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Showing 1451 - 1460 of 6076 results for "Commission"

What you read in 2019: Financial advice

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
There wasn't a dull day to be had in Australia's financial advice industry in 2019, but unfortunately it was rarely a good thing. We are bidding farewell to the year that is likely to be remembered as one financial advisers would rather forget. ...

18 misconceptions about FASEA code

ELIZABETH MCARTHUR  |  THURSDAY, 19 DEC 2019
... advisers to consider some of the negative impacts conflicted advice had on clients that was highlighted at the Royal Commission. FASEA's position on referrals requires a standard that is inconsistent with any other profession: "Has the person who came ...

TAL loses group insurance mandate

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
... The mandate loss comes as TAL prepares to fight ASIC in the Federal Court over a 2014 case highlighted by the Royal Commission last year. ASIC is alleging TAL voided an income protection claim, saying the customer had failed to disclose unrelated prior ...

Pay jockeys super: Federal Court

ELIZABETH MCARTHUR  |  THURSDAY, 19 DEC 2019
The Full Federal Court has ruled that horse racing clubs and state racing boards are required to pay superannuation for jockeys. The court upheld the Australian Tax Office's super guarantee charge assessments in regards to riding fees paid to jockeys ...

No joy in the advice world this Christmas

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 DEC 2019
... factor for the lack of support when compared to other industries". Reflecting on the year that was since the Royal Commission, Daniels said the overwhelming majority of advisers want a professional, ethical, transparent and sustainable industry. "Decades ...

ASIC drags NAB to court for fees-for-no-service

HARRISON WORLEY  |  TUESDAY, 17 DEC 2019
... proceedings against NAB in the Federal Court over fees-for-no-service, which the bank continued to charge after the Royal Commission. The corporate regulator is seeking to find NAB made several thousand contraventions of the ASIC Act and the Corporations ...

YouTube fundie name erased from flagship

ELIZABETH MCARTHUR  |  TUESDAY, 17 DEC 2019
... period needed for a sale which avoids a material price discount," the FCA said. "In the US, the Securities and Exchange Commission has recently adopted measures of liquidity based on this concept." The FCA is considering how the findings of this report ...

Former Goldman Sachs exec charged over $62m bribery

ELIZABETH MCARTHUR  |  TUESDAY, 17 DEC 2019
... charged with bribery in relation to the high profile 1MDB sovereign wealth scandal. The US Securities and Exchange Commission has brought charges against Leissner for allegedly engaging in a corruption scheme, through which he obtained millions by paying ...

Dealer group boosts compliance team

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2019
... became more complex. "The compliance regime for planners has become much more demanding in the wake of the Hayne Royal Commission. Licensees have a duty to their authorised representatives to stay on top of the changes, and the only way to do that is ...

Chief economist update: War is over

BENJAMIN ONG  |  TUESDAY, 17 DEC 2019
... same time injecting CNY400 billion (US$56.94 billion) in the system. In September, the National Development and Reform Commission (NDRC) announced more than 1 trillion yuan of infrastructure projects to reverse slowing economic growth. A lasting trade ...