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Showing 741 - 750 of 3495 results for "compliance"

ASIC issues stop order on third property fund

CASSANDRA BALDINI  |  FRIDAY, 30 SEP 2022
... said. ASIC further explained that APIL should consider concerns raised about the TMD and take immediate steps to ensure compliance. "If ASIC's concerns are not addressed in a timely manner, a final stop order will be placed on the fund," it warned. ASIC ...

FPA calls for sunset on experience pathway

JAMIE WILLIAMSON  |  WEDNESDAY, 28 SEP 2022
... providing an exemption at this point, given the 43% drop in authorised financial planners to date and post the exam compliance cut off, will fail to attract exited financial advisers back, nor will it remove the regulatory burden, duplication and inefficiencies ...

No surprise advice industry fears ASIC: Panel

CASSANDRA BALDINI  |  FRIDAY, 23 SEP 2022
... considered when reviewing the pursuit of enforcement outcomes. "We're looking at the seriousness of the conduct and the compliance history of the individual or the entity involved. We look at the consumer aspects of their detriment, there's a whole ...

Burgeoning challenges of the advice industry: Padua

ANDREW MCKEAN  |  THURSDAY, 22 SEP 2022
... and software solutions are able to assist that. Moving from a technical focus to a quality focus, moving from being compliance orientated, to a strategic orientation where we're focusing on the possibilities available to clients," Esler said. The industry ...

AFA president positive on industry outlook

ANDREW MCKEAN  |  WEDNESDAY, 21 SEP 2022
... acknowledged that many advisers have paid heavy prices over the last few years, many having left the industry as a result of compliance pressures and education reform. For advisers that didn't pass the exam, Perera thanked them for their service and ...

AMP cops $14.5m penalty over fees for no service

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
... from continuing. AMP admitted liability regarding these failures and admitted it did not have the proper systems and compliance arrangements in place to ensure the payments ceased when members left their employer," ASIC deputy chair Sarah Court said. ...

Inconsistencies across RIC strategies: Mercer

ANDREW MCKEAN  |  FRIDAY, 16 SEP 2022
... July. Mercer said: "We found variations in size, detail, target audience and messaging." "Some trustees have adopted a compliance-based approach, while others focus on embracing the intent of the Covenant obligations." The funds Mercer reviewed all chose ...

Lack of transparency hindering access to financial services: Survey

CHLOE WALKER  |  THURSDAY, 15 SEP 2022
... that the industry is working towards data democratisation. Meanwhile, nearly half (48%) of respondents said that their compliance and customer service departments would operate more efficiently and benefit from being part of a global consumer due diligence ...

Ex-Synchron boss appointed head of Libertas

CASSANDRA BALDINI  |  WEDNESDAY, 14 SEP 2022
... will reduce his time in the business. The statement added Osborne is well regarded for his commonsense approach to compliance, which he applied when working with Synchron and as a consultant to AIOFP members over the last few years. According to Sequoia ...

ABN AMRO Clearing pays $222k penalty

ANDREW MCKEAN  |  THURSDAY, 8 SEP 2022
... procedures document itself. The MDP considered that ABN AMRO's conduct was careless. It noted that ABN AMRO undertook a compliance review and implemented subsequent remedial action in relation to the alleged contraventions. Also, the MDP recognised that ...