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Showing 2311 - 2320 of 3919 results for "law"

BT Panorama aiming at advisers and SMSFs

DARREN SNYDER  |  THURSDAY, 22 OCT 2015
BT Financial Group's Panorama wealth operating system has reached a tipping point where the infrastructure is built and over the next year several releases will come to market. At a media briefing yesterday, BTFG general manager of platforms and operations ...

Financial System Inquiry response cut-out-and-keep guide

MARK SMITH  |  TUESDAY, 20 OCT 2015
... encourages greater self-reliance. "The Government will develop legislation to enshrine the objective within the superannuation law, where it will serve as a guide to policy-makers, regulators, industry and the community about superannuation's fundamental ...

Property spruiker banned for providing unlawful advice

MARK SMITH  |  TUESDAY, 20 OCT 2015
... via SMSFs, or facilitate such an investment, and who do not have an Australian financial services licence are breaking the law. "It is important that advisers who deal with SMSFs are appropriately licenced."

Government to lift advice standards by law

LAURA MILLAN  |  TUESDAY, 20 OCT 2015
The government is determined to raise the professional standards of financial advisers, and it will do it by passing new legislation, it said in its response to the Financial System Inquiry. The government will develop legislative amendments that will ...

ASIC to be handed greater powers

MARK SMITH  |  TUESDAY, 20 OCT 2015
The government has said it will grant the Australian Securities and Investments Commission (ASIC) additional powers to effectively regulate the financial services sector. More than 10 months after the release of FSI chairman David Murray's final report ...

ASIC bans former Westpac-aligned adviser

ALEX BURKE  |  FRIDAY, 16 OCT 2015
... those who provide financial services," said ASIC deputy chair Peter Kell. "ASIC will act to ensure advisers who flout the law and who disregard their legal obligations are removed from the financial services industry."

ISA calls out banks over fee structures

DARREN SNYDER  |  MONDAY, 12 OCT 2015
... very little or no transparency. "This should be cause for concern for fund members and an area ripe for disclosure reforms by law makers and regulatory authorities," Whiteley said. "Fees are being generated a number of ways by the vertically-integrated ...

California pension giants must divest from coal

MARK SMITH  |  MONDAY, 12 OCT 2015
US pension fund giant CalPERS and CalSTRS must divest their positions in coal companies after a new bill was signed into law in California last week. California governor Edmund Brown announced the signing of the bill on his website. The move is in line ...

Bond King Gross files $200m suit against PIMCO

MARK SMITH  |  FRIDAY, 9 OCT 2015
Star bond manager Bill Gross is suing PIMCO, his former employer, for US$200 million ($275 million) for breach of contract and plotting to oust him from the firm he set up more than 40 years ago. The lawsuit filed in Orange County, California - where ...

CBA publicly welcomes former staff bans

MARK SMITH  |  THURSDAY, 8 OCT 2015
The Commonwealth Bank has publicly welcomed the Australian Securities and Investment Commission's (ASIC) decision to ban former CFPL financial planners, Sharnie Kent and Stuart Jamieson. In a press release issued by the bank it said it reported concerns ...