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Showing 971 - 980 of 4221 results for "Action"

Contact AFCA now: ASIC urges Dixon Advisory clients

JAMIE WILLIAMSON  |  THURSDAY, 4 AUG 2022
... and the outcome of Dixon Advisory's ongoing administration process. Many of these same factors will also influence what action AFCA takes thereafter, which is also dependent on any class action litigation.

Advisers receive guidance on rights under FSCP

JAMIE WILLIAMSON  |  THURSDAY, 4 AUG 2022
... hearing. "A hearing by a sitting panel is an inquiry to determine the facts and help the panel determine what, if any, action it should take against a financial adviser based on those facts. The hearings are 'inquisitorial' in nature, rather than adversarial-that ...

FSC guidance looks to eliminate greenwashing

ANDREW MCKEAN  |  WEDNESDAY, 3 AUG 2022
... for fund managers will signal government, regulators, and consumers that the Australian investment community sees climate action as a top priority. "The FSC wants consumers to have confidence fund managers who set net zero targets are assessing their ...

ASIC continues crack down on deceptive advertising

CHLOE WALKER  |  TUESDAY, 2 AUG 2022
... lower risk investments, benchmarks, and indices; and used outdated performance numbers. It added that further regulatory action in relation to the Fund and Fawkner may be considered. The regulator has issued several stop orders recently for varying reasons. ...

APRA to improve strategic planning, member outcomes rules

JAMIE WILLIAMSON  |  MONDAY, 1 AUG 2022
... resources. APRA is proposing licensees adopt and clearly articulate financial management related performance measures, action plans, objectives and targeted outcomes for members. They should also monitor the adequacy of financial resources in relation ...

KPMG spotlights super's biggest challenges

ANDREW MCKEAN  |  FRIDAY, 29 JUL 2022
... and to prove it can provide objective evidence of third-party data tax controls. "Large funds should already be taking action based on the earlier STAR recommendations from the ATO, particularly in respect of matters for which they received a red flag ...

UK regulator confirms Consumer Duty

JAMIE WILLIAMSON  |  THURSDAY, 28 JUL 2022
... taken reasonable steps to meet them, making it easier for the FCA to identify those that aren't meeting the Duty and take action. "The current economic climate means it's more important than ever that consumers are able to make good financial decisions. ...

ASIC issues first DDO stop orders

JAMIE WILLIAMSON  |  THURSDAY, 28 JUL 2022
... targeted way. Where firms are not doing the right thing and there is potential for consumer harm, ASIC can now take quick action to disrupt poor conduct and prevent harm," ASIC deputy chair Karen Chester said. She added that the industry has had sufficient ...

Office for Women combats financial abuse

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
... understand how its financial products may be used in the financial abuse of women. The new resource, Guide to prevention and action on financial abuse within the financial services sector, aims to support women's financial safety, developing and ...

Suncorp agrees to super class action settlement

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
Suncorp is set to pay $33 million to settle a class action brought by superannuation members in 2019 over conflicted remuneration paid to financial advisers. The class action was brought by William Roberts Lawyers in June 2019 on behalf of Suncorp Super ...