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Showing 561 - 570 of 854 results for "Code"

Professional standards legislation reaches parliament

KERRIE SYDEE  |  MONDAY, 17 OCT 2016
... compulsory education requirements for existing and new financial advisers; supervision requirements for new advisers; an industry code of ethics; an exam to create an industry common benchmark and an ongoing professional development component. The new ...

ASX responds to CFR regulatory expectations

KERRIE SYDEE  |  WEDNESDAY, 12 OCT 2016
The ASX has updated its Cash Equities Clearing and Settlement Code of Practice to align with new Council of Financial Regulators (CFR) policy statements. In March the Federal Government asked CFR to prepare the policy statements to ensure the right ...

New life code could go further: lawyer

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2016
Prominent legal firm Slater and Gordon believes the Life Insurance Code of Practice is a missed opportunity to fix serious systemic problems in the industry. Several life insurers welcomed the Code issued by the Financial Services Council (FSC) yesterday ...

Life Insurance Code targets self-regulation

MARK SMITH  |  TUESDAY, 11 OCT 2016
... the ability to sanction insurers who do not comply with a new set of standards laid out in an industry-wide Life Insurance Code of Practice produced by the Financial Services Council (FSC). The new code, released today, goes beyond what is required by ...

Industry bodies united on group insurance

JAMIE WILLIAMSON  |  MONDAY, 10 OCT 2016
On the eve of the Financial Services Council publishing its Life Insurance Code of Practice, industry bodies have collectively reinforced their beliefs on the purpose of group insurance in superannuation. The Association of Superannuation Funds of Australia ...

Adviser reform about recovering social licence

MARK SMITH  |  THURSDAY, 6 OCT 2016
... measures would have the most impact in improving things for consumers, the highest proportion (30%) felt a life insurance code would be the most effective. Remuneration changes was third with 12%, while 10% felt the LIF would not have any impact at all. ...

Alternatives fund takes stake in Ignition Wealth

ALEX BURKE  |  TUESDAY, 27 SEP 2016
... "significant" investment from an ASX-listed alternatives fund. Millinium Capital Managers' Millinium Alternatives Fund (ASX code: MAX) made the investment in the digital advice provider, which Ignition Wealth said was "consistent with the fund's mandate ...

Westpac alters incentive structure

KERRIE SYDEE  |  FRIDAY, 23 SEP 2016
... advisers will undergo ethics training and Hartzer said the firm will incorporate principles of the banking oath into its code of conduct for all employees. "We are committed to closing the trust gap. We create value for Westpac when we help customers ...

ASIC bans fraudulent adviser

KERRIE SYDEE  |  FRIDAY, 23 SEP 2016
... period of 22 months in the Brisbane District court on 55 charges of fraud under sections 408c of the Queensland Criminal Code.

Life insurance code needs clarity: FPA

KERRIE SYDEE  |  THURSDAY, 22 SEP 2016
... (FPA) has called for greater clarity around the overarching purpose of the Financial Services Council's (FSC) Life Insurance Code. In its latest submission to the FSC the FPA noted that while the current draft has made some progress compared to other ...