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| | | As part of its new remit, ASIC has released the first round of examination dates for financial advisers in 2022. The first exam sittings of 2022 will be held on February 17, 18, 19 and 21. Enrolments for this sitting will be open from 10 January 2022 ... |
| | | | ... superannuation invested in a well performing fund, though there's still doubts as to the accuracy of the regulator's process. The release of the APRA heatmaps for MySuper and Choice investment products yesterday has underscored the importance of ensuring ... |
| | | | The Financial Services Council released two new standards, one of which helps members abide by the newly mandated advice fee consent requirements. FSC members will need to comply with FSC Guidance Note No. 43 from 1 January 2022, which was constructed ... |
| | | | A former ANZ and Commonwealth Bank financial adviser who defrauded clients $6 million has been convicted of managing a corporation while disqualified. Melinda Scott, who was banned from managing corporations for 25 years until 2 December 2037, set up ... |
| | | | Not long after Labor suggested it would not require older financial advisers to get degrees, the Liberal party has now backflipped on education standards to match Labor's policy. Minister for superannuation, financial services and the digital economy ... |
| | | | The annual MySuper heatmap shows 45% of products delivered returns below benchmark this year but there are few surprises, with most being the same products that failed the performance test. The regulator has also shared which funds came close to failing ... |
| | | | The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have released their annual engagement update for 2021. Reinforcing Australia's twin peaks model of regulation, the agencies said they ... |
| | | | ... address," Dean said. "There are some mitigating factors, such as conversion of underutilised space, that may be employed to release some of the pent-up demand, however it is unlikely that supply can be increased enough to meet short-term demand, particularly ... |
| | | | ... and diversification of revenue for both companies. An independent expert is currently reviewing the scheme and is due to release the report on or around December 15. Class' board is urging all its shareholders vote in favour of the scheme in the absence ... |
| | | | ... schedule for increasing the super guarantee to 12% by 2025; and finally, ruling out relaxation of existing rules for early release of super. "Sticking with the foundations, like the plan to increase the super guarantee to 12% and preserving super for ... |
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