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Showing 2481 - 2490 of 3920 results for "law"

ASIC takes SMSF property spruikers to court

LAURA MILLAN  |  WEDNESDAY, 12 NOV 2014
... are owned or promoted by Park Trent companies. "Dealing with an authorised adviser affords specific protections under the law, such as acting in the best interests of clients, a duty to avoid conflicts of interest and providing access to dispute resolution ...

Market Wrap AM

AAP  |  WEDNESDAY, 12 NOV 2014
The Australian market looks set to open lower following a subdued performance on Wall Street with both the Dow Jones Industrial Average and the S&P500 flat in late afternoon trading. At 0905 AEST on Wednesday, the December share price index futures ...

Gold Coast advice firm enters EU over misleading ads

LAURA MILLAN  |  TUESDAY, 11 NOV 2014
Gold Coast-based financial planning and property management business Equanimity Concepts has entered into an enforceable undertaking (EU) with the Australian Securities and Investments Commission (ASIC). The regulator found that from January 2012 to ...

Highest paid execs in super revealed

JAMES FERNYHOUGH  |  THURSDAY, 6 NOV 2014
... less than his chief executive officer David Elia, who earned $683,265. As of 31 October superannuation funds were required by law to disclose how much they paid their executive teams. Some super funds - such as Cbus, AustralianSuper, MTAA Super and Media ...

CBA appoints litigators as customer advocates

LAURA MILLAN  |  MONDAY, 3 NOV 2014
Commonwealth Bank (CBA) has appointed three law firms as independent customer advocates for its Open Advice Review compensation program. Maurice Blackburn, Shine Lawyers and Slater and Gordon have been appointed to support individual customers through ...

Share trader jailed over $260,000 fraud

LAURA MILLAN  |  MONDAY, 3 NOV 2014
... Securities and Investments Commission (ASIC). ASIC commissioner John Price said: "Jones acted with complete disregard to the law and now must deal with the consequences of his behaviour." "ASIC does not tolerate any form of white collar crime and when ...

Shareholder primacy a myth: Governance Institute

JAMES FERNYHOUGH  |  MONDAY, 27 OCT 2014
... primacy: Is there a need for change?' argues that while there is a common perception that shareholder primacy is enshrined in law, this is incorrect. The paper focuses on section 181(1) of the Corporations Act 2001, which states that a director must ...

Global deflation - the next worry?

BENJAMIN ONG  |  THURSDAY, 23 OCT 2014
... up and away. Perhaps, it's time for the 'powers that be' to craft a new experiment in economic stimulation... before the 'law of diminishing returns' catches up with them and deflationary expectations become entrenched.

ASIC to crack down on big four, AMP and Macquarie

LAURA MILLAN  |  TUESDAY, 21 OCT 2014
... the Australian Securities and Investments Commission (ASIC) next year to make sure they comply with high-risk areas of the law. The initiative is part of the regulator's objectives for the coming year, outlined in its Strategic Outlook for 2014/2015. ...

AFA to lobby for MySuper opt in arrangement

LAURA MILLAN  |  FRIDAY, 17 OCT 2014
... change has to be through regulation or through legislation," he said, when asked if the proposal would involve changing the law. He also asked that super funds to inform their members about "the benefits of moving [from a default option to MySuper] and ...