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Showing 741 - 750 of 6071 results for "Commission"

Legal expert to lead QAR

KARREN VERGARA  |  FRIDAY, 11 MAR 2022
A legal expert will take the reins in leading the Quality of Advice Review, Senator Jane Hume announced this afternoon, adding that the terms of reference have also been finalised. Allens partner Michelle Levy, a specialist in financial services, life ...

ASIC to strengthen market integrity rules

KARREN VERGARA  |  FRIDAY, 11 MAR 2022
ASIC is introducing changes to its market integrity rules in a bid to evade further technological glitches. As of 10 March 2023, financial markets and participants can broadly expect changes to technological and operational rules across information ...

TAA calls for prudent pace for reforms

KARREN VERGARA  |  TUESDAY, 8 MAR 2022
... outcome of the Quality of Advice Review before it introduces more changes as espoused by the Australian Law Reform Commission. "Let's look very closely at the potential impact of any changes on consumers, advisers and other stakeholders before we ...

Direct indexing: The next evolution?

CHLOE WALKER  |  MONDAY, 7 MAR 2022
... afford it (in other words, the ultra-rich). However, two things have broadened the market for this strategy: the rise of commission- free trading and fractional share stock investing. Meanwhile, asset managers are responding to this momentum by acquiring ...

Advisers cautious of election promises

KARREN VERGARA  |  THURSDAY, 3 MAR 2022
The federal government must be held accountable for making sweeping promises around reducing compliance and qualification red tape, a financial advice industry event has heard. The minister for superannuation, financial services, and digital economy ...

FPA pushes for advice law simplification

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
... to strip out layers of complexity in the latest round of reforms. Citing its submission to the Australian Law Reform Commission review, FPA chief executive Sarah Abood is calling for the elimination of layers of legislation that advisers face that ultimately ...

Australia confirms economic sanctions against Russia

ELIZABETH MCARTHUR  |  TUESDAY, 1 MAR 2022
... attacks from Belarus. The Australian government supports economic restrictions on Russia put in place by the European Commission, France, Germany, Italy, the United Kingdom, Canada, and the United States. These measures include the removal of selected ...

CalPERS names new chief investment officer

JAMIE WILLIAMSON  |  WEDNESDAY, 23 FEB 2022
... the resignation of Ben Meng who was accused of failing to fully comply with the California Fair Political Practices Commission in regards to financial disclosures. It was alleged under his leadership that the fund had invested in companies blacklisted ...

FSCP panel members named

CHLOE WALKER  |  TUESDAY, 15 FEB 2022
... have been appointed by Treasury as the new disciplinary regime kicks off. The Financial Sector Reform (Hayne Royal Commission Response - Better Advice) Act 2021 established the FSCP within ASIC as the single disciplinary body for financial advisers from ...

CDPP dumps ANZ cartel case

KARREN VERGARA  |  MONDAY, 14 FEB 2022
... from an ANZ institutional share placement in August 2015 worth $2.5 billion. The Australian Competition and Consumer Commission led the investigation and later referred it to the CDPP. ACCC chair Rod Sims said: "We respect the independent decision of ...