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Showing 761 - 770 of 2805 results for "Regulation"

Industry bodies work to ease regulatory burdens

ELIZABETH MCARTHUR  |  FRIDAY, 3 APR 2020
Industry groups want the government to make fast, cheap financial advice possible for those impacted by the COVID-19 downturn - especially when it comes to early access to super. The Regulatory Burden Taskforce - comprised of the Financial Planning ...

Could relief on advice compliance save consumers?

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
Panicked, stressed people are making rash decisions and falling victim to scams as they navigate the economic fallout of COVID-19 - but compliance has left some financial advisers and service providers feeling hamstrung in helping. Meg Heffron, managing ...

Rent relief welcome news for SMSFs

ELIZABETH MCARTHUR  |  MONDAY, 30 MAR 2020
... relief from landlords, for an SMSF to charge a related party rent that is below market value is a contravention of regulation and would incur penalties. This is because lease payments should be on commercial "arms-length" terms. "SuperConcepts fully ...

IMAP not anticipating regulatory overhaul

ELIZA BAVIN  |  WEDNESDAY, 25 MAR 2020
The chair of IMAP does not expect a major overhaul of the managed accounts space when ASIC's focus returns to the MDA review. Earlier this week, ASIC announced the MDA review is being put on hold, after "recalibrating" its regulatory priorities as it ...

Chief economist update: The cheaper alternative

BENJAMIN ONG  |  WEDNESDAY, 25 MAR 2020
"Australia is following in the COVID-19 footsteps of the UK and experts are warning the floodgates are likely to open soon." This statement -- printed by the Australian Financial Review - talked about the rising number of infections in the UK and how ...

Positives from the pandemic for advisers

ELIZABETH MCARTHUR  |  TUESDAY, 24 MAR 2020
... justified on the past $40 billion product failure environment being falsely and unfairly blamed on advisers, when the regulation and management of products sits squarely in the domain of regulators and institutional management."

Chief economist update: China leads the way

BENJAMIN ONG  |  TUESDAY, 17 MAR 2020
"Hush, little baby don't say a word Papa's gonna buy you a mocking bird..." Perhaps, a throwback to my childhood but the lullaby applies to the different stages governments around the planet - culminating in total lockdown of their borders - ...

Stand still, get left behind

ELIZABETH MCARTHUR  |  MONDAY, 16 MAR 2020
... Conly added. "The level of integration expected of managers has evolved as the industry has evolved, with changing regulation, increasing understanding, more disclosure and reporting allowing a general positive shift in the level that investment managers ...

Advisers too time-poor for cash management

HARRISON WORLEY  |  THURSDAY, 12 MAR 2020
New research shows financial advisers are struggling to make time for important aspects of the advice process, including cash management. Macquarie's newly released Cash flow management opportunity report shows 93% of advisers recognise the value of ...

Chief economist update: The cure for Italy's tourism problem

BENJAMIN ONG  |  WEDNESDAY, 11 MAR 2020
Italy, it seems, is getting everything that it wished for courtesy of one microscopic organism. Long before the COVID-19 epidemic spread, the Italian government implemented new rules and regulations in an attempt to reduce over tourism including; prohibiting ...