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Showing 1811 - 1820 of 3918 results for "law"

Dover AFSL cancelled, McMaster exits industry

JAMIE WILLIAMSON  |  FRIDAY, 29 JUN 2018
... bad advice. ASIC also found that the terms conflicted with the obligations of an AFSL holder under the financial services law regarding client complaints and claims. ASIC was also concerned that Dover lacked the organisational competency required of ...

FASEA yet to determine bridging courses

JAMIE WILLIAMSON  |  THURSDAY, 28 JUN 2018
... covering the new Code of Ethics will be required. With the related fields comprising accounting, financial planning or advice, law and economics degrees FASEA said all advisers with these degrees will be eligible for the relevant bridging course, no ...

ASIC takes civil action against AMP

HARRISON WORLEY  |  WEDNESDAY, 27 JUN 2018
The corporate regulator has commenced Federal Court proceedings against AMP Financial Planning (AMPFP), alleging the division of the recently scrutinised mutual failed to ensure its authorised financial planners complied with the best interests duty ...

Global regulation hub launched for asset managers

JAMIE WILLIAMSON  |  WEDNESDAY, 27 JUN 2018
A European law firm is rolling out a new service for asset managers, providing up-to-date legal and regulatory requirements for distributing funds across jurisdictions. Tech-driven, financial services law firm Zeidler Legal Services has launched the ...

ASIC bans former adviser on IPO conduct

KANIKA SOOD  |  WEDNESDAY, 27 JUN 2018
... commissioner Cathie Armour said. Following a hearing, the ASIC delegate found Kawecki had failed to comply with a financial services law by knowingly engaging in conduct that was likely to mislead, in contravention of s1041H(1) of the Corporations Act. ...

Bank customer trust plummets: Research

KARREN VERGARA  |  TUESDAY, 26 JUN 2018
The level of bank customer trust and satisfaction is worsening thanks to the banking and financial services Royal Commission, according to new surveys. Prior to the Royal Commission, bank customer satisfaction reached 82.3% in January 2018 but plunged ...

NAB names wealth advocate

KARREN VERGARA  |  TUESDAY, 26 JUN 2018
... products, services and advice. She takes over from academic Dimity Kingsford-Smith, who returned to her full-time role as a law professor at the University of NSW. NAB created the customer advocate role in May 2015 as part of its financial advice remediation ...

TAL to boost adviser underwriting knowledge

HARRISON WORLEY  |  MONDAY, 25 JUN 2018
... TAL added the initiative will shift focus toward other health conditions later this year. TAL musculoskeletal manager Gavin Law said difficulties in underwriting the spine was challenging given there is often no specific problem or disease which can ...

ASIC admits AMP inaction

JAMIE WILLIAMSON  |  FRIDAY, 22 JUN 2018
... the mischaracterisation of the report as independent. ASIC deputy chair Peter Kell said confirming or suggesting that the law had been broken by individuals was "going a little too far for us." "I think there's a couple of things to keep in mind ...

Aurora reshuffles compliance team

ALEX BURKE  |  THURSDAY, 21 JUN 2018
... Panel." Aurora's nominee, Atanaskovic Hartnell partner Anthony Hartnell, was also singled out as a Keybridge director. His law firm, Molopo had also said, represented Aurora in its application to the Takeovers Panel.