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Showing 951 - 960 of 2864 results for "Standards"

Ethics code creates confusion around ESG

ELIZABETH MCARTHUR  |  MONDAY, 11 NOV 2019
A debate is raging about what the Financial Advice Standards and Ethics Authority's Code of Ethics means for ESG investing and advising clients on ethical investment options, with FASEA chief executive Stephen Glenfield looking to clarify the issue. ...

Legal fight could change super game

ELIZABETH MCARTHUR  |  FRIDAY, 8 NOV 2019
... "It's an important area of law, not just for climate change but more broadly in the superannuation industry around the standards that trustees should be held to." Luke Hooper, special counsel at Mills Oakley, explained the case has ramifications for ...

September FASEA exam results in

ELIZABETH MCARTHUR  |  FRIDAY, 8 NOV 2019
The Financial Adviser Standards and Ethics Authority has released the results from the financial adviser exam held in September, which 1697 financial advisers sat. The exam was held in eight metropolitan and nine regional centres between 19 September ...

Actuaries develop retiree rule of thumb

HARRISON WORLEY  |  THURSDAY, 7 NOV 2019
... issue, taking into consideration a retiree's asset base and age. The rule comes as ASFA releases its updated retirement standards for the quarter, which shows a single person aged around 65 needs to spend $27,913 to achieve a modest lifestyle. For a ...

ASIC zeroes in on SMSF auditors

HARRISON WORLEY  |  WEDNESDAY, 6 NOV 2019
... found the auditors to be deficient across a range of their responsibilities, including meeting independence and auditing standards. Alan Bentwitch of New South Wales was disqualified for failing to have peer reviews of three of his audits, a condition ...

FASEA chief unaware of dwindling adviser numbers

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2019
... industry in 2019. Stoker responded by asking how many new advisers sat the June 2019 FASEA exam. "None. No advisers," FASEA standards director Amelia Constantinidis, who also appeared, said. "That's correct. Zero new advisers sat the exam," Stoker responded. ...

Link Advice partners with $12bn super fund

HARRISON WORLEY  |  THURSDAY, 31 OCT 2019
... and retirement health checks. "This is particularly important in a post-Royal Commission world, where higher education standards for advisers are being introduced this year," Farrar said. "All our members will benefit from this increased availability ...

ASIC imposes AFSL conditions on IOOF

JAMIE WILLIAMSON  |  MONDAY, 28 OCT 2019
... requirements. IOOF chief executive Renato Mota said the conditions align with the group's plan to establish higher standards of governance. "As we accelerate our focus on governance, together with the proposed acquisition of ANZ's P&I business ...

IOOF struck by outflows, former chair resigns

ELIZA BAVIN  |  FRIDAY, 25 OCT 2019
... The company flagged a range of industry-wide impacts for affecting it's adviser business, including meeting FASEA standards, additional governance and compliance requirements and changed to fee arrangements. "Maintaining positive inflows with the ...

AFA calls for clarity on ethics code

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 OCT 2019
... The Association of Financial Advisers (AFA) has called for more clarification and key changes on the Financial Adviser Standards and Ethics Authority code of the ethics. FASEA released its first guidance on the code, which will come into effect next ...