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Showing 791 - 800 of 2805 results for "Regulation"

Sophistication: More than money

ELIZABETH MCARTHUR  |  TUESDAY, 7 JAN 2020
Under the FASEA Code of Ethics the amount of money an individual has to invest can no longer be relied upon to determine whether they are a sophisticated investor or not. Sophisticated investors are defined by ASIC's Money Smart as investors with a ...

New Year, new APRA

ALLY SELBY  |  FRIDAY, 20 DEC 2019
... indicated that only 31% of stakeholders consider changes to APRA's prudential framework sufficiently consider the costs of regulation imposed on industry. "This suggests there is significant opportunity for APRA to improve transparency on the assessment ...

Platform appoints TPB director

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 DEC 2019
... industry experience that includes financial advice, superannuation, not-for-profit, government and domestic and overseas regulation are well regarded and the board looks forward to her contribution for the mutual benefit of the Xplore Wealth business ...

Cashwerkz, Complii partner to automate compliance

ALLY SELBY  |  TUESDAY, 3 DEC 2019
... the compliance process for stockbrokers and financial advisers. Complii software automates, records and reports on regulation requirements by ensuring ongoing compliance is carried out at both client and organisational levels. The digital platform also ...

Life insurers lost $3.4b over five years: APRA

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
The Australian Prudential Regulation Authority has launched an intervention into the life insurance market in response to ongoing heavy losses in respect of individual disability income insurance. The regulator announced a series of measures, including ...

Planners heed SMSF risk warning

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2019
... avoid triggering the ATOs radar. Aaron Dunn, who is the chief executive of Smarter SMSF, has provided an update on SMSF regulation, explaining changes to legislation and what the ATO is cracking down on at the moment. Discussing recent action by the ...

APRA responds to industry concerns

ELIZA BAVIN  |  THURSDAY, 28 NOV 2019
The prudential regulator has responded to submissions seeking clarity on its proposed Business Performance Review guide. APRA said a number of industry participants raised concerns over the proposed guide in submissions. The regulator said a number ...

ASIC probes Regal Funds Management

HARRISON WORLEY  |  WEDNESDAY, 27 NOV 2019
Regal Funds Management has confirmed an ASIC investigation into the asset manager is underway. In a statement, a Regal spokesperson said the firm this week learnt the corporate regulator had begun to conduct a preliminary investigation into the asset ...

Politician urges Treasurer to protect advisers

ELIZABETH MCARTHUR  |  FRIDAY, 22 NOV 2019
Federal member for Warringah Zali Steggall has written to Treasurer Josh Frydenberg to ask him to consider how regulatory changes are impacting financial advisers, requesting an extension to education reforms. Steggall wrote that a number of regulatory ...

Life risk insurance not profitable: KPMG

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
... really is about prioritising and managing these complex challenges - insurers need to ensure a tactical response to regulation does not result in more remediation issues." However, Kells urged onlookers to remember the underlying premise of life insurance ...