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Showing 291 - 300 of 2024 results for "Application"

Super reform "takes away the right to be tax exempt"

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
... that all super withdrawals must be included, not accounting for the regulatory requirement for pension drawdowns. The application of the credit and debit system for Transfer Balance Cap recognises that pension payments are a function of the pension account ...

Former AMP adviser pleads guilty to dishonest conduct

KARREN VERGARA  |  MONDAY, 27 MAR 2023
A former AMP representative, who falsified information when providing superannuation and insurance advice, has pleaded guilty to three charges of dishonest conduct and is due to be sentenced. David Fong, who operated Fong Financial Planners, pleaded ...

CFA Institute unveils major program overhaul

ANDREW MCKEAN  |  MONDAY, 27 MAR 2023
The CFA Institute has executed its most comprehensive CFA Program revamp since 1963, in a bid to increase its relevance in today's investment landscape. The CFA Program enhancements aim to better prepare aspiring investment professionals for a rapidly ...

Regulators prioritise emerging areas of risk

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
Regulators are prioritising a range of emerging areas of risk across the superannuation industry. Speaking on a panel at the Conference of Major Superannuation Funds (CMSF) in Melbourne, APRA general manager superannuation Katrina Ellis, ASIC Commissioner ...

FICAP names new charity partner

JAMIE WILLIAMSON  |  MONDAY, 20 MAR 2023
Funds raised by the Financial Industry Community Aid Program (FICAP) will be donated to Feel the Magic this year, as well as Shine for Kids. Feel the Magic is FICAP's new charity partner, providing early intervention grief education programs for kids ...

ASIC bans Queensland adviser

ANDREW MCKEAN  |  WEDNESDAY, 15 MAR 2023
... 2022. Allen sought a review of ASIC's decision by the Administrative Appeals Tribunal on 6 April 2022. Though the application for review was withdrawn on February 6.

Court fines ANZ for dodgy introducer program

KARREN VERGARA  |  MONDAY, 13 MAR 2023
ANZ has copped a $10 million penalty for its home loan referral program that breached consumer credit protection laws. The Federal Court found that the bank's Home Loan Introducer Program enabled unlicensed third parties to refer customers to ANZ for ...

Victim access to super should be extended: Associations

JAMIE WILLIAMSON  |  TUESDAY, 21 FEB 2023
... of character contributions can be clawed back." "The laws that we're proposing would enable a victim to make an application to the court in the process of seeking compensation to seek transparency on their offender's superannuation account to ...

ASIC permanently bans former advisers

CHLOE WALKER  |  TUESDAY, 14 FEB 2023
... the sole director of Swinsure, before being convicted of fraud in November last year. In December, Sweeney filed an application at the AAT seeking a review of ASIC's decision. This decision is currently pending. "Financial advisers must act with honesty ...

Cold calling advice firms called out

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2023
... was "high risk" and all their money would go to the government if they died, emailed documents including a completed application for a retail fund and an invoice for advice that was not provided, and told to sign immediately. They are then charged thousands ...