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Showing 1361 - 1370 of 3918 results for "law"

Art, rare coins cause issues for SMSFs

ELIZABETH MCARTHUR  |  THURSDAY, 20 FEB 2020
... However, he can buy them from the SMSF himself. The assets being held in the home is, of course, an issue in itself. Under law, items can generally not be stored personally if they are owned by an SMSF, Aisbett explained.

SMSFs interrupted in 2019: SuperConcepts

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
... pointed out that several pieces of legislation with a proposed start date of 1 January 2020 haven't actually been passed into law. "The government was in election mode when the budget was announced last year though, so most of the measures were good ...

Focus to acquire stake in MEDIQ

KANIKA SOOD  |  WEDNESDAY, 19 FEB 2020
... regulatory approval and other customary closing conditions. Agarwal comes from a family of medical practitioners (but has a law degree) and founded MEDIQ in 2010. It won the Association of Financial Advisers' (AFA) Practice of the Year award in 2017. ...

Franklin Templeton to acquire Legg Mason

JAMIE WILLIAMSON  |  WEDNESDAY, 19 FEB 2020
... close no later than the third quarter of 2020. Not everyone is happy with the news, however. In the last 12 hours multiple law firms have launched investigations on behalf of Legg Mason shareholders into whether or not the offer of US$50 per share in ...

Regulators praise super law reform

ELIZA BAVIN  |  FRIDAY, 14 FEB 2020
... have issued a joint letter to superannuation trustees about how regulatory oversight will operate assuming the reforms become law. The letter explains how they will work together to more effectively promote better outcomes for members, acknowledging ...

CalPERS investment lead targeted by Congressman

HARRISON WORLEY  |  FRIDAY, 14 FEB 2020
A US congressman has called for the chief investment officer of America's largest pension fund to be fired. In a series of tweets and interviews, Indiana Congressman Jim Banks has urged for the sacking of CalPERS chief investment officer Yu Ben Meng ...

JPMorgan admits to withholding ANZ shares

ELIZA BAVIN  |  FRIDAY, 14 FEB 2020
A JPMorgan executive has told the court that there was an agreement between JPMorgan, Deutsche Bank and Citigroup to withhold ANZ shares from the market. Speaking to the court for the ongoing case surrounding the $2.5 billion ANZ share sale, ex-JPMorgan ...

FASEA extension passes

ELIZABETH MCARTHUR  |  THURSDAY, 13 FEB 2020
The bill to extend deadlines for the Financial Adviser Standards and Ethics Authority exam and education requirements has passed the House of Representatives. The Treasury Laws Amendment (2019 Measures No.3) Bill amends the Corporations Act so that ...

Short seller bites the dust

KANIKA SOOD  |  THURSDAY, 13 FEB 2020
An activist short seller that accused an ASX-listed agricultural fund of running "scams" was dealt a blow in a Supreme Court judgment handed down yesterday. Texas-based Bonitas Research previously alleged Rural Funds Group (ASX: RFF) was overstating ...

De Ferrari unaware of legal action

ELIZA BAVIN  |  THURSDAY, 13 FEB 2020
... action will be filed on behalf of its members later this month. AMPFPA chief executive Neil Macdonald told Financial Standard law firm Corrs has been speaking to advisers who have expressed interest in quantifying their losses and he believes the process ...