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Showing 171 - 180 of 2493 results for "Legal"

Super spending calls BFID compliance into question

JAMIE WILLIAMSON  |  TUESDAY, 24 JUN 2025
... to address any deficiencies," APRA deputy chair Margaret Cole said. "Where APRA identifies practices which fall short of legal requirements, APRA will utilise the full range of its powers to hold an RSE licensee accountable."

AFCA urges adviser clarity on SMSF wholesale investor test

KARREN VERGARA  |  MONDAY, 23 JUN 2025
... financial service relates to a superannuation product, such as an SMSF." They added that AFCA's primary concern must be the legal classification of the SMSF as set out in the law in making a determination on a complaint. "That is not to say the level ...

ART farewells two more executives

ELIZABETH FRY  |  THURSDAY, 12 JUN 2025
... enterprise services officer, is leaving the $310 billion superannuation fund after eight years, She was responsible for policy, legal, and government relations and was appointed to this newly created role just under 12 months ago when ART announced a ...

ASIC puts 18 finfluencers on notice amid global campaign

JAMIE WILLIAMSON  |  THURSDAY, 12 JUN 2025
... and hand-delivered a caution letter to a Vancouver finfluencer about potentially unregistered activity, suggesting he seek legal advice. The Ontario Securities Commission also hand-delivered warnings alongside law enforcement. Recent Moneysmart research ...

ASIC grants no-action on deficient advice fees consent

JAMIE WILLIAMSON  |  FRIDAY, 6 JUN 2025
... with the Corporations Act requirements," ASIC said. "This no-action position does not prevent third parties from taking legal action in relation to the conduct." The regulator also clarified that a no-action is not a legal opinion, but an expression ...

UK treasury provides guidance on local pension consolidation

MATT TOLEDO  |  FRIDAY, 30 MAY 2025
... to investing in private markets is the best option. "The challenges of a mandated approach would be significant-raising legal concerns around fiduciary duty and potentially distorting pricing in ways that could reduce member outcomes," he continued in ...

Greenwashing remains an enforcement priority: ASIC

MICHELLE BALTAZAR  |  THURSDAY, 29 MAY 2025
... a different one," said O'Rourke, stressing that greenwashing is a breach of long-standing and very well-established legal obligations. Misleading and deceptive conduct by corporates, whether it's to do with sustainability or other business activities ...

QSuper settles $67m class action

ANDREW MCKEAN  |  WEDNESDAY, 28 MAY 2025
... for insurance purposes for its members. An ART spokesperson said QSuper reached an in-principle settlement, which includes legal costs and disbursements, and other fees and costs associated with the class action, to avoid the risk of costs associated ...

New gigs for Qantas Super execs

ELIZABETH FRY  |  THURSDAY, 22 MAY 2025
Three Qantas Super executives have landed in new roles following the merger of the fund with Australian Retirement Trust in March. This is in addition to the appointment of Qantas Super boss Michael Clancy to the top investment job at REST Super. Clancy ...

ASIC sues home loan manager over 'unlawful' hardship application handling

MATTHEW WAI  |  WEDNESDAY, 21 MAY 2025
The Australian Securities and Investments Commission (ASIC) has filed legal proceedings against Resimac, which manages non-bank loans provided by Perpetual Trustees, for failing to provide appropriate care in responding to hardship applications. Resimac ...