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Showing 1181 - 1190 of 6076 results for "Commission"

Advice group flees MLC after IOOF takeover

ANNABELLE DICKSON  |  TUESDAY, 1 SEP 2020
... just being part of a large group that sparked the shift but also the uncertainty of financial advisers after the Royal Commission and as a small business owner HFM & Partners needs certainty with their clients' portfolios. "We need to do what is ...

Fake pastor herds believers into Ponzi scheme

ELIZABETH MCARTHUR  |  MONDAY, 31 AUG 2020
... charged over a Ponzi scheme that targeted African immigrants, particularly those of faith. The US Securities and Exchange Commission (SEC) charged two companies based in Maryland for the scheme that allegedly defrauded 1200 investors out of more than ...

ASIC names operations, risk leads

KARREN VERGARA  |  MONDAY, 31 AUG 2020
... resumed many of its projects that were temporarily disrupted; particularly work that pertains to the banking Royal Commission recommendations. In the financial advice sector, ASIC will continue to identify unlicensed advice and take "swift action," against ...

Advice disciplinary body delayed

KARREN VERGARA  |  FRIDAY, 28 AUG 2020
... not see its slated January 2021 launch. Instead, the disciplinary body as recommended by the financial services Royal Commission, is set to be up and running in mid-2021, Hume told the Stockbrokers and Financial Advisers Association Virtual Conference ...

Challenges on the horizon for CountPlus

ANNABELLE DICKSON  |  FRIDAY, 28 AUG 2020
... financial year as chief executive Matthew Rowe said Count Financial will be faced with the consequences of the Royal Commission including the mandatory rollback of grandfathered rebates and platform commissions paid to licensees. Ahead of the changes ...

APRA issues new licence conditions on NULIS

ELIZABETH MCARTHUR  |  THURSDAY, 27 AUG 2020
... provisions. The new directions and licence conditions follow an investigation into matters at NULIS uncovered by the Royal Commission. The Royal Commission formed the view that NULIS' decisions in regards to moving certain groups of members into ...

ASIC relaxes IPO red tape

ANNABELLE DICKSON  |  THURSDAY, 27 AUG 2020
ASIC has loosened the red tape for companies undertaking an initial public offering with the issuance of regulatory relief. Following a public consultation in February 2020, the corporate regulator has amended the legislation to grant relief for voluntary ...

New law backs choice of fund

KARREN VERGARA  |  WEDNESDAY, 26 AUG 2020
... requirements," the memorandum said. The bill addresses the findings of the Financial System Inquiry and the Productivity Commission Inquiry into superannuation, which found that denying choice of fund can discourage member engagement and lead to paying ...

Sam Henderson pleads guilty

ELIZABETH MCARTHUR  |  TUESDAY, 25 AUG 2020
... claim that he had a Master of Commerce. Henderson was the subject of a case study on bad financial advice at the Royal Commission and was subsequently banned from providing financial services for a period of three years. During the Royal Commission ...

Pahari sorry, victim calls for documents

ELIZABETH MCARTHUR  |  TUESDAY, 25 AUG 2020
... continuing to call for AMP to release my complaint, the findings document and all other documents relating to the report's commission."