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Showing 821 - 830 of 2859 results for "Standards"

FIIG calls for taxation, regulatory overhaul

ELIZA BAVIN  |  FRIDAY, 19 JUN 2020
... to cover each of the core asset classes. FIIG suggested best practice asset allocation should be part of the ethical standards set out by FASEA. It argued that if an adviser is providing prudent advice they should be compelled to consider best practice ...

Sargon buyers announce execs, ditch Sargon name

KANIKA SOOD  |  THURSDAY, 18 JUN 2020
... we will be a responsible and trusted partner and service provider. Across superannuation and asset management, higher standards of governance and conduct are required of all those charged with stewardship of financial assets. Our board is committed to ...

APRA hands reins to ASIC in AUSTRAC case

ALLY SELBY  |  THURSDAY, 18 JUN 2020
... any matters that contravene accountability obligations under the Banking Executive Accountability Regime (BEAR) and standards of fitness and propriety under the Banking Act to ASIC. In November last year, AUSTRAC exposed 23 million money laundering breaches ...

APRA ditches property revaluation requirement

ELIZA BAVIN  |  THURSDAY, 18 JUN 2020
... region. The regulator had previously proposed to remove the requirement as part of broader revisions to the prudential standards on regulatory capital. "This was foreshadowed in APRA's consultation on revisions to the ADI capital framework in June 2019," ...

FASEA extension passes

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUN 2020
... additional two years to meet FASEA's qualification requirements, with the new deadline for advisers to meet the education standards 1 January 2026. The legislation to allow financial advisers the extension was contained in an omnibus bill which hit ...

Perth Mint to review audit processes

KANIKA SOOD  |  MONDAY, 15 JUN 2020
... suppliers. In a statement, Perth Mint chief executive Richard Hayes said the organisation "adheres to the highest ethical standards and is committed to boycotting conflict gold and other minerals". "We take environmental, social and governance (ESG) ...

Real estate assets hit $316bn

ELIZA BAVIN  |  MONDAY, 15 JUN 2020
... Management with $92.9 billion GLP ranks third with $70.7 billion. Amelie Delaunay, director of research and professional standards at ANREV, said the rise in Australian asset managers' real estate AUM in 2019 reflects positivity about Australian fund ...

FASEA extension hits snag

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
... the bill, which will amend the Corporations Act to allow financial advisers more time to meet the new FASEA education standards. "These are unfortunate but necessary amendments," McAllistor said. "They arise from the government's mishandling of the ...

ATO warns against SMSF property development

ELIZA BAVIN  |  WEDNESDAY, 10 JUN 2020
... purpose outside those permitted by the sole purpose test, whether the SMSF continues to meet the relevant operating standards and whether the arrangement includes the provisions of a loan or financial assistance (directly or indirectly) to a member or ...

New role for AMP Capital ESG head

ELIZABETH MCARTHUR  |  FRIDAY, 5 JUN 2020
... valuable to our clients, partners and stakeholders and will enable us to continue to drive progress, raise industry standards, and inform global best practice in sustainable investment." Chronos Sustainability managing director Nicky Amos added that ...