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| | | ... of private asset investors in the US, in particular, felt some Biden administration policies, especially around competition law, were holding them back from selling portfolio companies - and also on the buying side, because, after all, there's US$2 ... |
| | | | ... to insurers of their responsibility to ensure the information distributed to consumers is accurate and consistent with the law." ASIC sought to have HCF Life pay 50% of its costs of the liability hearing and for the costs of the penalty hearing. Judge ... |
| | | | ... advisers' professional judgement requirements. "A principles-based approach and reliance on professional judgement in the law will legally put clients, not compliance, at the forefront of the provision of financial advice," it said. Regarding advice ... |
| | | | ... calling for the swift passage of major legislation such as Payday Super and DBFO within the first 100 days of parliament. The law firm's 2025 Compliance Trends Survey also asked licensees about how they manage conflicts of interest. Two thirds of smaller ... |
| | | | The Australian Competition and Consumer Commission (ACCC) has appointed Sarah Proudfoot as chief executive. Despite also conducting an external search, Proudfoot started with the ACCC in 2005 when she joined the agency's Infocentre. She has since held ... |
| | | | Industry groups representing financial advice and superannuation have congratulated Anthony Albanese and the Labor government for the overwhelming federal election win over the weekend. Super Members Council (SMC) said it is looking forward to working ... |
| | | | Wholesale trading platform AUSIEX will acquire fixed income trading business FIIG Securities by the end of June 2025. The acquisition price has not been disclosed, but Financial Standard understands it has been described as "fair value". Financial Standard ... |
| | | | Defunct advice firm Equiti Financial Services, since renamed DOD Bookkeeping, which has been placed into liquidation, has been slammed with an $11.03 million penalty for providing "cookie cutter" advice and breaching conflicted remuneration laws. Equiti ... |
| | | | Private capital, active ETFs and tokenisation are set to take the financial services sector by storm over the next three to five years, Deloitte predicts. Deloitte's 2025 Financial Services Industry Predictions report lays out six major forces that ... |
| | | | ... system. SMC wrote to all parties and candidates ahead of the election seeking their formal commitments to support specific law reform so family violence perpetrators can no longer inherit their victim's super. In a formal response to SMC, the Coalition ... |
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