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Showing 2651 - 2660 of 3920 results for "law"

Sinodinos holds strong on FoFA regs despite legal concerns

LAURA MILLAN  |  TUESDAY, 18 FEB 2014
... always been the case that the regulations will be backed by legislation." The Assistant Treasurer made this statement after the law firm Arnold Bloch Leibler and Industry Super Australia (ISA) said that the amendments to the legislation could be "invalid" ...

Lawyer questions legality of FoFA amendments

JAMES FERNYHOUGH  |  MONDAY, 17 FEB 2014
... "invalid" and "susceptible to challenge in the courts" if they are pushed through via regulatory change rather than legislation, law firm Arnold Bloch Leibler has said. The legal advice was sought out by Industry Super Australia (ISA), which has been ...

AIST adopts middle ground on board structure

JAMES FERNYHOUGH  |  THURSDAY, 13 FEB 2014
Super funds should not be forced to include a third quota of independent directors on their boards, but the law should be changed to allow them to do so if they wish, according to the Australian Institute of Superannuation Trustees (AIST). Contrary ...

FoFA changes must go before parliament: Collins

JAMES FERNYHOUGH  |  MONDAY, 10 FEB 2014
The government's proposed changes to the Future of Financial Advice (FoFA) reforms must be debated as legislation in Parliament, according to Industry Super Australia (ISA) chair and former NSW Liberal leader Peter Collins. The government is currently ...

Tarrant appeals AAT banning order

LAURA MILLAN  |  FRIDAY, 24 JAN 2014
... General Justice Duncan Kerr has denied him "procedural fairness, as well as, natural justice and has made a number of errors of law including the determining of an appropriate penalty." "Not to mention the exclusion of most of my evidence; the acceptance ...

New ATO powers to decrease SMSF 'delinquency'

JAMES FERNYHOUGH  |  TUESDAY, 21 JAN 2014
... basis." Andrea Slattery, chief executive of the SMSF Professionals' Association of Australia (SPAA) agreed. "Under the current law, the system is far too inflexible - the ATO only has draconian penalties to apply to SMSFs, even for minor contraventions ...

FPA condemns FoFA fear mongers

JAMES FERNYHOUGH  |  FRIDAY, 17 JAN 2014
The Financial Planning Association of Australia (FPA) has urged planners to "rise above the noise of tired, product-centric arguments" in the early days of the watered-down Future of Financial Advice (FoFA) reforms. On 20 December 2013 Assistant Treasurer ...

Australia's largest banks join ASX OTC clearing service

MARK SMITH  |  FRIDAY, 17 JAN 2014
Eight Australian domestic and international banks have now joined the ASX OTC Interest Rate Derivatives Clearing Service as clearing participants and have started clearing trades on the platform. The ASX OTC Derivatives Clearing Service provides users ...

AMP restructure to lead to job cuts

ALICE URIBE  |  THURSDAY, 16 JAN 2014
Some jobs may be on the chopping block at AMP as a result of chief executive Craig Meller's restructure of the business which began last year and continued today with the announcement of key leadership appointments. "As we move towards a more efficient ...

AMP names new division leadership teams

MARK SMITH  |  THURSDAY, 16 JAN 2014