Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 751 - 760 of 3495 results for "compliance"

SMSFA calls for budget amendments

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
... amounts to the relevant year of income," it said. Lastly the association recommended providing practical regulatory and compliance relief for minor breaches of the non-geared unit trust rules. "Currently remediation is strictly limited to the winding ...

Final Royal Commission reforms to be tabled, YFYS review begins

JAMIE WILLIAMSON  |  WEDNESDAY, 7 SEP 2022
... also asking whether there is any particular expenditure that trustees are concerned about being able to demonstrate compliance with the duty. Financial Standard is the official media partner of the 2022 AIST Conference of Major Super Funds. To subscribe ...

Aware Super director wins Trustee of the Year

CHLOE WALKER  |  TUESDAY, 6 SEP 2022
... Year Award. Ramwell joined the super fund's board in 2019 and is the chair of Aware Super's audit, risk and compliance committee and a member of its investment committee and direct assets committee. She has over 25 years' experience in superannuation ...

Super fund disclosure rules finalised

ANDREW MCKEAN  |  MONDAY, 5 SEP 2022
... regulations ensure that RSE licensees are required to disclose an appropriate amount of information to members, while keeping compliance costs low to preserve members' money for retirement." In response to the updated regulations, Bragg said Jones must ...

Casey Thompson joins First Super board

ANDREW MCKEAN  |  MONDAY, 5 SEP 2022
... changing economic reform", saying his leadership was central to the creation of universal superannuation. Thompson is a compliance officer for the Construction Forestry Maritime Mining and Energy Union manufacturing division. She has worked in a variety ...

Increasing number of advisers look to self-licence

JAMIE WILLIAMSON  |  MONDAY, 5 SEP 2022
... self-licensed. That said, Investment Trends said the self-licensing movement has eased in recent times as additional compliance costs associated with going it alone have weighed. Further, one in four financial advisers expect to exit the industry in ...

Adviser exits fuel salary increases

JAMIE WILLIAMSON  |  THURSDAY, 1 SEP 2022
... have been driven by, among other things, decreasing adviser numbers, adviser experience gaps, business exits and the compliance burden, all making attracting and retaining talent challenging. Typically in short supply, there is plenty of opportunity ...

Perth Mint faces AUSTRAC probe

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
The Perth Mint is the subject of an AUSTRAC investigation into compliance with anti-money laundering laws. The financial crimes regulator has ordered the appointment of an external auditor to Gold Corporation, which trades as The Perth Mint, to assess ...

A sensible roadmap: Industry responds to QAR paper

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
... roadmap for delivering affordable and accessible financial advice by focusing on outcomes for consumers, not out-dated compliance documents and red tape." "Financial advice is weighed down by layers of red tape that has pushed the cost of advice to more ...

ASIC tells super trustees to improve TMDs

ANDREW MCKEAN  |  MONDAY, 29 AUG 2022
... target market determinations (TMD) for their products. The regulator's request follows a sample review of trustee compliance that found some poor practices. ASIC reviewed a sample of 55 TMDs prepared by 27 superannuation trustees across the industry ...