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| | | ... this, particularly when the number of financial advisers is declining so rapidly and at the same time the professional standards are being increased," the AFA said. The association said it assumes one driver for the increase is ramped up action against ... |
| | | | ... on resolution and recovery planning, considering the lessons of the past 12 months. It said it will update prudential standards on operational risk, governance and risk management, and consulting with industry on guidance for climate change financial ... |
| | | | ... recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and the Sustainability Accounting Standards Board (SASB), which covers a broader set of material sustainability factors," Fink said. "We are greatly encouraged by the progress ... |
| | | | ... performance of MySuper products and is slated to commence from 1 July 2021. The products that have underperformed APRA's standards over two consecutive annual tests will be prohibited from receiving new members until a further annual test that shows ... |
| | | | ... Mary-Catherine Lader said. "As BlackRock makes sustainability its standard for investing, we are committed to raising the standards for ESG data and technology. "We're investing in new analytics and software in Aladdin and are also integrating capabilities ... |
| | | | ... of other strategies, formulate the advice and compile the statement of advice." Centrepoint Alliance head of licensee standards Nicole Alexander, along with Dummett and Ardino, noted the most advised topics are retirement planning, superannuation and ... |
| | | | ... recommendation that the advice sector be regulated by a single authority. Advisers will still have to meet the FASEA education standards however, having until 1 January 2026 to reach an education standard equivalent to an approved degree. In December ... |
| | | | ... chair Ian Klug said. "The TPB will continue to target unregistered preparers to ensure the professional and ethical standards of the tax profession is maintained. "The sentencing, fines of over $640,000 and the imprisonment of Mr Hacker, sends a strong ... |
| | | | ... financial advisers, the Protecting Your Super Package and extending the time for advisers to complete the Financial Adviser Standards and Ethics Authority exams and winding it down to introduce a single disciplinary body. "I look forward to continuing ... |
| | | | ... disruption this year, with a number of licensees closing down or restructuring. Advisers who do not wish to meet the FASEA standards, or who were ready to retire, have continued to leave." He added that there are still over 10,000 financial advisers ... |
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