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Showing 811 - 820 of 4131 results for "Conduct"

Advised Aussies better off on all fronts: Study

JAMIE WILLIAMSON  |  WEDNESDAY, 5 OCT 2022
Australians who seek financial advice measure better on all aspects of quality of life and better mental health, according to new research from the Financial Planning Association of Australia. The research, which was conducted by MYMAVINS, compared ...

UK regulator to inspect advice and guidance rules

CASSANDRA BALDINI  |  TUESDAY, 4 OCT 2022
A review of the boundaries between advice and guidance will be carried out by the Financial Conduct Authority (FCA). Regulatory burden pricing consumers out of advice is being felt across the pond and in response, the UK regulator said it's taking ...

Industry funding model discussion commences

JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2022
... opportunities for improving transparency and reporting of those costs; and whether charging costs related to illegal unlicensed conduct to the most 'relevant' sub-sector is appropriate. It also provides alternative options for distributing costs to sub-sectors ...

ASIC updates remediation rules

CHLOE WALKER  |  TUESDAY, 27 SEP 2022
The corporate regular has refreshed guidance on remediation activities, as it reveals close to $2 billion in redress remains unpaid. Over the past six years, ASIC has overseen at least $5.6 billion in remediation for an estimated seven million consumers ...

Caddick mansion officially on the market

JAMIE WILLIAMSON  |  MONDAY, 26 SEP 2022
The listing for the Dover Heights home that Melissa Caddick disappeared from in November 2020 has gone live, with hopes the sale will help return money to those she ripped off. Listed for sale with Sydney Sotheby's International Realty, 5 Wallangra ...

Link acquisition deal terminated

ANDREW MCKEAN  |  MONDAY, 26 SEP 2022
... collapsed. Following necessary conditions not being satisfied, including the Woodford Matters condition and the UK Financial Conduct Authority condition, the Court declined to make orders approving the deal and dismissed proceedings. As a result, the ...

No surprise advice industry fears ASIC: Panel

CASSANDRA BALDINI  |  FRIDAY, 23 SEP 2022
... of factors considered when reviewing the pursuit of enforcement outcomes. "We're looking at the seriousness of the conduct and the compliance history of the individual or the entity involved. We look at the consumer aspects of their detriment, there's ...

AMP cops $14.5m penalty over fees for no service

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
... complaints had been made. AMP Superannuation and AMP Life were knowingly concerned in those contraventions. While the conduct was not deliberate, it was extremely serious," the judge said. "AMP was aware it was charging fees for no service to these members ...

Research explores advice industry's maturation

ANDREW MCKEAN  |  TUESDAY, 20 SEP 2022
... show significant confidence in their ability to navigate ethical areas and can rely on their code of ethics to determine conduct as a basis for navigation and decision making," Neilson said. He said that the introduction of mandated ethical codes and ...

Former financial adviser pleads guilty

CASSANDRA BALDINI  |  TUESDAY, 20 SEP 2022
... financial services business while unauthorised to do so. He also pleaded guilty to one charge of engaging in dishonest conduct in relation to a financial service. Previously, Wertheimer was a financial adviser under his own company, John Wertheimer & ...