The latest issue of Financial Standard now available as an e-newspaper
|Showing 1 - 10 of 100+ results for "ASIC"|
|... The new costs are applicable to licensees that provide personal advice to retail clients on relevant financial products. ASIC calculates a different levy for advisers who provide retail advice for products that are not relevant financial products - which ...|
|ASIC's research project into the extent of greenwashing in the investment management industry should be commended, according to Evergreen Consultants. "ESG or responsible investing is arguably the single largest trend in the investment universe today," ...|
|... secure funds from the investors after December 2013 without disclosing there was no real prospect of them being repaid," ASIC said in a statement. Gore was first arrested in April 2017 and charged with fraud after he obtained $800,000 from SMSF trustees ...|
|... may be a deal breaker to going public, according to HLB Mann Judd partner Marcus Ohm. Ohm says an undertaking with APRA or ASIC can preclude a wealth, funds management or insurance business from listing. "It would depend on the nature of the particular ...|
|... meant Australians were getting sold financial products they did not need or want. The consultation is open until August 17. ASIC plans to publish final guidelines in September, for the October start. ASIC commissioner Danielle Press said the reforms ...|
|... licence over misconduct. Adam Bevan was an authorised representative and sole director of Trade Wind Financial Services. ASIC banned Bevan after he failed to act in the best interests of three clients after he failed to make enquiries about their existing ...|
|ASIC released more information on what financial advisers can expect from the new reference checking laws, which take effect on October 1. New protocols administered by ASIC requires a licensee recruiting a prospective financial adviser to request a ...|
|... reporting framework. The data dictionary sets out the information that financial firms will be required to collect and report to ASIC while the data glossary provides explanations about the terms in the dictionary. The pilot versions were created after ...|
|... BetaShares's $2.1 billion AAA, and iShares's $437 million core cash and $230 million enhanced cash. In recent years ASIC has forced funds and responsible entities to justify their use of "cash" in fund names if they are investing outside of i ...|
|... insurers and RSE licensees that fall under this threshold will not have to submit accountability maps and statement to APRA and ASIC under the enhanced compliance thresholds. "The Financial Accountability Regime imposes a strengthened responsibility ...|
Dimensional's sustainability suite is being expanded with the introduction of a new emerging markets fund with an ESG filter.
Pendal chief executive Nick Good says the firm is not ruling out future acquisitions, as it finalises its $414 million purchase of US value-oriented manager Thompson, Siegel and Walmsley.
The Victoria government's LaunchVic is looking for a fund manager to run a $120million startup fund.
The Association of Financial Advisers (AFA) has raised concerns about the cost of the government's proposed Compensation Scheme of Last Resort and the fact that super funds and managed investment schemes are excluded from the proposed regulation.
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