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

Search Results

Showing 61 - 70 of 82 results for "Design and distribution obligations"

DDO to simplify general, personal advice

ANNABELLE DICKSON  |  TUESDAY, 30 MAR 2021
... High Court decision on general advice will have an interesting and simplifying effect on the design and distribution obligations coming into effect later this year, according to a lawyer. Speaking at a Financial Services Council (FSC) event King & Wood ...

Morningstar releases DDO solution

ELIZABETH MCARTHUR  |  TUESDAY, 30 MAR 2021
With the October 2021 deadline for ASIC's new product design and distribution obligations fast approaching, Morningstar has released a new solution. "The most meaningful way to keep regulatory compliance costs low for industry participants and consumers ...

ASIC pursues criminal charges in super

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAR 2021
... originally slated to commence at the beginning of this year. In addition, Chester said the Design and Distribution Obligations (DDOs) and new complaints handling requirements coming into effect later this year will assist the regulator's work. "They ...

Iress to deliver DDO solution

ANNABELLE DICKSON  |  TUESDAY, 2 MAR 2021
... services software company has announced its plans to launch a technological solution to meet the Design and Distribution Obligations (DDO), commencing 5 October 2021. ASIC's RG 274 Product design and distribution obligations aims to help consumers ...

ASIC to take targeted approach with PIP

ELIZA BAVIN  |  WEDNESDAY, 17 FEB 2021
... regulation." Hughes also spoke about the regulators key priorities for the rollout of the design and distribution obligations (DDOs) scheduled for October this year. "DDOs are commencing on 5 October 2021 and represent a real step-change in financial ...

Regulators alert trustees of new obligations

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... regulators have expressed their expectations to trustees on the new member outcomes, and product design and distribution obligations. In a letter to trustees co-signed by APRA deputy chair Helen Rowell and ASIC commissioner Danielle Press, the regulators ...

Design, distribution obligations guide released

KARREN VERGARA  |  FRIDAY, 11 DEC 2020
The regulatory guide on product design and distribution obligations for the financial services industry has been released. ASIC's RG 274 Product design and distribution obligations aims to help consumers obtain appropriate financial products by ...

ASIC sounds the alarm on buy-now-pay-later

KANIKA SOOD  |  MONDAY, 16 NOV 2020
... a statement. "There are regulatory changes coming that will impact the industry, with the design and distribution obligations coming into effect in October 2021," it said adding it expects the industry to develop a code that provides good consumer outcomes ...

Sydney multi-boutique hires from Perpetual

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
... Investment Management Limited. Areas that Wong will work on include fee disclosure, product design and distribution obligations, and corporate collective investment vehicles. In his most recent role, Wong spent more than seven years with Perpetual Limited ...

DDO top of ASIC's agenda

ELIZA BAVIN  |  TUESDAY, 27 OCT 2020
... ASIC commissioner Sean Hughes said DDO reforms remain a top priority for the regulator. "The design and distribution obligations, which now commence on October 5 next year, represent a step-change in financial services regulation, placing greater responsibility ...