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Showing 8821 - 8830 of 28277 results for "NOT"

ASIC grants compliance scheme relief

HARRISON WORLEY  |  WEDNESDAY, 16 OCT 2019
... applications to ASIC for approval of their schemes. This has left AFS licensees at risk of breaching the Corporations Act despite not having a compliance scheme to commit to before the original January 1 2020 deadline. As a result, the corporate regulator ...

KPMG foretells open super era

HARRISON WORLEY  |  WEDNESDAY, 16 OCT 2019
... including the New Payments Platform - poised to influence super's future, KPMG warned the sector's large incumbent funds are not guaranteed growth in assets under management "no matter how rosy the scene may appear at the moment". However, KPMG head ...

Fees down across asset classes: Report

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2019
... management industry, such as a lack of visibility on actual fees or total costs, or the reality that manager selection methods may not facilitate and maximise competition on pricing."

ASIC using intimidation tactics on grandfathering: AIOFP

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
... matter of weeks. "There were a lot of people living in denial. They were maybe hoping it wouldn't pass," he said. "It's not just about grandfathered revenue, it's about saying we will not be bossed around and kicked around." Johnston would ...

AFCA gets 1450 complaints a week

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
... operation. An AFCA spokesperson said that the authority has boosted awareness due to its national roadshow and that it would not be surprising if this resulted in an increase in complaints. "AFCA regularly reviews its resourcing to ensure we are able ...

ASX faces challenge on ETF stronghold

KANIKA SOOD  |  TUESDAY, 15 OCT 2019
... executive Vic Jokovic. Early last year, the exchange started talking to ASIC to develop a listing framework that would allow it to not just trade ETFs but also to list them. "It's been a long road but we are now ready to list not just one, but multiple ...

Stanford Brown eyes expansion

KANIKA SOOD  |  TUESDAY, 15 OCT 2019
... firms will continue to spin out money management, with almost none managing money themselves 10 years from now. But it does not see estate planning and legal coming together. It advises on $1.5 billion in investments, only half of which is now managed ...

Grandfathered commissions ban passes

ELIZABETH MCARTHUR  |  TUESDAY, 15 OCT 2019
... rebated to the appropriate customer promptly and in full." Marshan said he wants to see that the reforms do benefit consumers, not product providers. "Product manufacturers cannot be allowed to pocket commissions instead of passing them on to customers," ...

Women overlooked by retirement income review

HARRISON WORLEY  |  TUESDAY, 15 OCT 2019
... said the review required a gender lens in order to ensure policy decisions were based around the working reality of women and not the traditional male experience. Arguments in favour of freezing the Superannuation Guarantee at the current rate were a ...

No one reads the PDS: ASIC

ELIZABETH MCARTHUR  |  TUESDAY, 15 OCT 2019
... barriers that we self-identify in explaining the limited attention paid to disclosure are that the documents are impenetrable and not relevant," the report said. Not helping the situation, ASIC and AFM said, is the fact that disclosures are often provided ...