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Showing 761 - 770 of 1293 results for "Request"

Advice firm made to take specialist SMSF training

ALEX BURKE  |  THURSDAY, 31 MAR 2016
ASIC has requested all advisers in an SMSF advice firm complete specialist training following an investigation. CMH Financial Group was found to have provided advice that, in the regulator's view, "did not demonstrate that the advice provider had acted ...

ASIC and UK regulator sign fintech deal

ALEX BURKE  |  THURSDAY, 24 MAR 2016
ASIC and the UK's Financial Conduct Authority (FCA) have agreed to support innovative businesses or fintechs entering each other's respective markets. The goal is to reduce regulatory uncertainty for new Australian businesses entering the UK market ...

Trilogy Trust added to Powerwrap platform

KERRIE SYDEE  |  FRIDAY, 18 MAR 2016
The Trilogy Monthly Income Trust has been approved for inclusion on the Powerwrap platform through the Smartwrap Investment Account. The trust is designed to provide investors with exposure to the returns available from investments in loans secured ...

ANZ appoints PwC for OnePath compliance review

ALEX BURKE  |  TUESDAY, 15 MAR 2016
ANZ has appointed PwC to conduct an independent review of its compliance processes in its OnePath businesses. ASIC raised concerns following ANZ breach reports in 2013 to 2015 regarding life and general insurance, superannuation and funds management ...

Board members lose independence after 12 years: CalPERS

DARREN SNYDER  |  TUESDAY, 15 MAR 2016
One of the world's largest pension funds believes that company directors who serve more than 12 years on the same board are at risk of compromising their independence. The California Public Employees' Retirement System (CalPERS) has revised its global ...

ASIC tightens Macquarie's AFSL

ALEX BURKE  |  FRIDAY, 11 MAR 2016
ASIC has announced additional conditions on Macquarie Bank's Australian financial services licence following an investigation. ASIC investigated several Macquarie breach reports between 2004 and 2014 pertaining to "breaches of the client money provisions ...

Gender pay gap worsening: ACTU

DARREN SNYDER  |  MONDAY, 7 MAR 2016
... minimum wage plus superannuation; 15 hours of free childcare for every child per week for all families; and a right to request flexible work arrangements that clearly set out an employer's obligations to properly consider and make reasonable efforts ...

ASIC cracks down on "independent" AFSLs

ALEX BURKE  |  THURSDAY, 3 MAR 2016
... independence. Wilson HTM, iSelect Life and Citywide Insurance Brokers and Financial Planners have complied with ASIC's request after the regulator raised concerns about the language being used to promote their services. Specifically, ASIC said that under ...

ASIC slams ex-Macquarie agri chief for fake family office

ALEX BURKE  |  TUESDAY, 16 FEB 2016
ASIC has banned the former head of Macquarie Agricultural Funds Management (MAFM) for creating a fake family office. Timothy Hornibrook, who has been banned from practicing financial services for six years, was accused by the regulator of creating (with ...

Impact investments the next wave for RI

DARREN SNYDER  |  WEDNESDAY, 27 JAN 2016
Impact investments are seen as the next wave to flow from the global trend of purchasing alternative assets to help build responsible investment portfolios. In its 2016 Responsible Investment Outlook, AXA Investment Managers said impact investing will ...