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Showing 1 - 10 of 2176 results for "Legal"

ASIC cancels Everest Asset Management's AFSL

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2024
... members to financially benefit from the proceeds of crime and tax evasion between 2020-23. The syndicate allegedly co-mingled legal and illicit funds which enabled the transfer up to $100 million a day for customers in Australia and throughout the world ...

Social media influencers charged for promoting shady investments

ANDREW MCKEAN  |  FRIDAY, 17 MAY 2024
... influencers that when discussing financial products and services online or promoting affiliate links, they must understand their legal obligations. This includes determining if they are providing financial product advice or arranging for their followers ...

Wholesale investor test reform has several ramifications: SIAA

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... an inquiry into the entire wholesale investor testing framework. Key facets such as application of the tests in practice, legal requirements, and consequences for investors will all be under the microscope. According to the terms of reference, the government ...

Rest adds to C-suite with new appointment

ELIZA BAVIN  |  MONDAY, 13 MAY 2024
... culture and spent more than 10 years with AMP, where she held multiple senior roles across various business lines, and within legal and human resources, concluding her tenure as head of people services and governance. Murrell began her career in employment ...

Federal Court rejects two CBA class actions

KARREN VERGARA  |  MONDAY, 13 MAY 2024
... allegations and that "the parties are to consider consequential orders to give effect to the judgment." "The applicant's legal team is reviewing the judgment and assessing the prospects of an appeal. Notice of any appeal will need to be given within ...

Frontier grows consulting, governance teams

ELIZABETH FRY  |  FRIDAY, 10 MAY 2024
... Frontier's investment governance function will also gain a boost from the appointment of Ida How who brings a strong legal and compliance background to the growing specialist team that reports to Sarah Cornelius. How previously worked with Cooper ...

Advisers must unite for major reforms: SIAA

KARREN VERGARA  |  THURSDAY, 9 MAY 2024
... funds and how they are preparing to help Australians, particularly retirees access advice. Tranche one, which includes the legal basis in which the payment of advice fees from superannuation and associated tax consequences, underscores the government's ...

Litigation funder disputes AMP BOLR settlement

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2024
... Court shows the funder, Augusta Pool 523, has already incurred $16,716,882.72 in project costs (including $11,343,317.94 in legal fees and disbursements) in the class action. The Federal Court said it is "not possible, at this stage, to state the total ...

HESTA names chief financial officer

ELIZABETH FRY  |  TUESDAY, 7 MAY 2024
... operational role at rival Aware Super. As chief financial officer, she will manage the financial, tax and accounting processes, legal and compliance, tax and project execution. This is her first chief financial officer position. Previous roles have included ...

Chief member officer leaves Insignia Financial

JAMIE WILLIAMSON  |  WEDNESDAY, 1 MAY 2024
... Insignia said it is looking for an executive with significant experience in senior leadership positions in governance or legal roles and with experience working within retail superannuation and with or within a trustee support office. Reporting to the ...
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