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Showing 881 - 890 of 2860 results for "Standards"

APRA introduces annual stress-testing

ELIZA BAVIN  |  MONDAY, 24 FEB 2020
... faced with more criticism from the regulator, finding that organisations in that group did not measure up to APRA's standards. "Group 2 ADIs generally did not have specific frameworks for stress testing and instead relied in part on various risk-specific ...

More courses get FASEA approval

ELIZABETH MCARTHUR  |  FRIDAY, 21 FEB 2020
... Australian Financial Advisers (AFA) and Stockbrokers and Financial Advisers Association (SAFAA) as part of its education standards for financial advisers. Advisers who have completed coursework to attain the FChFP and/or ChLP designation between May ...

Former SMSFA chair returns to role

HARRISON WORLEY  |  WEDNESDAY, 19 FEB 2020
... change, I remain confident that the new regulatory, legislative, and educational framework, which aims to raise the standards across the industry, will be conducive to a business environment in which the SMSF specialist can flourish," Hamilton said.

SMSF auditors in firing line

ELIZA BAVIN  |  FRIDAY, 14 FEB 2020
... regulator said. "The actions arose following ASIC concerns about failures to meet requirements including independence standards and auditing standards, failing to comply with Continuing Professional Development (CPD) requirements and otherwise not being ...

FASEA extension passes

ELIZABETH MCARTHUR  |  THURSDAY, 13 FEB 2020
The bill to extend deadlines for the Financial Adviser Standards and Ethics Authority exam and education requirements has passed the House of Representatives. The Treasury Laws Amendment (2019 Measures No.3) Bill amends the Corporations Act so that ...

Former Macquarie adviser cops lifetime ban

ALLY SELBY  |  THURSDAY, 13 FEB 2020
... (2001-2008). Acworth's ban comes as part of the corporate regulator's wealth management project, which aims to lift standards among Australia's major financial advice providers. The project focuses on the conduct of large firms such as NAB ...

Product provider makes big FASEA promise

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 FEB 2020
... released a new product which it says will help financial advisers avoid getting caught out by the Financial Adviser Standards and Ethics Authority Code of Ethics. Lonsec says it has solutions to help financial advisers meet the Code of Ethics requirements ...

Super fund reveals ASX 100 equality laggards

ALLY SELBY  |  TUESDAY, 11 FEB 2020
... progression, and transparency. The super fund then mapped a company's performance within these six categories against standards set by Workplace Gender Equality Agency (WGEA), giving them an averaged percentage score for how close the company was ...

Advice industry compresses

ELIZABETH MCARTHUR  |  TUESDAY, 11 FEB 2020
... to reach 24,059. The significant drop in numbers represents those who exited the industry post the Financial Adviser Standards and Ethics Authority's 31 December 2018 deadline. As adviser numbers now stand, they are in line with the number of financial ...

Where to from here?

JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
... not practical on its own, let alone while advisers are already contending with increased education and professional standards, as well as other reforms to business fee models and falling practice valuations. The changes stand to penalise all clients ...