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Showing 71 - 80 of 134 results for "Danielle Press"

Super fund PDSs to include single cost of product figure

HARRISON WORLEY | FRIDAY, 29 NOV 2019

... under the current version of RG97 will apply until the end of the transition period, ASIC said. ASIC commissioner Danielle Press said the more consistent and comparable disclosure the update to RG97 delivers will help consumers and financial advisers ...

Regulators quash remuneration rumours

ELIZABETH MCARTHUR | THURSDAY, 28 NOV 2019

... executive Stephen Glenfield told the FPA Congress. Appearing as part of a regulatory update alongside ASIC commissioner Danielle Press, Glenfield said advisers should be using this time to assess their remuneration structures and need to consider it ...

AFSLs show widespread non-compliance: ASIC

ELIZA BAVIN, JAMIE WILLIAMSON | THURSDAY, 28 NOV 2019

... effective processes to remind them when RNs are due or to turn off ongoing fees," ASIC said. ASIC commissioner Danielle Press said the findings have raised concerns about industry practices in relation to fee disclosure to clients. "Our review has found ...

Former Apogee, GPS Wealth advisers banned

JAMIE WILLIAMSON | THURSDAY, 7 NOV 2019

... Practitioners Board website, he is a member of the Association of Financial Advisers. Commenting, ASIC commissioner Danielle Press said: "Financial advisers are expected to understand their clients' personal circumstances and take those circumstances ...

ASIC puts trustees on notice

ELIZA BAVIN | THURSDAY, 31 OCT 2019

... appropriate context about the reforms and tailoring communications to the needs of their members." ASIC commissioner Danielle Press said: "The superannuation industry needs to learn from what happened earlier this year when trustees communicated with ...

ASIC imposes AFSL conditions on IOOF

JAMIE WILLIAMSON | MONDAY, 28 OCT 2019

... sector and ensuring that investors' best interests are the highest priority of fund managers," ASIC commissioner Danielle Press said. "ASIC will use its licensing power, including through the imposition of tailored licence conditions to address governance ...

ASIC nudges robo-adviser to shutter

ELIZABETH MCARTHUR | FRIDAY, 18 OCT 2019

... situations were inadequate. Lime FS decided to close both tools. Both websites are now defunct. ASIC commissioner Danielle Press said: "Digital advice tools offer a convenient and low-cost alternative to consumers who may otherwise not seek personal ...

SMSFs not for everybody: ASIC

HARRISON WORLEY | MONDAY, 14 OCT 2019

... "extremely unlikely" for investors to gain any advantage from managing their own retirement savings. Commissioner Danielle Press said the corporate regulator is concerned that too much of the public's focus on SMSFs is on their potential benefits ...

ASIC bans financial adviser

KRISTI CHENG | WEDNESDAY, 28 AUG 2019

... and commissions for himself. He also failed to give a number of his clients a Statement of Advice. Commissioner Danielle Press said ASIC's decision reflects its expectation that financial advisers comply with the law and act in their client's best interests ...

Value but no trust in advice: Report

ELIZABETH MCARTHUR | MONDAY, 26 AUG 2019

... barriers. Only 27% have actually ever received financial advice, and only 12% had in the past year. ASIC commissioner Danielle Press explained some of the factors holding Australians back from accessing advice. "While Australians believe financial advisers ...

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Australian Unity to shed 195 roles

MATTHEW WAI | 12:42PM

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI | 12:34PM

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI | 12:17PM

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA | 12:29PM

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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