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Showing 801 - 810 of 1871 results for "Authority"

ASIC terminates managed accounts provider AFSL

KARREN VERGARA  |  FRIDAY, 1 FEB 2019
... "Consumers should ensure they have a good understanding of all the fees and charges, and carefully consider the scope of authority they are giving to their adviser," she said.

New rules for UK retirement income products

JAMIE WILLIAMSON  |  TUESDAY, 29 JAN 2019
... strict new investing rules, with proposed regulation designed to increase consumer engagement. The Financial Conduct Authority is concerned about consumers moving into drawdown and holding their funds in investments that will not meet their needs, namely ...

Will the PC recommendations fall through the cracks?

KARREN VERGARA  |  WEDNESDAY, 23 JAN 2019
... in the 46th Parliament," he said. While some of the recommendations may be possible to legislate by way of delegated authority via APRA, the ATO, or ASIC, much of the policy would require the passage of bills through Parliament. "As we've seen with ...

Chief economist update: Safe as burning houses

BENJAMIN ONG  |  MONDAY, 14 JAN 2019
... get our "houses" in order. However, tighter lending restrictions implemented by the Australian Prudential Regulation Authority (APRA) and as a result of the Hayne Royal Commission have already dented confidence in the Australian property market, sending ...

Specialist SMSF advisers need only apply

JAMIE WILLIAMSON  |  THURSDAY, 10 JAN 2019
... suggesting the requirement form an extension of the new standards in place under the Financial Adviser Standards and Ethics Authority. Further, the report has recommended that advisers be required to provide a document that clearly explains the key issues ...

FASEA reforms see ASIC register swell

JAMIE WILLIAMSON  |  TUESDAY, 8 JAN 2019
... January 2016 and 1 January 2019 will be considered an existing adviser by the Financial Adviser Standards and Ethics Authority (FASEA). The only way for an adviser to demonstrate they are an existing provider is to have been listed on the ASIC FAR with ...

WestConnex among largest infrastructure deals in 2018

KARREN VERGARA  |  TUESDAY, 8 JAN 2019
... infrastructure projects by deal size globally in 2018, latest Preqin data shows. Backed by the Abu Dhabi Investment Authority and a consortium that includes AustralianSuper and Transurban, the $9.26 billion WestConnex project was billed the fourth largest ...

FASEA releases professional year standard

HARRISON WORLEY  |  FRIDAY, 21 DEC 2018
... people undertaking work and training requirements to become a financial adviser or planner from 2019. The standards authority confirmed the professional year plan would be required to develop competencies in technical competence, client care and practice ...

FASEA finalises adviser CPD standard

HARRISON WORLEY  |  FRIDAY, 21 DEC 2018
... requirements for financial advisers. Listening to industry consultation, the Financial Adviser Standards and Ethics Authority made several determinations upon registering the legislative instrument for CPD requirements. The CPD standard will require ...

ASIC permanently bans former Apogee adviser

KARREN VERGARA  |  TUESDAY, 18 DEC 2018
... He was an authorised representative of Apogee from 10 April 2012 until 16 October 2017. Apogee revoked the letter of authority in October 2017. ASIC added that Saad "was not of good fame and character." He has the right to lodge an application for review ...