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Showing 41 - 50 of 542 results for "Ethics"

Will HNW firms re-enter retail advice?

KARREN VERGARA  |  WEDNESDAY, 1 NOV 2023
... chief executive Maria Lykouras told yesterday's AFR event. With increased education standards, the focus on the code of ethics, uplift in some of the legislative requirements, Lykouras said that it puts JBWere in a "strong position now to focus and ...

Adviser exam records 73% pass rate

JAMIE WILLIAMSON  |  FRIDAY, 15 SEP 2023
... Act and the Tax Agent Services Act; applied ethical and professional reasoning and communication (including the Code of Ethics); and financial advice construction - the suitability of advice aligned to different consumer groups, incorporating consumer ...

AI to revolutionise investment industry: Research

CASSANDRA BALDINI  |  WEDNESDAY, 13 SEP 2023
... product life cycles accelerate, firms and professionals must embrace innovation and embed creative thinking, teamwork, and ethics into product development," it said. "Innovation capabilities should strengthen through greater resourcing and stronger governance ...

Advisers lacking PII sidestep AFCA rulings

KARREN VERGARA  |  FRIDAY, 28 JUL 2023
... advisers decreasing, the standards have inversely increased. From about 2018, when new education standards and the Code of Ethics were introduced, Singh said there has been an increase in the quality of advice delivered by the profession. It is "almost ...

Allegro unveils PwC entity as Scyne Advisory

CASSANDRA BALDINI  |  TUESDAY, 4 JUL 2023
... of the new business. "The new leadership's immediate focus will be on achieving a rapid transition to independence, with ethics, strong governance and a government-only focus embedded from the start," they commented. During the search for a chief executive ...

FSCP hands down second order, audits adviser

KARREN VERGARA  |  WEDNESDAY, 28 JUN 2023
... client and providing advice that was not appropriate. He also made false and misleading statements and breached the Code of Ethics, such as the duties of trustworthiness, competence, honesty, fairness, and diligence. As a result, the panel has forced ...

Large AFSLs lead advice complaints: AFCA

KARREN VERGARA  |  THURSDAY, 22 JUN 2023
... panel said Mr. S contravened the Corporations Act by engaging in misleading or deceptive conduct and breaching the Code of Ethics. The FSCP ultimately ordered Mr. S's licensee to perform three successive compliance audits in relation to personal ...

ASIC releases May exam pass rate

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... (92%) who sat the exam have passed, demonstrating they have the skills to apply their knowledge of advice construction, ethics and legal requirements to the practical scenarios tested in the exam, ASIC said. About 15,810 are recorded as current financial ...

Treasury to scrap advice admin burdens, boosts intra-fund advice

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... (accepted in principle as per Recommendation 11). More details about the replacement SoA and the Financial Adviser Code of Ethics will be released in due course. As for conflicted remuneration, Jones accepted many components of Recommendation 13, whereby ...

Treasury hands PwC tax scandal to AFP

CASSANDRA BALDINI  |  THURSDAY, 25 MAY 2023
... following the matters at hand. Switkowski was named alongside PwC's own Tony O'Malley who was appointed chief risk and ethics leader amid the ongoing tax crisis. At the time, Stubbins commented that the firm is "committed" to learning from its mistakes. ...