Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 3474 results for %22Law%22

ASIC issues first stop order for crowd funding

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
... that is simpler for founders to manage," a VentureCrowd spokesperson said. "We consider that our actions are permitted under law and will be responding to ASIC on that basis. We will work transparently with ASIC to resolve this matter and ensure the ...

Super Members Council renews calls for anti-hawking extension

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2024
... products, not financial advice services. "Anti-hawking laws should be tightened, and current consumer protections locked into law to stop dodgy financial advisers using click-bait social media posts, cold-calls and pressure sales tactics to move unsuspecting ...

Advice reforms draft laws consultation opens

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
... benefits given by a retail client are not conflicted remuneration. "The new definition of conflicted remuneration clarifies the law to achieve the intended outcome of the conflicted remuneration provisions: to ban benefits given by a product issuer or ...

GST rebate changes worsens cost of advice: SMSFA

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
... which in recent times has been crippled by the rising cost of sector-based levies, we are asking the government to amend the law to ensure the previous interpretation for the treatment of adviser fees is retained," Scotchbrook said. "This could be achieved ...

Advisers shoulder massive wealth transfer

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
Financial advisers shoulder much of the responsibility in helping facilitate the massive intergenerational wealth transfer that has blown out to nearly $5 trillion, according to new estimates, as recipients are largely financial illiterate and ill-prepared ...

ASIC cancels AFSL of XTrade

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
The Australian Securities and Investments Commission (ASIC) has cancelled the Australian financial services licence (AFSL) of retail over-the-counter (OTC) derivatives issuer XTrade. XTrade offered clients opportunities to trade in contracts for difference ...

Block Earner dodges massive fine

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
... important protections. Simply because a product hinges on a crypto-asset, does not mean it falls outside financial services law." Block Earner is the trading name of Web3 Ventures. It was founded in 2021 by Charlie Karaboga and Jordan Momtazi and backed ...

Higher-for-longer rates dominate adviser conversations

KARREN VERGARA  |  TUESDAY, 4 JUN 2024
... earnings corresponding to the portion of their superannuation balance above $3 million," he said. "While the tax is not yet law, many advisers have been on the front foot and have already discussed this proposed change with clients. For those who haven't ...

Broken promises leave survivors in the lurch

ANDREW MCKEAN  |  TUESDAY, 4 JUN 2024
... changes will be redundant." Carpenter also blasted the requirement for a criminal conviction, pointing out that the Victorian Law Reform Commission found that for every 1000 children sexually assaulted, only about six cases result in a conviction. "With ...

Australians selling assets over seeking help: ASIC

ELIZA BAVIN  |  MONDAY, 3 JUN 2024
... than seek financial hardship assistance," ASIC commissioner Alan Kirkland said. "Customers in hardship are entitled under the law to request assistance. These findings should be top of mind for lenders when supporting Australians in financial hardship." ...
PREVIOUS
NEXT

Editor's Choice

Australian Retirement Trust people chief to depart

ELIZABETH FRY
Australian Retirement Trust has confirmed the departure of chief people officer Helen Jackson, who will leave at the end of the financial year.

SSGA loses $2.4bn in two months

KARREN VERGARA
State Street Global Advisors (SSGA) suffered $2.4 billion in net outflows over the last two months of 2023, the majority of which hit its Australian and international equities products.

AFCA seeks industry feedback on approaches

ELIZA BAVIN
The financial complaints authority is asking the industry for feedback on how it approaches issues and reaches decisions.

Apex, ACA partner to broaden client services

ANDREW MCKEAN
Apex Group and ACA Group have formed a partnership to offer their clients a wider range of services.

Videos

Brought to you by
MORE VIDEOS

Products

'Guide To' Series

Pocket investment guides featuring adviser case studies and a glossary.
MORE INFO

Publisher's Forum

Investing trends and strategies from the industry’s thought leaders.
MORE INFO

Product Showcases

Putting the spotlight on investment products that matter.
MORE INFO

Expert Feed

Industry Events

MORE INDUSTRY EVENTS
JUL
16

Advisers Big Day Out - Cairns 

JUL
18

Advisers Big Day Out - Sunshine Coast 

JUL
19

Advisers Big Day Out - Gold Coast 

JUL
23

Advisers Big Day Out - Hobart 

JUL
25

Advisers Big Day Out - Ballarat 

Featured Profile

MORE PROFILES

Jason Huljich

JOINT CHIEF EXECUTIVE OFFICER
CENTURIA CAPITAL LIMITED
A single decision can change your life, and that's exactly what Centuria Capital joint chief executive Jason Huljich learned when he came to Australia in the 1990s. Eliza Bavin writes.
READ MORE
Download the app
Premium subscribers can access even more content from Financial Standard.
Download on the Apple App Store
Download on Google Play
ISS - Institutional Shareholder Services, © Copyright 2024, All Rights Reserved
MarketSage  -  MarketPulse  -  MarketPro  -  MarketReach