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Showing 51 - 60 of 849 results for "Code"

Beware creep of cancel culture into super fund governance: Lawyer

ANDREW MCKEAN  |  FRIDAY, 7 MAR 2025
... conflicts of interest and reputational risks - arising from changes in an individual's personal circumstances - became code for virtue signally, 'woke,' or knee-jerk reactions to current events playing out in the news. "When APRA says a change ...

Housing construction lags broader economy by 49%: PC

KARREN VERGARA  |  MONDAY, 17 FEB 2025
The housing construction sector is lagging Australia's productivity levels by 49% and is helping fuel the affordable housing crisis, a new report from the Productivity Commission reveals. The Housing construction productivity: Can we fix it? report ...

FSCP deregisters adviser for two years

KARREN VERGARA  |  WEDNESDAY, 12 FEB 2025
... obligation, failed to prioritise his clients' interest over his own, and made misleading statements. He breached the Code of Ethics' standards of acting in accordance with all applicable laws and the code; and failed to provide financial product ...

Convicted adviser banned over $2m theft

MATTHEW WAI  |  MONDAY, 10 FEB 2025
... Australian Finance Group. On 14 May 2024, King was convicted of two counts of fraud under s708c of the Queensland Criminal Code and was sentenced to five and eight years of imprisonment with the sentences being served concurrently, ASIC said. He will ...

FSCP orders adviser to undertake further education

KARREN VERGARA  |  WEDNESDAY, 5 FEB 2025
... education covering retirement planning in the next 12 months. The FSCP added that the adviser "did not demonstrate the FASEA Code of Ethics' Value of Diligence and failed to comply with Standard 5 which includes the requirement that all advice a relevant ...

ASX bleeds $41bn from delistings

KARREN VERGARA  |  THURSDAY, 9 JAN 2025
... indication of increasing confidence around the macroeconomic environment," he said. E&P Financial Group, which traded under ticker code EP1, officially left the ASX on December 27. The firm flagged its intentions to ditch the ASX in September, claiming ...

ASIC sues HSBC Australia over $23m scam losses

MATTHEW WAI  |  MONDAY, 16 DEC 2024
... customers. "We allege HSBC Australia compounded the problem by failing to comply with its obligations under the ePayments Code and let its customers down when they needed their help the most, on average taking 145 days to investigate customers' reports ...

FSCP reprimands two advisers for sloppy tax advice

KARREN VERGARA  |  MONDAY, 16 DEC 2024
... relevant circumstances. Finally, under section 921E(3), the adviser did not demonstrate the value of diligence under the Code of Ethics. In another case, "Mr. W" two years ago recommended a client make a tax-deductible contribution to superannuation ...

Hostplus' AFCA complaint response times lag

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
... for these payments for comparison. The publication of the report comes as the fund doubled down on calls for an industry code of conduct. Elia said the introduction of a mandatory industry code, guided by the regulators, would set clear expectations ...

Self-regulation on the cards: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
... determine our standards, and we believe that we are now ready and most qualified to take control of education and training, code of ethics, and disciplinary regime," he told the annual FAAA Congress held in Brisbane. "We are a profession. We should expect ...