Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 71 - 80 of 689 results for "Financial products"

ASIC wins case against crypto exchange Kraken

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... the importance of compliance with the design and distribution obligations. "It's a legal requirement for financial products to be distributed to consumers appropriately. Consumers should receive the full protection of the law when dealing in crypto-asset ...

ASIC locks eyes on super industry

ELIZA BAVIN  |  THURSDAY, 22 AUG 2024
... handling as main areas of concern. In addition, ASIC said Australia's public and private markets and emerging financial products will form a new pillar of ASIC's expanded strategic priorities. ASIC chair Joe Longo said the agency's corporate plan included ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... vital that consumers in the financial services industry can have confidence in ESG claims made by providers of financial products and services. "As is the case in many other industries, consumers may place great importance on ESG considerations when ...

BitConnect promoter hit with good behaviour

KARREN VERGARA  |  TUESDAY, 16 JUL 2024
... Corporations Act in May. Justice Newlinds said the offence is not concerned with whether Bigatton "provided financial products advice that was dishonest, inherently false, or even misleading, there is no suggestion of that here." "The heart of the offence ...

ASIC delivered court win over Firstmac DDO failure

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2024
... objectives," ASIC deputy chair Sarah Court said. "This should act as a deterrent to anyone engaged in cross-selling financial products who fails to consider their design and distribution obligations before sending product disclosure statements." Firstmac ...

ASIC levy to slug advisers $48.4m

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... annual levy does not appear to be reducing. Licensees that provide personal advice to retail clients on relevant financial products are due to fork out a minimum levy of $1500 plus $2878 on a per adviser basis. According to the Cost Recovery Implementation ...

Morningstar hires fixed income lead from PATRIZIA

ELIZABETH FRY  |  FRIDAY, 14 JUN 2024
... his seven years at Macquarie he sat with the Australian Origination team developing and managing structured financial products. At CBA, he ran pricing, acquisition and retention strategies for the $85 billion term deposit book. "We are excited to have ...

ETFs dominate client portfolios: Study

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
... (74%). "However, with the rise of the FIRE movement, DIY investing, and "finfluencers" exposing consumers to financial products and strategies that may or may not be right for their situations, some consumers might need help understanding this mainstay ...

How super funds could better support members: Research

ELIZA BAVIN  |  MONDAY, 27 MAY 2024
... that give members the confidence to spend their retirement savings, and guided pathways to help members choose financial products that are right for them. The research found there was work to be done to ensure Australians nearing retirement feel financially ...

ASIC issues experienced pathway guidance

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2024
... for the exam extension and if they were authorised to provide personal advice to retail clients on relevant financial products on that date. INFO 281 also provides guidance to AFS Licensees on their requirements to notify ASIC when they receive a declaration ...