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Showing 911 - 920 of 4621 results for "Issues"

Consultation opens for CCIV draft bill

KARREN VERGARA  |  WEDNESDAY, 22 DEC 2021
... has arguably increased the pressure domestically to introduce an equivalent offering. However, certain key features and issues with the previous tranches of CCIV draft legislation have proved problematic and been the subject of feedback from industry," ...

Shoddy exam feedback fuels adviser stress

KARREN VERGARA  |  WEDNESDAY, 22 DEC 2021
... Association of Australia said there have been occasions where it had to ask FASEA to speak to a member after the exam to discuss issues or questions. "[And] both members and FASEA have confirmed these conversations have occurred," the FPA said in a statement. ...

FASEA defers Standard 3 amendment to ASIC

KARREN VERGARA  |  TUESDAY, 21 DEC 2021
... induce you to act other than in the client's best interest." The advice industry has been vocal about the practical issues when applying Standard 3, which had the intent that advisers must not advise, refer or act in any other manner where they have ...

Proxy advice reforms force transparency, AFS licensing

KARREN VERGARA  |  MONDAY, 20 DEC 2021
... drive up the cost of proxy advice which will inevitably be passed on to members of funds. "There is no evidence of systemic issues in proxy advice that would support changes of this type," she said. Conversely, the changes were welcomed by the Financial ...

FSC names acting chief executive

KARREN VERGARA  |  THURSDAY, 16 DEC 2021
... strong advocate for the financial services industry and its consumers. "Blake has brought the industry together on key issues, including advocating for reforms to make financial advice more accessible and affordable, and promoted the interests of superannuation ...

APRA, ASIC provide annual update

CHLOE WALKER  |  THURSDAY, 16 DEC 2021
... notes the work of APRA and ASIC on several matters of mutual interest in relation to cross-industry and industry-specific issues in 2021, as well as delivering a number of significant law reforms. The Australian government's new Financial Accountability ...

Super funds lambasted over nuclear holdings

CHLOE WALKER  |  THURSDAY, 9 DEC 2021
... that exclude all nuclear weapons and we regularly review and refine our investment approach across a broad range of ESG issues. "For our internally developed and managed investment options, BT requires our underlying investment managers to consider ESG ...

U Ethical Investors announces new relationship manager

CHLOE WALKER  |  WEDNESDAY, 8 DEC 2021
... passionate about ESG risk management and what this means for investors," Brennan said. "Satoko is engaged in the latest RI issues and has recently led a thought leadership project on ESG investing. "This, combined with her impressive record of relationship ...

Robeco launches new sustainable index fund

ELIZABETH MCARTHUR  |  MONDAY, 6 DEC 2021
... The fund aims to achieve a higher ESG score than its benchmark, the MSCI World Index. Specifically, it is focussed on ESG issues including reducing the environmental footprint for greenhouse gas emissions, water use, waste generation and energy consumption ...

Backlash after 'unprecedented' ASIC action against Westpac

ELIZABETH MCARTHUR  |  THURSDAY, 2 DEC 2021
... Westpac to 'walk the talk', after Westpac's chief executive Peter King said the bank remains committed to remediating past issues. The settlement for the six ASIC cased did not include an ASIC penalty proceeding commenced in April this year over mis-selling ...