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Showing 41 - 50 of 166 results for "Practice of"

AMP transfers 25% of accounts to ATO

ELIZA BAVIN  |  MONDAY, 25 NOV 2019
... ATO." The House of Representatives Standing Committee on Economics has been grilling superannuation funds over the practice of transferring "zombie accounts" to rollover fund AUSfund. "Personally, I believe in the spirit of the law, transferring them ...

Undisclosed additional lending must stop

KRISTI CHENG  |  THURSDAY, 26 SEP 2019
The practice of lending by an unregistered second ranking charge must stop, according to Metrics Credit Partners managing partner Andrew Lockhart. The practice of giving additional lending without disclosing it to the bank, typically for commercial ...

Document leak puts NAB under the pump

HARRISON WORLEY  |  FRIDAY, 2 AUG 2019
... need to remediate customers for in the future. According to the news report Henry was "confident" the bank's then practice of lending money to self-managed super funds for the purpose of investing in managed funds would need to be remediated in the ...

CFA Institute settles hiring dispute

DARREN SNYDER  |  WEDNESDAY, 27 FEB 2019
The CFA Institute has settled with the US Department of Justice over the practice of hiring temporary overseas exam graders. The global association of investment professionals will pay a fine of US$321,000 ($446,768) following an investigation into ...

Vertical integration not to blame

HARRISON WORLEY  |  MONDAY, 26 NOV 2018
... widely-adopted model. Westpac - the only major Australian bank not to recently offload its wealth management arm - defends the practice of vertical integration. The structure is not responsible for the misconduct heard at the financial services Royal ...

BEAR should be expanded, ASIC included: Shipton

JAMIE WILLIAMSON  |  FRIDAY, 23 NOV 2018
... simply be for the regulator to ensure it is holding itself to account. Further, Shipton described such a move as good practice of good governance at which point Orr questioned him on the current governance structure of ASIC. Outlining that ASIC's leadership ...

FPA honours top advisers

KARREN VERGARA  |  THURSDAY, 22 NOV 2018
... the Year Award. Wotherspoon Wealth, an Adelaide-based practice established eight years ago, won the FPA Professional Practice of the Year Award Cooper Wealth Management's Felicity Cooper took home the FPA Financial Planner AFP of the Year Award. The ...

Royal Commission puts bonuses on notice

HARRISON WORLEY  |  TUESDAY, 20 NOV 2018
... Orr's pointed questioning at the Royal Commission. Yesterday, the CBA chief found himself defending CBA's practice of offering staff "short term variable remuneration" - otherwise known as a bonus - despite understanding the compliance risks ...

FPA fines Henderson $50k

KARREN VERGARA  |  WEDNESDAY, 14 NOV 2018
... McKenna, a sought Henderson's advice after discovering he won the 2016 Association of Financial Advisers' Practice of the Year award. McKenna said Henderson persistently pushed for moving her superannuation into a self-managed superannuation ...

Adviser, Practice of the Year named

JAMIE WILLIAMSON  |  SATURDAY, 13 OCT 2018
The AFA Adviser and Practice of the Year have been announced at a gala dinner on the Gold Coast. As is tradition, the Association of Financial Advisers capped off its annual National Adviser Conference with the presentation of its most highly coveted ...