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Showing 1151 - 1160 of 3918 results for "law"

APRA eases hard caps in revamped executive pay

KANIKA SOOD  |  THURSDAY, 12 NOV 2020
... eventually made three recommendations on the subject. What qualifies as "material" is not defined in the report, said Swinburne Law School senior lecturer Helen Bird. "It was a big step to go down the prescribed cap path. It was the first time it was ...

AAT affirms SMSF adviser ban

JAMIE WILLIAMSON  |  WEDNESDAY, 11 NOV 2020
... service provider he recommended they engage. While he did not contest ASIC's findings that he had broken financial services law and conceded a five-year ban was appropriate, Blazejczyk appealed to the AAT believing he should only be prohibited from providing ...

BT reduces wholesale fees

ELIZA BAVIN  |  TUESDAY, 10 NOV 2020
... investor's instruction. However, from 1 December 2020, it will no longer facilitate the payment of the OAF due to changes in law which result in increased compliance. "Investors will no longer be able to direct us to pay this fee from that date. ...

The hits you don't see hurt the most: Aviva

ELIZABETH MCARTHUR  |  MONDAY, 9 NOV 2020
... estate world are still seriously challenged in the wake of COVID-19. According to a poll of 250 real estate professionals by law firm CMS in July 2020, 42% are pessimistic compared with 31% in 2019 and 24% in 2018. By September 2020, office occupancy ...

Three advisers banned for non-financial crimes

ELIZABETH MCARTHUR  |  FRIDAY, 6 NOV 2020
The UK's Financial Conduct Authority (FCA) has banned three people from working in financial services due to sex offences they had committed. The FCA's decision to ban the three individuals comes after Megan Butler, executive director of supervision ...

Rest climate case dismissed

ELIZABETH MCARTHUR  |  MONDAY, 2 NOV 2020
The Federal Court case brought by Mark McVeigh against the $57 billion industry super fund has been dismissed. The case was scheduled to be heard today but Justice Perram ordered that by consent the case was to be dismissed. McVeigh and Rest have been ...

CFS Investments chair to retire

KARREN VERGARA  |  FRIDAY, 30 OCT 2020
The chair of Commonwealth Bank's Colonial First State Investments and Avanteos Investments will retire at the end of year. Anne Ward will finish up her eight-year term as non-executive director and chair at the end of December 2020. The group is ...

Westpac settles two class actions

KARREN VERGARA  |  FRIDAY, 30 OCT 2020
... laundering breaches and rate rigging initiated in the US for undisclosed amounts. The bank settled the action filed by Rosen Law Firm relating to its failure to monitor financial crime and anti-money laundering under the eyes of AUSTRAC on October 29. ...

Sydney multi-boutique hires from Perpetual

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
... the business within the legal framework and providing viable and risk-based solutions. Channel previously used an external law firm. It decided to bring the function in-house on the back of growth in the number of funds and total assets under its responsible ...

DDO top of ASIC's agenda

ELIZA BAVIN  |  TUESDAY, 27 OCT 2020
... October next year as a result of COVID-19 but ASIC said it is top of the priority list for 2021. Speaking to the annual Credit Law Conference, ASIC commissioner Sean Hughes said DDO reforms remain a top priority for the regulator. "The design and distribution ...