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Showing 2331 - 2340 of 3919 results for "law"

ASIC seeks to wind up $18m manager

ALEX BURKE  |  WEDNESDAY, 16 SEP 2015
... liquidators or receivers to take control of Avestra's assets and report on, among other things, any suspected contraventions of the law, any losses suffered by scheme members, and whether the schemes ought to continue in operation (under a new responsible ...

Turnbull expected to dust off shelved policies

LAURA MILLAN  |  TUESDAY, 15 SEP 2015
... solutions." He said that Turnbull is likely to focus on reaching consensus so policy reforms can be passed by Parliament into law. "This is likely to include getting the budget back under control, reforming Australia's tax system, reducing bureaucracy. ...

ASIC warns super trustees

DARREN SNYDER  |  TUESDAY, 15 SEP 2015
The Australian Securities and Investments Commission (ASIC) has warned superannuation trustees about the promotion of member direct or self-managed investment options. ASIC commissioner Peter Kell said that occasionally the promotion of self-managed ...

Super becoming the fifth estate

ALEX DUNNIN  |  MONDAY, 14 SEP 2015
After finishing school in 1979 and before I started university I worked for three months as a kitchen hand in the New Zealand tourist resort of Milford Sound. On my half days off each week I would sometimes join one of the launch cruises that would ...

ASIC would "rarely" ban products

ALEX BURKE  |  MONDAY, 7 SEP 2015
... per Financial System Inquiry recommendations, ASIC chair Greg Medcraft said. Speaking at the Banking and Financial Services Law Association conference in Brisbane, Medcraft added he was aware of growing concern about ASIC's widening regulatory scope. ...

Super law changes "political suicide"

ALEX BURKE  |  FRIDAY, 4 SEP 2015
... he said there was a growing opportunity for specialist advice licensees that focus on national and international taxation law. "There's a number of people from Australia who work overseas, whether it's in Dubai or Chile or Russia, with the oil projects. ...

UK govt tempts super funds with real estate projects

MARK SMITH  |  FRIDAY, 4 SEP 2015
... they are looking for: the ease of doing business, predictability, transparency and clarity of regulation, tax and contract law. Britain scores very highly in all of those areas." The pipeline of projects totals around A£100 billion ($218 billion), of ...

Failure to monitor ESG may breach fiduciary duty

LAURA MILLAN  |  FRIDAY, 4 SEP 2015
... change has on their portfolios. The Supreme Court held on 18 May 2015 that trustees have a fiduciary duty, emanating from trust law, to timely and continually monitor fund investments and to remove imprudent ones. Commenting on the ruling, Jay Youngdahl ...

EQT appoints estate planning specialist

ALEX BURKE  |  THURSDAY, 3 SEP 2015
Equity Trustees has appointed an estate planning solicitor to its Sydney offices. Terry Matthews joins EQT from Makinson d'Apice Lawyers. He is a former manager of estate planning for New South Wales at National Australia Trustees, and has also worked ...

Perpetual wins RE mandate with seven funds

STAFF WRITER  |  THURSDAY, 3 SEP 2015
... institutional and retail investors to ensure their funds are operated in a manner consistent with Australian financial services law and in the best interests of investors," said Perpetual acting general manager regulated fiduciary services Rupert Smoker. ...