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Showing 1451 - 1460 of 2510 results for "Legal"

Life insurance reforms to be re-introduced

JAMIE WILLIAMSON  |  MONDAY, 26 SEP 2016
... necessary as they "created an incentive to offer advice that may not be in the best interests of the client, notwithstanding the legal requirements of the best interests' duty." "The life insurance reform bill contains significant amendments to adviser ...

YBR selling off accounting business

ALEX BURKE  |  MONDAY, 26 SEP 2016
Yellow Brick Road has entered into an agreement to sell its accounting business and legal practice. Under the agreement, DBR Advisory will acquire YBR's accounting business and related assets, including goodwill, plan and equipment, client information ...

Managed accounts market likely bigger than thought

JAMIE WILLIAMSON  |  FRIDAY, 23 SEP 2016
... have been growing rapidly," said Toby Potter, Chair of IMAP. "However, because they can be SMAs, or MDA's or various other legal structures, it's been hard to be sure just how much is managed in this way." Speaking to Financial Standard last year, managedaccounts.com.au ...

Asset owners, managers not prepped for blockchain

JAMIE WILLIAMSON  |  FRIDAY, 23 SEP 2016
... skills necessary to adapt to new technical demands." Further, APAC respondents also identified regulatory, investment and legal teams as being likely to be significantly impacted. Elsewhere, 67% of respondents are concerned about how security implementation ...

Life insurance code needs clarity: FPA

KERRIE SYDEE  |  THURSDAY, 22 SEP 2016
The Financial Planning Association (FPA) has called for greater clarity around the overarching purpose of the Financial Services Council's (FSC) Life Insurance Code. In its latest submission to the FSC the FPA noted that while the current draft has ...

Suncorp appoints new wealth CEO

ALEX BURKE  |  THURSDAY, 22 SEP 2016
... industry-leading banking platform and driving Advanced Accreditation." Along with Carter's new position, acting chief risk and legal officer Fiona Thompson has become chief risk officer and Kate Olgers has been appointed chief legal officer; Suncorp ...

Another former AMP planner cops ban

JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2016
... character" as he borrowed over $2 million from clients and others and did not ensure clients were provided with independent legal and financial advice; didn't document all of the loans, only repaid approximately 10% of the total amount loaned; and sought ...

Banks commit to new adviser hiring standards

KERRIE SYDEE  |  TUESDAY, 20 SEP 2016
... advisers have performed in previous jobs. "This will better identify financial advisers who have not met the industry's minimum legal and ethical standards, and help employers make more informed recruitment decisions." The protocol was developed with ...

Advisory firm has licence cancelled

MARK SMITH  |  MONDAY, 19 SEP 2016
... AFSL, ASIC found that Allegianz had failed to lodge its required documents over consecutive years. This breached both its legal obligations and licence conditions and came despite repeated requests from ASIC to comply. Allegianz had held its AFS licence ...

QIC and Future Fund win Port of Melbourne lease

DARREN SNYDER  |  MONDAY, 19 SEP 2016
... Consortium was advised by Gresham Partners and Credit Suisse as its financial advisers and Herbert Smith Freehills as its legal adviser. The transaction is expected to close on 31 October.