New ASX governance principles target culture
KARREN VERGARA  |  THURSDAY, 28 FEB 2019
The ASX and its new corporate governance principles unveiled overnight are taking a leaf out of Commissioner Kenneth Hayne's final recommendations.
CFA Institute settles hiring dispute
DARREN SNYDER  |  WEDNESDAY, 27 FEB 2019
The CFA Institute will pay a fine of US$321,000 after reaching a settlement with the US Department of Justice over the practice of hiring temporary overseas exam graders.
Labor responds to Royal Commission final report
JAMIE WILLIAMSON  |  MONDAY, 25 FEB 2019
The Labor Party will look to ban the payment of grandfathered commissions by January 2020 if successful at the upcoming Federal election.
More consolidation to come: APRA
JAMIE WILLIAMSON  |  FRIDAY, 22 FEB 2019
Of the 28 funds identified by APRA as candidates for merger in the last 12 months, at least 13 have moved to do so. And a further three could also be headed for the exit door, APRA chair Wayne Byres said.
AFCA hears legacy complaints
KANIKA SOOD  |  THURSDAY, 21 FEB 2019
The Australian Financial Complaints Authority will start taking legacy complaints starting July 1 for a limited amount of time.
ASIC flags post-RC criminal prosecutions
JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
The corporate regulator is anticipating a number of criminal actions to stem from its investigations into misconduct revealed at the financial services Royal Commission.
Group insurance reforms to be tabled
JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
Legislative reforms that will see group life insurance offered to under-25 year olds and those with low account balances on an opt-in basis will be tabled in Parliament today.
Accountant banned for bad SMSF advice
HARRISON WORLEY  |  TUESDAY, 19 FEB 2019
A Gold Coast accountant has been banned from providing financial services for three years, after agreeing to a court enforceable undertaking with ASIC.
Actuaries Institute welcomes retirement income reforms
JAMIE WILLIAMSON  |  TUESDAY, 19 FEB 2019
The Actuaries Institute has welcomed the Government's action on Comprehensive Income Products for Retirement, including the requirement for all superannuation funds to offer a retirement income strategy.
Royal Commission recommendations split industry
KARREN VERGARA  |  MONDAY, 18 FEB 2019
Commissioner Kenneth Hayne's final recommendations received a mixed reaction in Financial Standard's latest spot poll.
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