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Showing 1061 - 1070 of 3918 results for "law"

Government opens consultation on key advice reforms

JAMIE WILLIAMSON  |  MONDAY, 19 APR 2021
... appointed to the FSCP to hear disciplinary matters that involve tax-related advice, the government said. Under the proposed law, ASIC must convene a FSCP "if it reasonably believes that a financial adviser has breached their obligations under the Corporations ...

Mawhinney banned for 20 years

ELIZABETH MCARTHUR  |  MONDAY, 19 APR 2021
The Federal Court has ruled that Mayfair 101 founder James Mawhinney cannot fundraise for or advertise financial products for 20 years. The judgement, delivered this morning, ordered that Mawhinney and any of his employees or any companies he is a part ...

Granny flat tax exemption to become law

ANNABELLE DICKSON  |  MONDAY, 19 APR 2021
... Formal and legally enforceable family agreements were identified as a measure to prevent elder abuse in the 2017 Australian Law Reform Commission's report Elder Abuse - A National Legal Response. The report found that current tax arrangements have ...

Regulator frets over SPAC boom

ELIZABETH MCARTHUR  |  FRIDAY, 16 APR 2021
... The SEC is concerned that SPACs circumvent some investor protections because they are not subject to all the same securities law liabilities as a vanilla initial public offering. "First, and most directly, all involved in promoting, advising, processing ...

Delay breach reporting law: AFA

KARREN VERGARA  |  FRIDAY, 16 APR 2021
... aggregated by breach type but also by individual licensee, Hayne suggested. One main issue the AFA highlighted is that the law deviates from the concept of significant breach reporting and will involve "an exponential increase in the number of breaches ...

Vanguard Super appoints board

KANIKA SOOD  |  THURSDAY, 15 APR 2021
... board for Vanguard Super Pty Ltd will include Jeremy Duffield, Anne Flanagan and Cynthia Lui. O'Neal is a former partner at law firm Herbert Smith Freehills specialising in superannuation and financial services law. She was also a consultant to the Cooper ...

Commonwealth seeks to stop bond class action

ELIZABETH MCARTHUR  |  FRIDAY, 9 APR 2021
... after meeting Barnden when he delivered a guest lecture at La Trobe University in July 2019, where O'Donnell is studying law. Barnden is the same lawyer who represented Mark McVeigh in his landmark case against industry fund Rest, which settled out ...

YFYS net must be cast wider: Cbus

ANNABELLE DICKSON  |  FRIDAY, 9 APR 2021
... 16.3% less and if they were in the bottom fund for that category, they would have 62% less in their balance," he said. "This law of compounding interest works very powerfully against you if you are in an underperforming fund." Arter noted that Cbus supports ...

"Financial" in BFID is no big deal: Academic

KANIKA SOOD  |  WEDNESDAY, 7 APR 2021
... material, but BFID's flow-on effects will be concerning for trustees. University of New South Wales director for centre of law, markets and regulation Scott Donald made the point at public hearings held by economics legislation committee in Sydney this ...

ASIC drops Caddick charges

ELIZABETH MCARTHUR  |  TUESDAY, 30 MAR 2021
... raided her home to search for evidence. ASIC clarified that it had to withdraw the charges against Caddick, as a matter of law, to enable the civil proceedings to go ahead. However, the regulator reserves its rights to reinstate the charges at a later ...