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Showing 1721 - 1730 of 3918 results for "law"

Assistant Treasurer refutes breach allegations

HARRISON WORLEY  |  FRIDAY, 26 OCT 2018
Assistant Treasurer Stuart Robert has countered allegations he breached the Corporations Act. Responding to questions from Financial Standard today, Robert said allegations levelled at him by Labor Senator Chris Ketter during Senate Estimates on Wednesday ...

Enforceable undertakings are effective: Research

KARREN VERGARA  |  FRIDAY, 26 OCT 2018
... compensation from the firm is also required. Twenty other Australian regulators rely on EUs. Leading the study, UNSW Centre for Law Markets and Regulation director Dimity Kingsford-Smith said the researchers did not anticipate that a majority of organisations ...

Unpaid super penalties too light: ISA

DARREN SNYDER  |  THURSDAY, 25 OCT 2018
... Industry Super Australia deputy chief executive Matt Linden said the revelations suggest there is a basic failure to enforce the law which is likely contributing to the unpaid super problem. "The wholesale waiver of statutory penalties prescribed under ...

Afterpay faces senate inquiry

KARREN VERGARA  |  FRIDAY, 19 OCT 2018
... ripped off by people who claim they are trying to help them. The most vulnerable are getting hurt the worst, and today, the law isn't there to protect them. Labor wants to change that," she said. Afterpay enables retailers to offer customers to buy ...

Financial services employment to boom

JAMIE WILLIAMSON  |  WEDNESDAY, 17 OCT 2018
The employment outlook for the financial services sector is at a six-year high, despite the Royal Commission. Latest figures from Manpower show the net employment outlook for the finance, insurance and real estate sectors is up 21% for the fourth quarter ...

ASIC to review FDS compliance

HARRISON WORLEY  |  TUESDAY, 16 OCT 2018
... advice licensees issue FDSs and renewal notices to customers and whether they do so within the time frame as required by the law, in addition to scrutinising the content of FDSs for accuracy. ASIC said the review would also determine whether or not advice ...

SMSFs: Who, what, where, when and how

JAMIE WILLIAMSON  |  MONDAY, 15 OCT 2018
Financial advisers have been provided with a simple checklist to employ when considering recommending a self-managed superannuation fund to clients. Australian Financial Complaints Authority lead ombudsman - superannuation, June Smith reinforced the ...

FPA appoints new chair, director

KANIKA SOOD  |  FRIDAY, 12 OCT 2018
... two long-term milestones for the profession - the enshrinement of the terms 'financial planner' and 'financial adviser' in law, and the recognition of financial planners as signatories for Commonwealth statutory declarations, alongside lawyers, medical ...

ANZ chief says remediation is "distracting"

KARREN VERGARA  |  FRIDAY, 12 OCT 2018
... earn much lower profits compared to other ASX-listed companies. Elliot also admitted the bank has operated below what the law requires but maintains it did not breach the Corporations Act. If that is the case, the panel asked, then why have hundreds ...

Royal Commission an opportunity: Anderson

JAMIE WILLIAMSON  |  THURSDAY, 11 OCT 2018
... "There's no question that we've seen bad practices. The interim report seems to emphasise this is not about introducing more law, it seems to be suggested by the Commissioner that it's more about simplifying laws to ensure people actually know what they ...