonial First State's much-anticipated Edge platform has launched, with CFS distribution lead Bryce Quirk saying it's expected the new offering will fare as well as FirstChoice. Developed in collaboration with FNZ, CFS ...

NGS ahead of schedule on net zero strategy

RACHEL ALEMBAKIS  |  FRIDAY, 28 JUL 2023
... particularly relevant to the Australian equities portfolio," he said. "Global equities show very little tracking error, but it is far greater in the Australian market." Their low carbon glidepath approach has introduced an extra 40 to 60 basis points ...

Advisers lacking PII sidestep AFCA rulings

KARREN VERGARA  |  FRIDAY, 28 JUL 2023
Financial advice firms are "problematically" sidestepping compensation payments after the Australian Financial Complaints Authority (AFCA) hands down a decision, using the excuse that they do not have professional indemnity insurance (PII). Out of 5400 ...

Industry grapples with looming cyber threats

CHLOE WALKER  |  THURSDAY, 27 JUL 2023
... to all ASIC-regulated entities for the first time. In a statement to Financial Standard, ASIC confirmed most respondents so far have opted in to receive an individual report, providing insight as to how their cyber resilience compares to their peers. ...

Recession risk is receding: Natixis IM

CHLOE WALKER  |  WEDNESDAY, 26 JUL 2023
... opportunities if you look carefully. "Compared to expectations at the end of last year, 2023 has been surprisingly positive so far, but investors need to stay alert to ongoing headwinds to prevent complacency," he warned. "Inflation has gone from an ...

Marriage splits for Australia's richest

CHLOE WALKER  |  WEDNESDAY, 26 JUL 2023
In the span of a week, two of Australia's richest couples called it quits, resulting in a considerable loss of individual wealth. Australia's richest couple, Andrew (Twiggy) Forrest and his wife Nicola separated after 31 years of marriage but said the ...

ASIC sues Vanguard for greenwash in bond fund

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023
... certain industries, including fossil fuels. "We consider that the screening and research undertaken on behalf of Vanguard was far more limited than that being promised to investors, and we consider this constitutes another example of greenwashing." ASIC ...

ASIC lifts ClearView interim stop order

KARREN VERGARA  |  FRIDAY, 21 JUL 2023
... affected IP distributed through general advice only and did not affect advisers who provide personal advice. ASIC has thus far issued 39 interim stop orders for defective TMDs relating to general and life insurance products. This is the first interim ...

Regulators begin FAR consultation

CHLOE WALKER  |  THURSDAY, 20 JUL 2023
APRA and ASIC have commenced an early consultation on the Financial Accountability Regime (FAR), calling for input from ADIs, insurers and super trustees. Together, the regulators have released key materials for consultation to support the timely implementation ...

Less than two weeks to nominate: Power50

STAFF WRITER  |  THURSDAY, 20 JUL 2023
... weeks left to nominate the most influential financial adviser in Australia for Financial Standard 's annual Power50 list. Thus far, almost 118 financial advisers from all types of specialisations have been nominated. Now in its 10th year, the FS Power50 ...