The latest issue of Financial Standard now available as an e-newspaper
|Showing 1 - 10 of 13 results for "DDO"|
|... announced it is integrating Objective Corporation with its blockchain technology for its design and distribution obligations (DDO) solution. The integration will allow product issuers to publish Target Market Determinations (TMDs) created through Objective's ...|
|... group. The FSC is calling for a simpler advice model that is consistent with the new Design and Distribution Obligations (DDO), which requires financial product issuers to know whether their consumers fall within the target market of their products. ...|
|... according to a lawyer. Speaking at a Financial Services Council (FSC) event King & Wood Mallesons partner Nathan Hodge said the DDO imposes a lot more implications for product providers and financial advisers when distributed under a general advice model ...|
|... standards and templates across issuers will allow distributors to systematise their monitoring and reporting obligations under DDO." Morningstar has been gathering feedback and engaging with the industry with the goal of formulating an open source standard ...|
|ASIC has outlined its ongoing body of work in the superannuation space, confirming it has compiled two briefs of evidence in support of criminal charges with the Commonwealth Director of Public Prosecutions and is undertaking more than 20 enforcement ...|
|... software company has announced its plans to launch a technological solution to meet the Design and Distribution Obligations (DDO), commencing 5 October 2021. ASIC's RG 274 Product design and distribution obligations aims to help consumers obtain ...|
|ASIC commissioner Sean Hughes said the government's Product Intervention Powers (PIP) will allow the regulator to take a targeted, calibrated and less prescriptive approach to regulation. Speaking at the Australian Finance Industry Association Risk ...|
|... quality outcomes for members. Rowell said she expects trustees to have progressed well in completing their first BPR. The DDO will commence on 5 October 2021 but significant preparation is needed by RSE licensees ahead of this date, Press warned. These ...|
|Design and distributions obligation (DDO) reforms may have been pushed back to October next year as a result of COVID-19 but ASIC said it is top of the priority list for 2021. Speaking to the annual Credit Law Conference, ASIC commissioner Sean Hughes ...|
|... channel for financial products to be directly distributed to retail clients." Personal advice definition The FSC also thinks DDO's amendment to the definition of "personal advice" does not go far enough. Under current definition of personal advice in ...|
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The nation's wealth gap continues to widen as new research suggests Australia is among the richest in the world, rising up the ranks to record one of the largest gains in wealth in 2020.
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The Guardians of NZ Superannuation promoted a senior investment strategist to head of asset allocation.
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Citi has appointed a new head of research for Australia and New Zealand.
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Clients who claimed Commonwealth Bank financial advisers put them in expensive CMLA life insurance policies instead of cheaper alternatives have been asked to narrow their group definition.
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