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Showing 551 - 560 of 1812 results for "Regulation 2014"

ASIC funding numbers released

HARRISON WORLEY  |  THURSDAY, 6 DEC 2018
Investment managers and financial advisers were among the leading sectors responsible for funding ASIC last financial year. Publishing its regulatory costs for FY17-18, ASIC issued a bill worth more than $28 million on the financial advice sector as ...

FPA honours top advisers

KARREN VERGARA  |  THURSDAY, 22 NOV 2018
The Financial Planning Association of Australia kicked off its annual conference in Sydney yesterday afternoon by honouring outstanding professionals in the industry. Perth-based Michael Carmody of Viva Wealth took out the coveted FPA Certified Financial ...

SelectingSuper honours super industry leaders

DARREN SNYDER  |  THURSDAY, 22 NOV 2018
A $37 billion industry superannuation fund reclaimed its position as fund of the year at the annual Rainmaker SelectingSuper Awards in Melbourne this morning. Hostplus was crowned fund of the year. It was one of five awards for the industry fund, including ...

AI ramping up but legal risks remain

KANIKA SOOD  |  FRIDAY, 16 NOV 2018
Financial services companies are betting on artificial intelligence (AI) more than ever, but remain sceptic of compliance and legal risks of the technology, according to a new Baker McKenzie report. Baker McKenzie surveyed 355 financial services leaders ...

Westpac admits it didn't take FoFA seriously

KANIKA SOOD  |  WEDNESDAY, 7 NOV 2018
Westpac said while implementing the Future of Financial Advice reforms, it did not embed strong enough controls and record-keeping to police fee-for-no-service advice. The admission was made in the bank's annual sustainability report released today ...

Macquarie reshuffles asset management lineup

KANIKA SOOD  |  FRIDAY, 2 NOV 2018
Macquarie Group has made three senior appointments and reshuffled its asset management business as it posts 1H19 net profits of $1.3 billion. Former RBA board member Jillian Broadbent AO is joining the boards of Macquarie Group and Macquarie Bank as ...

Enforceable undertakings are effective: Research

KARREN VERGARA  |  FRIDAY, 26 OCT 2018
Despite receiving a bad rap for being ineffective during the financial services Royal Commission, new research finds the majority of enforceable undertakings deter future misconduct. This is according to a joint study conducted by ASIC and the University ...

Digital custody evolutionary, not revolutionary: SIBOS

HARRISON WORLEY  |  THURSDAY, 25 OCT 2018
A SIX executive told SIBOS delegates moving to a complete digital custody system in one go would prove to be a challenge for the global financial services industry. Speaking at the SIBOS conference in Sydney on Tuesday morning, SIX head of product management ...

Afterpay faces senate inquiry

KARREN VERGARA  |  FRIDAY, 19 OCT 2018
The Labor party will launch a senate inquiry into whether regulation around payday lenders such as Afterpay is adequately protecting low and middle income, and financially stressed Australians. Labor senator Jenny McAllister said yesterday that the ...

Financial literacy critical to European retirement

DARREN SNYDER  |  THURSDAY, 11 OCT 2018
Australians are not alone when it comes to leaving retirement savings on the table from a lack of financial literacy. However, Europeans arguably face a steeper learning curve. The J.P. Morgan Asset Management 2018 Income Barometer Survey, which interviewed ...