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Showing 851 - 860 of 3481 results for "Compliance"

JANA hires legal expert from industry fund

KARREN VERGARA  |  WEDNESDAY, 19 JAN 2022
Investment consulting firm JANA appointed a legal expert to lead its risk and compliance division. Lindy Hunt was hired as head of legal, risk and compliance last December, joining from Club Plus Super where she spent the last seven years of her career. ...

Trading platform cops $110k fine

KARREN VERGARA  |  TUESDAY, 18 JAN 2022
A trading platform has copped a fine of $110,250 for breaching enquiry rules and compliance obligations. BGC Partners breached the ASX 24's trading rules on two occasions on 22 March 2019, according to the Markets Disciplinary Panel, by transacting ...

Sequoia Financial Group acquires legal practice

CHLOE WALKER  |  MONDAY, 10 JAN 2022
... advisers' perspective, this specialist expertise will significantly enhance the advice they can provide in relation to SMSF compliance, preparing deeds of ratification/rectification, estate planning and other death benefit issues." He added that ...

ASIC bans adviser for two years

CHLOE WALKER  |  WEDNESDAY, 22 DEC 2021
... the basis of his advice," a statement released on Monday read. "ASIC considered these failures showed a disregard of compliance obligations and an absence of the competence required to provide one or more financial services." In some cases, Betalli's ...

Government backflips on adviser education

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
... advice more affordable. Hume said the review will aim to identify opportunities to streamline and simplify regulatory compliance obligations to reduce cost and remove duplication, recognising that costs of compliance for financial advice businesses are ...

What you read in 2021

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... Superannuation Fund (VISSF). At the time, VISSF chair Peter Sharples said increasing regulatory reform and rising costs of compliance was having an impact, with the fund recognising the benefits scale could provide to members. The two ultimately determined ...

ASIC bans two Sydney based advisers

CHLOE WALKER  |  WEDNESDAY, 15 DEC 2021
... refund clients that had been overcharged fees. The ASIC statement says it found Allen was involved in Cummings' non-compliance with the requirement to provide SoAs. Allen had also audited his own files, engaged in misleading and deceptive conduct in ...

ASIC bolsters leadership

JAMIE WILLIAMSON  |  TUESDAY, 14 DEC 2021
... this role he will oversee finance strategy and projects, management accounting, statutory reporting, finance systems, compliance advisory, industry funding, financial operations and unclaimed monies. Meanwhile, Nicole Collins has been appointed chief ...

Iress partners with fund manager

KARREN VERGARA  |  MONDAY, 13 DEC 2021
... Portfolio System, which constructs, reviews and analyses client portfolios. The solution also enables Optar to automate its compliance processes and improve connectivity with brokers. Founded in 2015, the fund manager has two funds invested in Australian ...

Number one challenge for advice firms revealed

ELIZABETH MCARTHUR  |  FRIDAY, 10 DEC 2021
... out above all else. Coming as no surprise to those in the industry, the issue advice firms are grappling with most is compliance. The local survey was part of a global study of advice firms by Dimensional which covered more than 800 participants in North ...