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Showing 101 - 110 of 3447 results for "Law"

Government to amend transfer balance cap laws

ANDREW MCKEAN  |  FRIDAY, 27 OCT 2023
The government is progressing legislative amendments to the transfer balance cap (TBC) for individuals with a capped defined benefit income stream. Assistant treasurer Stephen Jones said this is another step to improve the efficiency of the superannuation ...

Fidelity launches global long-short fund to Aussie market

CASSANDRA BALDINI  |  WEDNESDAY, 25 OCT 2023
Fidelity International has launched its long-short fund to the local market in response to client demand. The Fidelity Global Long Short Fund will be overseen by portfolio manager Dmitry Solomakhin, who is based in London. Fidelity said the fund employs ...

ASIC loses case against Diversa

JAMIE WILLIAMSON  |  TUESDAY, 24 OCT 2023
... but failed to act. In October 2021, ASIC commenced civil penalty proceedings against Diversa, alleging it had breached the law by allowed Australian Super Find, the Australian Dealer Group, and financial adviser Nizi Bhandari to sign members up to YourChoice ...

AMP names super, investments lead

KARREN VERGARA  |  TUESDAY, 24 OCT 2023
AMP has appointed a former BT Financial Group executive to its ranks to lead its superannuation, master trust, and investments unit. Melinda Howes will take on the role of group executive for superannuation and investments from 29 January 2024, leading ...

Super fund, insurer admin issues draw AFCA complaints

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... In the second half of the 2023 financial year, AFCA reported 55 systemic issues. An additional seven cases contravened the law, while 18 organisations refused to follow through with an AFCA determination.

ASIC bans former PwC partner over tax scandal

CASSANDRA BALDINI  |  MONDAY, 23 OCT 2023
... barred by the Tax Practitioners Board (TPB) over integrity breaches following an investigation that found he let confidential law reform plans slip. Collins was undoubtedly the initial thread to unravel the embattled PwC, as the fallout from the nation's ...

AAT overturns ASIC ban on investment guru

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
... legislation. "As a result, I am convinced that the applicant has breached s 911C of the Corporations Act, a financial services law. This contravention alone justifies the discretion to impose a ban under s 920A(1)(e) of that statute," McCabe said. "Additionally ...

Fidelity finds key barriers in Australian estate planning

ANDREW MCKEAN  |  WEDNESDAY, 18 OCT 2023
A Fidelity International report shows that although most Australians feel obligated to share their wealth with future generations, a mere one in 10 have prepared a comprehensive estate plan. Drawing on nationally representative data by research firm ...

KeyInvest, Mantis Funds launch investment bond offering

CHLOE WALKER  |  WEDNESDAY, 18 OCT 2023
The Adelaide-based specialty financial services provider has partnered with Mantis Funds to bring investment bonds to wealth managers, financial advisers and high-net-worth individuals (HNWIs). As part of the deal, Mantis will become the exclusive external ...

ANZ breached disclosure laws in 2015 raise: Court

CHLOE WALKER  |  MONDAY, 16 OCT 2023
The banking giant will likely face a hefty fine after the Federal Court found it breached continuous disclosure laws in 2015. The Court found that ANZ contravened continuous disclosure laws by failing to tell the market that underwriters had filled ...