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Trade body calls on government and regulators for 'fundamental reform' of advice


Rozi Jones
|
1st February 2021
There is now more than ever, an increased need for financial and investment advice and support, but most people still don’t engage with financial advice
Trade association PIMFA is calling on the industry, government and regulators to bring about fundamental reform of, and wider consumer access to, professional financial advice.
PIMFA has published 12 recommendations in its Future of Advice policy paper, calling for:
• A review the definition of advice,
• A review the regulatory perimeter,
• The approval of financial promotions to become a regulated activity, and stronger regulatory controls in relation to the exemptions for high net worth and sophisticated investors, ....

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Verizon chalks up 13 more renewable energy agreements


Jan 28, 2021 12:16pm
Verizon lays claim to being one of the largest corporate buyers of U.S. renewable energy after notching 13 long-term renewable energy purchase agreements (REPAs). (Getty Images)
Verizon is laying claim to being one of the largest corporate buyers of U.S. renewable energy after notching 13 long-term renewable energy purchase agreements (REPAs).
The REPAs accounted for nearly 1.7 gigawatts (GW) of renewable energy capacity since December 2019, including six REPAs relating to 845 megawatts (MW) of renewable energy capacity since September of last year.
The six new agreements, like the earlier REPAs, were virtual power purchase agreements and are expected to help finance the powering of six new solar facilities that are under development. ....

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How to tackle regulatory risk with key risk indicators (KRIs)


How to tackle regulatory risk with key risk indicators (KRIs)
Promoted by Midwinter Financial Services
Rising regulatory pressure is weighing down advisers and dealer groups. Fortunately, there s a better way to manage risk, says Midwinter s Catalina Lopez.
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The advice industry is a challenging business. Make a mistake and the repercussions can be life changing. At best, reputations are shattered. At worst, businesses are closed.
Monitoring the quality of advice while maintaining a profitable business is the tight rope that advice professionals must walk. 
In 2017, ASIC, the corporate regulator backed the rising use of key risk indicators (KRIs) to fulfill that goal. Many larger institutions had already begun implementing KRIs by combining technology and data analytics to pinpoint areas of weakness in their advice. ....

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Jauniegādāto elektrovilcienu apkopi līdz jaunā apkopes centra izveidei nodrošinās 'Pasažieru vilciens'

Jauniegādāto elektrovilcienu apkopi līdz jaunā apkopes centra izveidei nodrošinās 'Pasažieru vilciens'
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