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Showing 531 - 540 of 854 results for "Code"

Super industry accepts group insurance needs work

DARREN SNYDER  |  THURSDAY, 9 MAR 2017
... recognition comes from the newly-formed Insurance in Superannuation Working Group (ISWG), which has an overall aim to develop a Code of Practice/Conduct for life insurance in superannuation and develop new standards for trustees and insurers. In its ...

AFA chief executive steps down

DARREN SNYDER  |  TUESDAY, 7 MAR 2017
... the setting of the Fellow Chartered Financial Practitioner designation (FChFP) at Masters level; AFA's renewed Professional Code and Principles of Practice; the AFA Excellence in Education, AFA Female Excellence in Advice and AFA Practice of the Year ...

NAB chief promises greater accountability

KARREN VERGARA  |  MONDAY, 6 MAR 2017
... major banks in an effort to review Australia's banking and financial system. Of the 1138 employees, who breached the bank's code of conduct during the 2016 financial year, only two senior managers were sacked and three faced disciplinary action, which ...

Life insurance industry rebuts need for greater reform

JAMIE WILLIAMSON  |  MONDAY, 6 MAR 2017
... to reaffirm the FSC's support for the Life Insurance Framework, the professional standards legislation, and the industry's Code of Practice coming in to effect on 1 July. Commonwealth Bank group executive, wealth management, Annabel Spring also appeared ...

Super funds trawling eBay for legacy parts

ALEX BURKE  |  THURSDAY, 2 MAR 2017
FSC chief executive Sally Loane believes financial services laws are "locking down" the industry and consumers into out-dated products. Speaking at the FSC State of the Industry address in Sydney, Loane said the problem is embedded to the extent where ...

Professional standards spark SAFAA training

DARREN SNYDER  |  THURSDAY, 23 FEB 2017
... requirements for new and existing financial advisers, supervision conditions for new advisers, an industry-wide benchmark exam and a code of ethics as part of the mandate. GRC will be offering an array of online courses tailored specifically for SAFAA's ...

Fox urges advisers to become professionals

EMMA RAPAPORT  |  TUESDAY, 21 FEB 2017
... which will propel financial advisers to the status of 'professional', and encouraged all advisers to start studying, read the code of ethics, and put their opinions forward to the association. "The legislation by applying this code to every practicing ...

Fraser review challenges super board independence

DARREN SNYDER  |  FRIDAY, 17 FEB 2017
... the Australian Institute of Superannuation Trustees (AIST) should implement his four recommendations in its new governance code developed in tandem with the review. Notably, he suggests director tenure be subject to reasonable discretion rather than ...

FPA expels and fines dishonest member

EMMA RAPAPORT  |  WEDNESDAY, 15 FEB 2017
... the CRC decided to expel Tindall of PWM Advice, Orange, NSW, from the membership of the FPA for multiple breaches of the Code of Professional Practice. The CRC found that Tindall failed to conduct himself professionally or ethically, acted with a lack ...

Landmark advice reforms pass Senate

EMMA RAPAPORT  |  FRIDAY, 10 FEB 2017
... the financial advice sector. The body will set the educational requirements, develop and set the exam and create a uniform Code of Ethics. From 1 January 2019, new advisers will be required to hold a relevant degree before they are eligible to commence ...