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Showing 8911 - 8920 of 28277 results for "NOT"

FASEA ethics pose risk to managed accounts

ELIZABETH MCARTHUR  |  MONDAY, 23 SEP 2019
... consideration of conflicts of interest in the Code of Ethics. IMAP said Standard 3 in the FASEA Code of Ethics - "You must not advise, refer or act in any other manner where you have a conflict of interest or duty" - is poorly worded. When the Code of ...

APRA considers appeal in IOOF case

ELIZA BAVIN  |  MONDAY, 23 SEP 2019
... week but added the case served to examine a range of legal questions related to superannuation law and regulation that had not previously been tested in court. "Litigation outcomes are inherently unpredictable, however APRA remains prepared to launch ...

Research budgets shrink at UK asset managers

KANIKA SOOD  |  FRIDAY, 20 SEP 2019
... that portfolio managers act as good agents in the best interests of their clients and that their investment decisions are not unduly influenced by third parties," FCA said in a statement. "[The improvements have] resulted in investors in UK-managed equity ...

Senate secures members' interest changes

HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
... more realistic implementation dates and a mechanism to protect members in dangerous occupations," ISA said. "But funds may not be able to implement the requirements because it relies on members supplying detailed occupation information to retain default ...

Brett Himbury's next innings

KANIKA SOOD  |  FRIDAY, 20 SEP 2019
... were told yesterday morning, in what he said may have been "one of the busiest days of his career". He's retiring and not stepping down, he wants to make clear. "One of the things that came up this morning was that I did everything early in life. ...

Super trustees must do better: Byres

HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
... Gilbert + Tobin event in Sydney this week, Byres said the ability of the prudential regulator to hold trustees to account for not delivering for super fund members had been strengthened by stronger prudential standards and enforcement powers. Byres specifically ...

Support staff should meet FASEA standards

ELIZABETH MCARTHUR  |  FRIDAY, 20 SEP 2019
... of that advice will have to meet the same standards. "If you're a paraplanner that is preparing the advice, why should you not be at the same level? If you're a compliance person that is reviewing the advice, why should you not be at the same level?" ...

Thousands strike from work for climate

ELIZABETH MCARTHUR  |  FRIDAY, 20 SEP 2019
... days out from the UN climate summit. The protests are urging politicians to act immediately to tackle climate change. The Not Business as Usual alliance of companies has pledged to support employees who want to strike by allowing them to have the day ...

Federal Court delivers APRA, IOOF verdict

JAMIE WILLIAMSON  |  FRIDAY, 20 SEP 2019
The Federal Court of Australia has found IOOF did not contravene the Superannuation Industry Supervision Act in the case brought against its APRA-regulated entities by the prudential regulator. The Federal Court has held that IOOF's Investment Management ...

Chief economist update: This is a job for the RBA (and the Treasury)

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
... volatility doesn't provide a good picture of employment's general direction. The trend is our friend, or in this case, not our friend. The ABS' trend employment estimates shows persistent weakening in additions to total and full-time employment ...