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Showing 261 - 270 of 3918 results for "law"

Panic selling of SMSF assets 'totally unnecessary'

ELIZA BAVIN | THURSDAY, 15 MAY 2025

... $3 million is "totally unnecessary" and urged people to "look at the facts". Busoli said assuming the policy is passed into law and commences on July 1, the cap would only be on a per member basis and the additional 15% tax would only be applicable to ...

Macquarie raked over the coals again by ASIC

ANDREW MCKEAN | WEDNESDAY, 14 MAY 2025

... review of Macquarie Securities regulatory reporting systems, controls, and supervisory procedures to ensure compliance with the law. Macquarie acknowledged the civil proceeds commended by ASIC against its subsidiary. Macquarie noted that specific issues ...

Chalmers lays down the law on super tax

ELIZA BAVIN | WEDNESDAY, 14 MAY 2025

Treasurer Jim Chalmers is remaining steadfast that the Labor government will legislate the 30% tax rate on superannuation balances over $3 million. "We've made that clear that we haven't changed our policy. We announced that policy more than ...

Vision Super defends new but 'archaic' policy

ELIZA BAVIN | TUESDAY, 13 MAY 2025

... disclose personal information to an overseas recipient if the entity reasonably believes that the recipient is "subject to a law, or binding scheme, that has the effect of protecting the information in a way that, overall, is at least substantially similar ...

Future Fund makes leadership appointments

JAMIE WILLIAMSON | TUESDAY, 13 MAY 2025

Future Fund has appointed a chief financial officer and chief risk officer, as well as a chief people, culture and inclusion officer. Nancy Collins is joining the Future Fund Management Agency from Swinburne University of Technology. There, she has ...

US financial market dominance can't last indefinitely: MSCI

ANDREW MCKEAN | MONDAY, 12 MAY 2025

... 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 ...

HCF Life fined $750k for misleading contract term

KARREN VERGARA | FRIDAY, 9 MAY 2025

... 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 ...

FAAA calls for stronger consumer protections in advice reforms

ANDREW MCKEAN | WEDNESDAY, 7 MAY 2025

... 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 ...

Licensees slash compliance spending: Survey

KARREN VERGARA | WEDNESDAY, 7 MAY 2025

... 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 ...

New ACCC chief named

ELIZA BAVIN | TUESDAY, 6 MAY 2025

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 ...

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Treasury responds to Debelle's review into the AOFM

KARREN VERGARA

Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI

Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI

MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

MATTHEW WAI

Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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