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Showing 1 - 10 of 10 results for "ASIC guidelines"

FASEA compliance has silver lining

KANIKA SOOD  |  FRIDAY, 29 NOV 2019
... think about it," she said. Good time for licensed advisers to stand up Haddan said the code, coupled with new ASIC guidelines, empowers not just independent advisers but those at a licensee. "They now have a powerful voice, to take it to their licensees ...

Decimal announces key super fund contracts

DARREN SNYDER  |  TUESDAY, 27 FEB 2018
... "product capability, Decimal's approach to implementation, and the company's understanding and compliance with ASIC guidelines on digital advice." Finally, Decimal also entered a new pilot contract with a "major diversified bank." The contract is for ...

Lonsec highlights hedge fund classification concerns

MARK SMITH  |  THURSDAY, 5 SEP 2013
... currently being used client portfolios to dampen overall volatility may be reclassified as hedge funds under the new ASIC guidelines, potentially causing investors to dump these positions. "There is the potential for platforms to revisit their own categorisation ...

Industry responds to intra fund advice measures

CLAIRE MCGREAL  |  FRIDAY, 9 DEC 2011
... been a mixed reaction from the industry to yesterday's announcement from the government on intra-fund advice. New ASIC guidelines are also being developed to outline how scaled advice can be provided in accordance with the regulatory protections in the ...

Super trustee guidelines for retirement estimates

CLAIRE MCGREAL  |  THURSDAY, 8 DEC 2011
Super fund trustees are set to get a helping hand with predicting their members' retirement estimates. New ASIC guidelines aim to help super trustees enable their members to think about how much money they'll need when they retire so they can start ...

APRA dictates investment option labels

MICHAEL HOBBS  |  WEDNESDAY, 30 JUN 2010
... guidelines, which assumed balanced funds were those with 60 per cent growth asset weightings. This figure was based on ASIC guidelines that detailed which investment option should be used within each fund's fee disclosure template. By contrast, regulators ...

PI increase sparks debate

MICHAEL HOBBS  |  WEDNESDAY, 28 NOV 2007
... lose substantial sums are compensated," said Gordon Renouf, CHOICE policy and campaigns director. Under the new ASIC guidelines, the regulator will initially require licensees to have PI insurance based on what is commercially available in the market ...

ASIC clearing guidlines will segment the service chain

KATE HAGE  |  WEDNESDAY, 18 OCT 2006
... money" or deal with employers direct. Understanding this distinction is very important in relation to how the ASIC guidelines work, he said. "Our model is that we do not touch the money as we arrange for [data] exchanges between clearing houses and employers. ...

Past performance is misleading advertising: ASIC

HAMISH MADDEN  |  WEDNESDAY, 9 AUG 2006
... particular concern that the BT Financial Group campaign may have been representative of a "flippant approach" to the ASIC guidelines on the use of part performance in promotional material. "ASIC expects that industry will take a responsible approach ...

FPA backs new ASIC guidelines on SOA's

The Financial Planning Association (FPA) has thrown is support behind the latest guidelines provided by the Australian Securities and Investments Commission (ASIC) on how licensees and their representatives prepare Statements of Advice (SOA). "These ...
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