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Showing 1081 - 1090 of 2507 results for "Legal"

Hayne report raises professionalism stakes

JAMIE WILLIAMSON  |  MONDAY, 11 FEB 2019
... body. Code Monitoring Australia was established in late 2018 by the FPA and five other industry associations as a separate legal entity and has already applied to ASIC for approval. "The powers that code monitoring bodies will have are a lot more powerful ...

Treasury initiates review post RC

KANIKA SOOD  |  FRIDAY, 8 FEB 2019
... recommendation on them in his final Royal Commission report on Monday. "The desirability of predictable and stable funding for the legal assistance sector and financial counselling services is clear and how this may best be delivered is worthy of careful ...

FASEA makes adviser exam adjustments

JAMIE WILLIAMSON  |  THURSDAY, 7 FEB 2019
... revealing several concessions to be introduced. In clarifying the content of the exam, topic of Financial Adviser Regulatory and Legal Requirements will only cover the Tax Agents Services Act. It will not include the broader requirements of the Tax Practitioners ...

ASIC enforcement must get tough: Commissioner

KANIKA SOOD  |  TUESDAY, 5 FEB 2019
... staff will have to negotiate about litigation that is on foot. But those meetings should be conducted through the parties' legal representatives and with appropriate formality," he said. Hayne recommends that ASIC's enforcement staff should not be responsible ...

Outflows dent IOOF advice, funds businesses

KARREN VERGARA  |  MONDAY, 4 FEB 2019
IOOF recorded net outflows of $481 million in its financial advice and funds management businesses during the final quarter of 2018. The advice business suffered $295 million of net outflows despite completing the transition of 661 former ANZ-aligned ...

AMP Capital starts new team, appoints two leads

KANIKA SOOD  |  FRIDAY, 25 JAN 2019
... and has overseen $3 billion of equity investments deployed for the company. Sandys initially joined as a New Zealand-based legal counsel and moved into an investment role in AMP Capital's infrastructure in 2016. The new team will provide solutions ...

Will the PC recommendations fall through the cracks?

KARREN VERGARA  |  WEDNESDAY, 23 JAN 2019
... Productivity Commission unveiled its final report, has its push to overhaul the superannuation system fallen on deaf ears? Two legal experts discuss what could happen next. Following a three-year review that produced 31 recommendations, there is the ...

Managed accounts not immune to Royal Commission

KARREN VERGARA  |  TUESDAY, 22 JAN 2019
A legal expert is warning managed accounts providers of the potential implications the financial services Royal Commission will have on remuneration and product recommendations. The Fold Legal chair Claire Wivell Plater urges financial advisers not ...

COBA appoints former ASIC executive

JAMIE WILLIAMSON  |  MONDAY, 21 JAN 2019
... the code meets consumer expectations. "His insights will be invaluable for the customer owned sector as the regulatory and legal environment continues to evolve in the wake of the financial services Royal Commission," COBA chief executive Michael Lawrence ...

Australian Ethical divests IOOF

KARREN VERGARA  |  FRIDAY, 18 JAN 2019
... the Australian Ethical Charter," he said. This was after "carefully" reviewing information presented as part of APRA's legal proceedings against IOOF, the response provided by IOOF and evidence from the banking Royal Commission. Findings from the ...