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Showing 751 - 760 of 3466 results for "Response"

Throw out financial services law clutter: ALRC

ANDREW MCKEAN  |  WEDNESDAY, 5 OCT 2022
... house of law much more inviting, for all those required to visit." The ALRC is seeking submissions from the public in response to the proposals and questions by November 30. Following the Royal Commission, the ALRC was tasked with reviewing financial ...

RBA tipped for another rate rise

CHLOE WALKER  |  TUESDAY, 4 OCT 2022
... running extremely high, the US Federal Reserve has increased its 2022 yearend rate projection by an additional 100bps. In response, the Australian dollar has suffered. "While the RBA has noted a preference for a weaker Australian dollar, it's now approaching ...

UK regulator to inspect advice and guidance rules

CASSANDRA BALDINI  |  TUESDAY, 4 OCT 2022
... Financial Conduct Authority (FCA). Regulatory burden pricing consumers out of advice is being felt across the pond and in response, the UK regulator said it's taking a look. "MiFID was introduced 15 years ago and had a clear distinction between advice ...

ASIC issues stop order on third property fund

CASSANDRA BALDINI  |  FRIDAY, 30 SEP 2022
... Earlier this month ASIC issued stop orders on the Australian Residential Property Fund and Private Property Trust No. 20 in response to deficiencies in their TMDs. In late July, ASIC used its powers under the DDO regime to place interim stop orders on ...

Tech providers support QAR SOA proposals

CASSANDRA BALDINI  |  THURSDAY, 29 SEP 2022
... said QAR chair Michelle Levy makes a critical point, consumers want good advice, not documents and processes. In the response, titled Through the Lens of the Modern Adviser, Henderson highlights extensive research that points to the SOA adding little ...

Still work to do on QAR: Levy

CASSANDRA BALDINI  |  FRIDAY, 23 SEP 2022
... far, Levy said most of the feedback she's received has been positive. What she said has been most surprising is the response from consumer bodies. She reiterated that QAR is a consumer protection and a strong package that will benefit consumers. ...

The time for change is now: Jones

CASSANDRA BALDINI  |  WEDNESDAY, 21 SEP 2022
... always going to be the consumers and ensuring they are well protected." Jones said consumers' views would inform his response to the recommendations of the Levy inquiry and other processes. "I am also aware that we have challenges around new people entering ...

Research explores advice industry's maturation

ANDREW MCKEAN  |  TUESDAY, 20 SEP 2022
New research has measured the progress made towards achieving recognised professional status within the Australian financial advice sector. An academic article authored by financial adviser and researcher Ben Neilson noted that advisers have recently ...

APRA to modernise regulatory frameworks

ANDREW MCKEAN  |  TUESDAY, 13 SEP 2022
... standards). APRA chair Wayne Byres said: "Since APRA's creation in 1998, the prudential framework has expanded and evolved in response to new risks, changes in legislation and developments in the external environment. With 140 prudential standards and ...

GSFM names key account manager

CASSANDRA BALDINI  |  MONDAY, 12 SEP 2022
... Stanley where he was an institutional equities trader. GSFM chief executive Damien McIntyre said the appointment is in response to continued strong demand in the Australian and New Zealand markets for GSFM's strategies. "Andrew's 15 years of experience ...