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Showing 2381 - 2390 of 3919 results for "law"

Industry moves away from upfront commissions

LAURA MILLAN | THURSDAY, 25 JUN 2015

Australia's life insurance advisers and providers have reached an agreement to transition from high upfront commissions to alternative remuneration models. The Association of Financial Advisers (AFA), the Financial Planning Association (FPA) and the ...

FPA pushes for three-year opt-ins

ALEX BURKE | WEDNESDAY, 24 JUN 2015

... association is currently seeking ASIC approval - will obviate the need for client opt-ins "as they currently stand under the law." "We've always held that the opt-in law was not the appropriate way to go and that client engagement should be governed ...

Frydenberg outlines tax changes

ALEX BURKE | MONDAY, 22 JUN 2015

Following the Government passing numerous tax reforms through Parliament on June 18, Assistant Treasurer Josh Frydenberg has said the changes will "[increase] Australia's economic competitiveness while restoring the budget." Specifically, the Tax and ...

PROFILE: EISS chief executive Alex Hutchison

DARREN SNYDER | THURSDAY, 18 JUN 2015

... life as a policeman evolve in to Alex Hutchison becoming chief executive of an industry superannuation fund? While studying law Hutchison decided to pursue a career with the Australian Federal Police. He worked across various roles, from general uniformed ...

Future Fund and AustralianSuper settle court case

LAURA MILLAN | THURSDAY, 18 JUN 2015

The legal battle between two of Australia's funds management giants has ended with a multi-million dollar settlement. The Future Fund will pay AustralianSuper $7 million which will contribute to the legal costs of the country's largest industry fund ...

Cbus chief executive answers Royal Commission

DARREN SNYDER | THURSDAY, 11 JUN 2015

Cbus chief executive David Atkin has again flatly denied having any knowledge of the superannuation fund releasing members' personal information to the Construction, Forestry, Mining and Energy Union (CFMEU). Presenting as a witness at the Royal Commission ...

Ghost fund flogger banned

LAURA MILLAN | WEDNESDAY, 10 JUN 2015

... and was not trading, ASIC concluded. Duncan's business promoted the fund as if it generated high returns with low risk. "The law requires that financial products and services be offered by licensed businesses," ASIC Commissioner Greg Tanzer said.

Employee share scheme reforms to boost start-ups

ALEX DUNNIN | FRIDAY, 5 JUN 2015

Changes to the tax laws for employee share schemes should boost start-ups. The changes which are expected to be passed shortly, even though they are still being debated in parliament, are widely regarded as a good compromise between the previous Act ...

Omega appoints head of investment solutions

ALEX BURKE | THURSDAY, 4 JUN 2015

Omega Global Investors has appointed a new head of investment solutions. Scott Lawrence joins the firm from Parametric Portfolio Associates, where he was managing director. He has also held positions at Vanguard, ITG and Commonwealth Investment Management. ...

ASIC looking to introduce civil laws to punish corporates

DARREN SNYDER | WEDNESDAY, 3 JUN 2015

... Estimates committee with proposals to introduce new civil laws that target officers and firms in a similar vein to criminal law. "We think that when an officer breaches a law ASIC administers - and culture is responsible - then the officers and the firm ...

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Federal Court lifts Merhi's travel ban

KARREN VERGARA

Former financial adviser Ferras Merhi is now free to travel as the Federal Court lifted travel restraint orders imposed one year ago.

Hostplus delivers double-digit FY26 returns

RIDDHIMA TALWANI

Hostplus Balanced (MySuper) option delivered members 10.8% for the financial year 2025-26, while the Indexed Balanced option and the High Growth option returned members 11.06% and 12.61% respectively.

ASIC levy estimates jump 19% as regulator ramps up funding

VINNY VUCAGO

ASIC has lifted its estimated industry funding levy by almost 20% for 2025-26, with regulated entities expected to shoulder $400.5 million in regulatory costs as the corporate watchdog expands its supervision and enforcement activities.

GQG bleeds over US$7bn in FUM in June

MATTHEW WAI

Despite recording positive investment performance, GQG Partners observed a significant outflow, with net outflows of $4.62 billion recorded in the month of June, as FUM slipped to $225 billion at June end, compared to $235.5 billion in the month prior.

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Blake Briggs

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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.

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