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Showing 1791 - 1800 of 3918 results for "law"

MLC refunds $67m in advice fees

KARREN VERGARA  |  FRIDAY, 27 JUL 2018
MLC will cease deducting general financial advice fees from its MasterKey Personal Super products after admitting it did not clearly communicate to members they could opt out of the service. About 305,000 MasterKey Personal Super (MKPS) members will ...

BTFG will pay back grandfathered commissions to customers

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
... Financial principal Claire Mackay proposed self-licensing - the likes of which exists in professions such as accounting and law. BTFG's Michael Wright wants dual-licensing. "I've been saying for six years, stop calling me distribution. My job ...

Member takes $50 billion industry fund to court

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUL 2018
An individual member is taking a $50 billion superannuation fund to the Federal Court for failure to disclose its exposure to climate change risk and preventative actions. Mark McVeigh, a 23-year-old Rest member, is taking the fund to court over claims ...

Chief economist update: Laissez faire

BENJAMIN ONG  |  WEDNESDAY, 25 JUL 2018
Forget John Maynard Keynes. Forget David Ricardo. A new economic sheriff is in town and his name is Donald J. Trump. POTUS has gone against Keynes' counter-cyclical prescription by increasing fiscal spending - tax cuts and increased expenditure ...

PPS Mutual creates state manager role

KARREN VERGARA  |  TUESDAY, 24 JUL 2018
PPS Mutual created a new state leadership role that will work closely with financial advisers in the region. Sabrina Sequeira-Walmsley takes on the new role of NSW state manager after working as national partnership manager at the Association of Financial ...

ASIC bans Queensland adviser, suspends licence

KANIKA SOOD  |  FRIDAY, 20 JUL 2018
ASIC has put a four-year ban on a Queensland adviser for failing to act in his clients' best interests while providing advice on self-managed superannuation funds. James Cribb allegedly advised in a manner that was likely to benefit his own SMSF administration ...

Fossil fuelled Ireland to divest for climate change

JAMIE WILLIAMSON  |  MONDAY, 16 JUL 2018
The Republic of Ireland looks set to become the world's first country to divest from fossil fuels. On July 12 lawmakers in the nation's Dail Eireann - the lower house of parliament - passed a bill requiring the Irish government to sell off any interests ...

REIT trust manager steps down

KANIKA SOOD  |  FRIDAY, 13 JUL 2018
... Brookfield. Qualified as a solicitor in both the UK and New South Wales, Kovarik is also a former senior associate of Allens law firm where she specialised in matters relating to listed and unlisted real estate investment trusts.

EU to offer cross-border pension scheme

KARREN VERGARA  |  THURSDAY, 12 JUL 2018
... pension products outside their national markets and giving savers more choice over how and where to place their savings." Law firm Dentons said the PEPP has a number of proposed features that are familiar to schemes in the UK. These include: A key information ...

Commercial property manager hires sales executive

KARREN VERGARA  |  THURSDAY, 12 JUL 2018
... investment options depending on risk appetite and investment profile," van Beek said. MaxCap also recently appointed Eddie Law as investment director. Based in Sydney, Law focuses on the New South Wales, Queensland and ACT markets; he manages relationships ...