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| | | ... wellbeing of their followers at risk," FCA executive director of enforcement and market oversight Steve Smart said. Commenting, law firm Lewis Silkin said the fines issued to the influencers were "surprisingly small" and "frankly, derisory". "... the ... |
| | | | ... safeguarding trust and confidence in Australia's financial system," ASIC chair Joe Longo said. "Today, ASIC is one of the most active law enforcement agencies in the country. We are taking more cases to court, achieving record penalties, and protecting ... |
| | | | ... superannuation retirement income solutions paper said. The principles don't change the operation or interpretation of existing law, prudential standards or fiduciary duties, the paper said. Meanwhile, the Retirement Reporting Framework will collect ... |
| | | | ... members. It also found the fund's processes for determining the propriety of board directors are lacking. Under Commonwealth law, directors on the boards of super funds must always satisfy a 'fit and proper persons test' to ensure they have ... |
| | | | Financial advisers can bridge the gap in aged care advice, according to an expert, who says that too many elderly people are suffering from the confusion and misinformation surrounding the new aged care reforms. Louise Biti, director of Aged Care Steps ... |
| | | | Often on the frontlines of dealing with an ageing client base, financial advisers have the obligation to identify, safeguard and respond to elder and financial abuse. This is according to Pitcher Partners client director of estate planning Anna Hacker ... |
| | | | ... informed decisions." She also stressed that an individual may be well educated in a "completely different field" to finance, law or anything related to the experience required for SMSF. They might also be entering at a point when they are having kids ... |
| | | | With the Division 296 superannuation tax soon becoming a reality, members with large sums of wealth must consider their tax planning and retirement strategies and act with urgency, according to an SMSF expert. At the SMSFA National Conference this morning ... |
| | | | ... mislead consumers, utilise high pressure tactics or provide financial services without a licence will risk contravening the law. Licensed persons or entities that engage the services of lead generators acting in this way, share this risk," the regulator ... |
| | | | ... members can create a legally valid Will using a simple online process, with each submission reviewed by Safewill's affiliate law firm. Members can also organise and store important documents in a secure digital vault that their nominated beneficiaries ... |
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