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

Search Results

Showing 961 - 970 of 2860 results for "Standards"

Colonial First State hit with second class action in less than a week

ELIZA BAVIN  |  MONDAY, 21 OCT 2019
... it properly did for new members." "At the Royal Commission CFS accepted that some of its conduct fell below community standards and expectations. This is an understatement. We believe CFS's conduct was in breach of the law and it should be held to ...

Dealer group shuts after advisers depart

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
... team given the new education requirements and decided to close. "With the Royal Commission announcements and new FASEA standards starting, we knew that it would be difficult to find good quality advisers who shared our ethos and wanted to join a new ...

APRA won't appeal IOOF judgement

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
... "APRA is considering any further action that may need to be taken in relation to these, such as revising its prudential standards or seeking legislative amendments, to ensure that member interests are protected to the maximum extent possible," APRA said. ...

RBA blames lack of demand in property downturn

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
... Households may be more conservative in their willingness to borrow given low income growth." "Lenders are applying tighter standards than in the past. Both of these may well combine to result in a more muted pick-up in lending than in the past," Debelle ...

Count Financial bolsters team as part of transition

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
... finalizing the sale at the end of August. John Corcoran has now stepped into the position of executive manager, professional standards at Count Financial. Corcoran was previously executive manager, advice advocacy at CBA. A spokesperson for Count Financial ...

Grandfathered commissions ban passes

ELIZABETH MCARTHUR  |  TUESDAY, 15 OCT 2019
... arrangements reached are workable for business." The Financial Planning Association of Australia head of policy and standards Benjamin Marshan said the FPA has long supported the phasing-out of commissions on investment products provided it is in the ...

Fund Manager of the Year revealed

JAMIE WILLIAMSON  |  MONDAY, 14 OCT 2019
... saying it was impressed by its suite of boutiques and varying investor platforms. "Additionally, judges rated their high standards in reporting, access to investment professionals, effective education and communication of manager strategies, making them ...

Code monitoring move disappoints industry

ELIZABETH MCARTHUR  |  MONDAY, 14 OCT 2019
... replacing the role of code monitoring bodies which were due to be established by industry associations under professional standards reform. From the start of 2020 the financial advice Code of Ethics will become law and financial advisers will be expected ...

Life industry steps toward trust

HARRISON WORLEY  |  FRIDAY, 11 OCT 2019
Two industry groups have partnered to create a new life insurance standards framework. The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) and the Life Insurance Professional Standards Working Group (LIPSWG) have come together ...

FASEA exam dates revealed

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 OCT 2019
The Financial Adviser Standards and Ethics Authority provided an update on the exam all financial advisers must sit. The Authority confirmed the December round of exams will be held from December 5-9 in 19 centres across Australia including regional ...