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Showing 2531 - 2540 of 3920 results for "law"

Administrators fined over 'free ' SMSF set up claims

STAFF WRITER  |  TUESDAY, 12 AUG 2014
The Australian Securities and Investments Commission (ASIC)A has ordered a self-managed superannuation fund (SMSF) administration service provider to pay an infringement notice penalty after claiming its service was free. Your Super Accountant has paid ...

More data leads to more bad decisions

JAMES FERNYHOUGH  |  TUESDAY, 12 AUG 2014
... humans do not recognize how limited they are. "We are so disconnected from our biological limitations, that they have to make a law to say you can't drive a two-ton vehicle while texting." The human brain, she said, has also not evolved to deal with ...

ASIC lowers wholesale investor threshold to $2.5 million

LAURA MILLAN  |  MONDAY, 11 AUG 2014
... Economics Committee inquiry into ASIC's performance recommended it. During the Senate inquiry, University of New South Wales law professor Dimity Kingsford Smith warned that "using wealth as a proxy of financial literacy is suitable in some cases but ...

Australia's unit trust dictum is killing the funds industry

ALEX DUNNIN  |  FRIDAY, 8 AUG 2014
If Australia wants develop its potential to be funds management player in the Asia region, government has to decide whether it's policy on how it treats international fund managers is targeted at minimising tax leakage or exporting services, growing ...

Integrate next-gen insurance policies into NDIS

ALEX DUNNIN  |  THURSDAY, 7 AUG 2014
Life insurance isn't yet seen as part of the national public policy framework for solving Australia's disability and healthcare challenges but maybe it should be. That was the question posed by FSC chief economist James Bond to a panel of insurance ...

Australia at heart of new Asia-centric world order

MARK SMITH  |  THURSDAY, 7 AUG 2014
... include free market economics, science and technology, pragmatism, a culture of meritocracy, a culture of peace, strong rule of law and education. Another significant factor that cannot be understated is an explosion of cultural confidence in Asia, said ...

FSC Conference: Industry urged to prepare for Asia Passport pilot

MARK SMITH  |  WEDNESDAY, 6 AUG 2014
... consensus of an expert panel gathered at the FSC's annual conference in Cairns. The panel included Liz Gray, a partner at global law firm K&L Gates with extensive experience in managing financial services stakeholders; Catherine Simmons, managing director ...

Dying in social media: adviser's next big nightmare

LAURA MILLAN  |  THURSDAY, 31 JUL 2014
... different legal jurisdictions that the sites operate in. "Most platforms are based in the US, and would have the relevant US law apply. In some circumstances you may need a court order to access the information, and often people won't know this until ...

New PJC inquiry will "close the loop" on consumer protection

LAURA MILLAN  |  WEDNESDAY, 30 JUL 2014
... He noted that none of these measures work in isolation: "There needs to be an enshrinement to the term financial planner by law so consumers also know that they are seeing someone professional abiding by a professional of conduct and ethics." ASIC recognition ...

ASIC puts an end to PIS monitoring program

LAURA MILLAN  |  TUESDAY, 29 JUL 2014
The adviser monitoring program for Professional Investment Services (PIS) has concluded with the Australian Securities and Investments Commission (ASIC) reporting "a significant improvement in its compliance and audit functions." The Centrepoint-owned ...