Search ResultsShowing 41 - 50 of 100+ results for "Australian"
Former NAB, Infocus advisers banned
ALLY SELBY  |  MONDAY, 2 DEC 2019
... assessments of products that might achieve clients' objectives and needs." The regulator also found that the South Australian adviser "backdated advice documents to give the impression to her licensees that she had complied with her obligations under ...
Global fixed income trust launched
ELIZA BAVIN  |  MONDAY, 2 DEC 2019
... generate returns." Ross Cartwright, MFS managing director, head of retail, Australia and New Zealand, said: "With Australian interest rates at a record low, using a global approach to seek additional sources of income and improved risk/reward in fixed ...
Enforcement appetite is working: APRA
ELIZA BAVIN  |  MONDAY, 2 DEC 2019
... within it are financially sound and resilient. This is important, and shouldn't be taken for granted. It serves the Australian community well - a thriving economy cannot be sustained without a well-functioning financial system," Byres said. Ahead of ...
First green bond ETF listed
ELIZA BAVIN  |  FRIDAY, 29 NOV 2019
... cap for ethical ETFs has risen by more than 230% since 2017. Bonds will only be eligible if they bare denominated in Australian dollars, Euro or US dollars, are rated investment grade at a minimum Standard & Poors or Moody's Investor Services, be ...
Planners can prevent financial abuse
ELIZABETH MCARTHUR  |  FRIDAY, 29 NOV 2019
... are waking up to the issue of financial abuse of the vulnerable, with new legislation in the United States and the Australian Banking Association calling for a national protective strategy. "The focus should be on client safety and security, protecting ...
AFCA reveals approach to Code of Ethics compliance
JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2019
The Australian Financial Conduct Authority has outlined its approach to assessing financial planner conduct in relation to the Code of Ethics. Speaking at the FPA Congress, AFCA deputy chief ombudsman June Smith said the body will take a measured and ...
Don't over-interpret OECD super fee figures
HARRISON WORLEY  |  FRIDAY, 29 NOV 2019
... the OECD published it's Pension Markets in Focus report at the end of October, which used APRA figures to declare Australian super members are charged just 0.5% of total assets in fees or commissions to have their retirement savings taken care of. According ...
Chief economist update: Lower rates still fail to animate
BENJAMIN ONG  |  FRIDAY, 29 NOV 2019
Uh-oh...we might be getting in trouble now. Not only are Australian households not lifting their spending despite the drop in the official cash rate to a record low 0.75% but it's looking a lot like businesses aren't too. The Australian Bureau ...
AFSLs show widespread non-compliance: ASIC
ELIZA BAVIN, JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2019
... and renewal notice obligations , focused on whether the fee disclosure documents, provided by 30 randomly selected Australian financial services licensees, provided to clients complies with the law. The regulator required the licensees to produce samples ...
FPA consults on future of advice, policy initiatives
JAMIE WILLIAMSON  |  WEDNESDAY, 27 NOV 2019
... Feedback from members will underpin our policy and advocacy work so that we can promote new reforms that will benefit Australian consumers and financial planners alike," FPA chief executive Dante De Gori said. FPA members will be asked to contribute ...
Link to something O5CSJxAo