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Showing 991 - 1000 of 3918 results for "law"

Former Millennium3 representatives cop ban

KARREN VERGARA  |  TUESDAY, 3 AUG 2021
... banned the Lismore-based duo after an investigation found that they failed to ensure that NCFS complied with financial services law; its representatives also failed to abide by Millennium3's compliance manual. Further, ASIC determined they did not supervise ...

Financial Masterplan advisers banned

ANNABELLE DICKSON  |  TUESDAY, 3 AUG 2021
ASIC banned two Gold Coast-based financial advisers for five years after they were found to have placed clients in inappropriate superannuation and insurance products. The corporate regulator believes Trent Allan and Fabrizio Urrutia were not adequately ...

Super, fund manager ASX dominance launches inquiry

KARREN VERGARA  |  MONDAY, 2 AUG 2021
... collusion, corporates imposing public policy agendas while bypassing democracy, and disempowering ordinary investors. The law shouldn't empower capital over citizens and that's what we'll be inquiring into." The committee is taking submissions ...

Data to improve TPD outcomes: ASIC

ANNABELLE DICKSON  |  MONDAY, 2 AUG 2021
... superannuation and improving claims handling. However, ASIC is urging insurers to act now to meet the requirements of new insurance law reforms from the design and distribution obligations on 5 October 2021 and claims handling and settling services from ...

IFM blames "unfounded" class action for Tandem worries

KANIKA SOOD  |  FRIDAY, 30 JUL 2021
... scrutiny of class action legislation. "...I was wondering though, in all of that, do you think therefore we need class action law reform in Australia," Liberal MP Jason Falinski asked Neal. "Gosh...Mr Falinski... it's outside of my expertise. So, I don't ...

Super, ASIC beneficiaries of advice challenges: Hearing

JAMIE WILLIAMSON  |  FRIDAY, 30 JUL 2021
... rate to do more work." Wilson then asked how advice fees are aligned to clients' best interests, with Jacobsen saying the law is very clear on fee for service being the right way to go, with client consent and annual opt-in. Wilson challenged his ...

De Gori to leave FPA

JAMIE WILLIAMSON  |  MONDAY, 26 JUL 2021
... Morgan-Banda will lead the AFA from August 2, replacing Phil Kewin who resigned earlier this year. Most recently she led the Law Society of New Zealand which has about 15,000 members. Prior to this she led the Royal New Zealand College of General Pra ...

AFA announces new chief executive

KANIKA SOOD  |  MONDAY, 26 JUL 2021
... the chief executive of two professional membership bodies in New Zealand, and in corporate affairs Most recently she led the Law Society of New Zealand which has about 15,000 members. Prior to this she led the Royal New Zealand College of General Practitioners. ...

AMP shakes up advice service model

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 26 JUL 2021
Among the changes announced this morning, AMP is putting an end to all Buyer of Last Resort (BOLR) arrangements at the end of the year and giving advisers the freedom to leave the network with their clients from 2022. As part of a new service model ...

CSLR raises concern among advisers

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
... schemes are excluded from the proposed regulation. The association points out that the products and services covered by the new law is "very narrow". Draft documents mention financial advisers, credit providers, credit intermediaries, insurance distributors ...