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Showing 1431 - 1440 of 3918 results for "law"

FASEA under pressure on managed accounts

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 DEC 2019
... what is a fairly typical managed accounts practice as reasonable. "Our view is that the code is extending the principles of law in a completely inappropriate way. No adviser can take comfort from the chief executive of FASEA saying the code should be ...

HUB24 announces new board appointment

ALLY SELBY  |  TUESDAY, 3 DEC 2019
... company's audit, risk and compliance committee. Prior to this appointment, Stringer worked for several national and international law firms, as well as serving as in-house legal counsel with financial institutions such as MLC, where she served on the ...

Women in Super: A year of accomplishments

MICHELLE BALTAZAR  |  MONDAY, 2 DEC 2019
It was a busy year for Women in Super, capped last Friday with the end-of-year Christmas luncheon where the association raised $18,000 on the day for a community foundation supporting women. Lata McNulty, chair of the NSW Committee, said that in 2019 ...

Former NAB, Infocus advisers banned

ALLY SELBY  |  MONDAY, 2 DEC 2019
... adviser "backdated advice documents to give the impression to her licensees that she had complied with her obligations under the law." Meantime, former Infocus adviser Williams has been banned from the industry for one year after she failed to disclose ...

Rest climate risk case goes to trial

ELIZABETH MCARTHUR  |  MONDAY, 2 DEC 2019
A three-day trial has been scheduled for the landmark case brought against Rest by member Mark McVeigh. The case, related to climate change risks, will have its day in court with a three-day trial scheduled for the week commencing 20 July 2020. The ...

Industry fund for coal miners on ESG journey

ELIZABETH MCARTHUR  |  MONDAY, 2 DEC 2019
Mine Super, the $11 billion industry fund for the coal mining industry, has clarified its position on a number of ESG issues. Vasyl Nair is the chief risk officer for Mine Super, he recently spoke at a panel on ESG issues at the annual Investment Performance ...

Update on FASEA code guidance on the way

ELIZABETH MCARTHUR  |  FRIDAY, 29 NOV 2019
... need guidance if there is ambiguity in the code," De Gori said. "It doesn't matter how good the guidance is. Courts of law and other regulatory bodies that might look at the Code of Ethics - how will they interpret it? "FASEA creates the Code of ...

How it can all go wrong

KANIKA SOOD  |  THURSDAY, 28 NOV 2019
In the most-talked about session on the FPA Congress program, former Queensland adviser James Cribb sat down with his lawyer Rhett Das to explain how he came to be banned and what he wishes he'd done differently. In July last year, Cribb was banned ...

Tech-powered is empowered: SOAs

JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2019
With no legal or regulatory barriers to using technology to deliver advice, the Financial Planning Association of Australia is confident the future of your practice is paper-free and prosperous. Earlier this year, the FPA established The Future of the ...

AFSLs show widespread non-compliance: ASIC

ELIZA BAVIN, JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2019
... documents, provided by 30 randomly selected Australian financial services licensees, provided to clients complies with the law. The regulator required the licensees to produce samples of fee disclosure statements (FDSs) and renewal notice obligations ...