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Showing 641 - 650 of 1829 results for "Monitor"

ASIC launches action against AFSL, director

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2019
... Sterling Income Trust, Theta issued five defective PDSs for the trust and failed to take all steps necessary to effectively monitor the performance of Sterling Corporate Services as the investment manager. ASIC also alleges Theta failed to identify ...

ASIC lifts ban on new opaque active ETFs

KANIKA SOOD  |  WEDNESDAY, 11 DEC 2019
... other jurisdictions have implemented active ETFs that don't disclose portfolio holdings everyday. "We will continue to monitor international developments," it said. "ASIC's current position is that, with the aforementioned controls in place, internal ...

FASEA under pressure on managed accounts

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 DEC 2019
The Financial Adviser Standards and Ethics Authority is under pressure to clarify its stance on all forms of managed accounts. FASEA chief executive Stephen Glenfield confirmed he has met with the Institute of Managed Account Professionals and is considering ...

Rest climate risk case goes to trial

ELIZABETH MCARTHUR  |  MONDAY, 2 DEC 2019
... a member of the United Nations Principles for Responsible Investment and says it is strengthening efforts to measure, monitor and report on climate-related risks. But, Barnden pointed out what the fund is doing now in relation to climate change is irrelevant ...

New tool launches to help FASEA code compliance

ELIZABETH MCARTHUR  |  MONDAY, 2 DEC 2019
... businesses are seeing opportunity. One such organisation is MyNextAdvice, which has launched a solution to help licensees monitor adviser compliance. "ASIC has mandated that AFS Licensees are responsible for monitoring adviser compliance with the code ...

FASEA compliance has silver lining

KANIKA SOOD  |  FRIDAY, 29 NOV 2019
For financial planning practices that don't have a clearly laid out business plan, the workload of meeting FASEA's Code of Ethics requirements can be a great push to get it in order, according to a speaker at the FPA Congress. In a session about ...

Super fund PDSs to include single cost of product figure

HARRISON WORLEY  |  FRIDAY, 29 NOV 2019
... regulator to clarify how financial advisers should use fees and costs information when giving advice. ASIC added it would monitor fees and costs disclosure and consider taking action where it found misconduct. Rainmaker head of superannuation research ...

Regulators quash remuneration rumours

ELIZABETH MCARTHUR  |  THURSDAY, 28 NOV 2019
The Code of Ethics does not seek to ban particular forms of remuneration nor does it say that any forms of remuneration are specifically a conflict, FASEA chief executive Stephen Glenfield told the FPA Congress. Appearing as part of a regulatory update ...

FASEA chief to provide update

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 NOV 2019
The chief executive of the Financial Adviser Standards and Ethics Authority will address delegates at the FPA Congress, with an update expected. FASEA chief executive Stephen Glenfield will speak as part of a regulatory update, with Julie Berry from ...

Advice associations welcome ASIC stance

HARRISON WORLEY  |  WEDNESDAY, 27 NOV 2019
... Financial Advisers (AFA) have welcomed ASIC's approach to licensee obligations for the code, which won't see the regulator monitor or enforce individual adviser compliance. AFA chief executive Phil Kewin said the AFA and a number of associations had ...