Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1321 - 1330 of 3918 results for "law"

COVID-19 clogs custody mandate pipeline

ELIZABETH MCARTHUR  |  FRIDAY, 24 APR 2020
... J.P. Morgan was down to market volatility. However, work from home protocols are also an issue for custodians. Insights from law firm Allens Linklaters on the impact of COVID-19 on investment funds found: "A custodian that is usually able to carry out ...

Risk advisers under fire

ELIZABETH MCARTHUR  |  THURSDAY, 23 APR 2020
... APRA into life insurance and claims handling found superior consumer outcomes for group life insurance, leading a prolific law firm to suggest risk advisers add little to no value. Maurice Blackburn superannuation and insurance principal Josh Mennen ...

Former ASIC lawyer joins private firm

ELIZA BAVIN  |  MONDAY, 20 APR 2020
... former senior manager at ASIC has taken on a new role in the financial services regulatory practice of a well-known Australian law firm. Herbert Smith Freehills announced Lesley Symons had been appointed as an executive counsel in its financial services ...

Law firm cuts pay

ALLY SELBY  |  MONDAY, 20 APR 2020
... team has agreed to a 10% reduction in base pay. Slater and Gordon chair James MacKenzie said the changes would assist the law firm to respond to the spreading pandemic. "While not specifically related, these actions show we continue to take sensible ...

Should unused services on AFSLs be subject to ASIC levy?

KANIKA SOOD  |  FRIDAY, 17 APR 2020
... services in the year, and its key person was a solicitor, who could not have promoted or operated a managed investment scheme by law. It also said it would have to raise or borrow money to pay the levy. It argued against the custody fee component on ...

Future Fund board members reappointed

KANIKA SOOD  |  FRIDAY, 17 APR 2020
The government has reappointed two members of the $168 billion sovereign wealth fund's board of guardians. Carolyn Kay and Jane Wilson, who were both appointed for a five-year term in 2015, have had their appointments extended by three years and a year ...

MLC Life executive joins AFCA

HARRISON WORLEY  |  FRIDAY, 17 APR 2020
... ASIC and Clayton Utz. Meanwhile, Gray will join the authority in May after leading the national superannuation practice of law firm Hall & Wilcox, where she has been a partner since 2013. She brings more than a decade of experience on the Law Council ...

QSuper board takes AFCA decision to court

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... had impermissibly exercised the judicial power of the Commonwealth, and that AFCA's decision had involved an error of law if it was authorised to make the decision. The court, last Thursday, dismissed QSuper's appeal and ordered it to pay costs. ...

Major regulatory efforts delayed

HARRISON WORLEY  |  WEDNESDAY, 15 APR 2020
ASIC has been forced to delay several major pieces of its regulatory workload in order to effectively deal with the challenges of COVID-19. The corporate regulator has deferred several significant regulatory projects which were set to shake up financial ...

It's not you, it's quarantine

ELIZA BAVIN  |  THURSDAY, 9 APR 2020
Many financial advisers may need to gear up to handle the aftermath of couples growing apart as they're forced together. China was expecting a boom in births when it eased mandatory quarantine laws, instead it has seen a surge in divorce applications. ...