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Showing 961 - 970 of 2631 results for "Practices"

Advisers serious about licensee due diligence

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2019
... interviewing between five and 10 dealer groups before making a selection. Some advice businesses are partnering with other practices from their former dealer group in conducting the interviews too, Paragem said. Advisers are conducting thorough due diligence ...

APRA to take transparent approach

HARRISON WORLEY  |  TUESDAY, 19 NOV 2019
... on its "more intensive" regulatory approach to transform governance, culture, remuneration and accountability (GCRA) practices across the sectors it regulates,. APRA said the new method would aim to strengthen the resilience of financial institutions ...

FASEA attempting to re-write law: AFA

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 NOV 2019
... of interest. Anderson pointed to research conducted by Investment Trends breaking down the revenue streams of advice practices. If grandfathered trail commissions, life insurance commissions and asset based fee for service charges are at risk under the ...

Financial services the most unethical industry

HARRISON WORLEY  |  TUESDAY, 12 NOV 2019
... somewhat unethical, according to Governance Institute chief executive Megan Motto, with the industry's remuneration practices a particular sore spot for the community. "High executive salaries are seen as the most ethically important issue for the ...

APRA begins super data transformation efforts

HARRISON WORLEY  |  FRIDAY, 8 NOV 2019
... tension. She added that the program would allow APRA to "sharpen" its supervision priorities and drive better industry practices. "Heightened transparency will also intensify the pressure on underperformers to lift their game," she said. "The improved ...

Advice practices urged to contact ombudsman

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 NOV 2019
... Australian Small Business and Family Enterprise Ombudsman Kate Carnell is calling on small business financial advice practices to share their experiences. Carnell wants to hear from those small and family enterprises being pushed out by financial advice ...

US reaches $1bn settlement over 1MDB scam

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 NOV 2019
... Low. Low is facing charges in New York for conspiring to launder money and conspiring to violate the Foreign Corrupt Practices Act but is still at large.

Adviser moves show industry upheaval

ELIZABETH MCARTHUR  |  TUESDAY, 5 NOV 2019
... Standard reported on the exodus from the Westpac aligned licensees. Finally, indicating the challenges facing small advice practices, a number of licences with just two advisers attached shut down during the period. Vivid & Co Accounting, State Advice ...

The cost of mental illness

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
... back to work and that is largely absent in what I've read of the report," Lydon said. "The report calls for insurance practices around mental health including how we communicate the information we provide, how we profile risks and blanket exclusions ...

AMP extends adviser deadline

JAMIE WILLIAMSON  |  WEDNESDAY, 30 OCT 2019
... to or who to merge with," he said. Commenting on the extension, AMP said: "AMP wanted to provide sufficient time for practices to consider their options, after which they enter into a transition period appropriate for their choice." "It also creates ...