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Showing 301 - 310 of 1369 results for "Corporations"

QAR does not "trash" FoFA: Anderson

CASSANDRA BALDINI  |  TUESDAY, 7 MAR 2023
... dating back to 2001. This was not a FoFA reform, so there can be no FoFA argument against this," he said. While the Corporations Act places a heavy reliance on disclosure, research conducted by ASIC questions its value, Anderson explained. "Clearly long ...

ASIC charges former investment company executives

ANDREW MCKEAN  |  MONDAY, 6 MAR 2023
... August 2018 about the payments to John Bridgeman. According to ASIC, the conduct was in violation of s 1309 of the Corporations Act. At the time of the alleged misconduct, dishonest breaches of directors' and officers' duties and knowingly providing ...

Super fund advice needs more guardrails: Conference

KARREN VERGARA  |  MONDAY, 27 FEB 2023
... advice during their life to assist them. In the final proposals released in February, Levy recommended amending the Corporations Act to allow for all financial product advice to be considered personal financial advice. This includes enabling super funds ...

Financial Circle director convicted, fined

CHLOE WALKER  |  TUESDAY, 21 FEB 2023
... the running of Financial Circle from August 2017 to September 2018 despite having been disqualified from managing corporations by the watchdog for two and a half years in 2016. The 2016 ban was due to his involvement in two companies - FP Investment ...

"A lawyer's picnic": QAR report slammed

JAMIE WILLIAMSON  |  THURSDAY, 9 FEB 2023
... conflicted advice of the banks and super funds." Among her proposals, and as anticipated, Levy suggested amending the Corporations Act to allow for all financial product advice to be considered personal financial advice and for super funds to provide ...

My mind has not been changed: Levy

CASSANDRA BALDINI  |  WEDNESDAY, 8 FEB 2023
... simpler financial advice, Michelle Levy maintains. As previously flagged in the draft proposals, Levy has suggested the Corporations Act be amended to provide that personal financial advice be provided by a relevant provider where it is provided by an ...

Treasury releases Quality of Advice Review final report

CASSANDRA BALDINI, JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2023
... reflecting the general law. It will not include a safe harbour. As previously proposed, the report states that the Corporations Act should be amended to provide that personal financial advice be provided by a relevant provider where it is provided by ...

Mining company shares manipulator sentenced

JAMIE WILLIAMSON  |  TUESDAY, 7 FEB 2023
... paying $5000 with the expectation of good behaviour for two years. He is also automatically disqualified from managing corporations for five years. Evans was found to have conspired to push Quantum shares to a pre-determined price alongside former Quantum ...

Brighter Super revamps board structure

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2023
... addition to the board, an energy industry veteran with experience working in Queensland state and local government-owned corporations. "In determining the composition of the new board, we considered the skills required, which is in line with our regulator ...

Australia's 1% just keep getting richer: Study

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
... budget by seven times, or dramatically reduce poverty in Australia. "Decades of tax cuts for the richest people and corporations have fuelled inequality at home and across the globe, with the poorest people paying higher tax rates than many high-flying ...