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Showing 331 - 340 of 3908 results for "Law"

MLC trustees to pay $65m in MySuper class action settlement

JAMIE WILLIAMSON  |  FRIDAY, 6 DEC 2024
MLC will pay close to $65 million to settle a class action that alleged it delayed transferring more than 300,000 members to cheaper MySuper options. Maurice Blackburn has today advised it reached a settlement with MLC Super Fund, NULIS Nominees and ...

Super funds should focus on 'simple' advice: Jones

ELIZA BAVIN  |  FRIDAY, 6 DEC 2024
... basic questions about how they set themselves up for retirement, and the fund has got to say to them, 'I'm sorry, the law doesn't allow me to answer those questions' and they have to refer them off to a licensed financial adviser. And, for some ...

The sensitive conversations advisers shy away from

KARREN VERGARA  |  TUESDAY, 3 DEC 2024
Financial advisers must build the confidence to talk to clients about sensitive topics such as divorce, financial coercion, and binding financial agreements (BFAs) to help them navigate difficult periods and make a real difference in their lives. According ...

WA super law reforms boost GESB

JAMIE WILLIAMSON  |  MONDAY, 2 DEC 2024
Laws that will enable GESB members to keep growing their super with the fund after they leave the public service have been passed. Changes to the State Superannuation Act 2000 have now been passed by both Houses of Western Australia's Parliament, benefiting ...

Firms treat CSLR as 'insurance policy': FAAA

KARREN VERGARA  |  MONDAY, 2 DEC 2024
... liability scheme, which she describes as "complicated", as the structure of the advice profession is different to professions like law, accounting, engineering and so on - but it is an area the FAAA is looking into. Dixon Advisory inquiry update The ...

AMP completes advice licensees sale

KARREN VERGARA  |  MONDAY, 2 DEC 2024
AMP has finalised its divestment of three licensees and support service business to Entireti and AZ NGA as the new owners unveil a revamped leadership team. Some 950 advisers across AMP Financial Planning, Hillross, and Charter Financial Planning now ...

Prime Super refreshes executive lineup

ELIZABETH FRY  |  FRIDAY, 29 NOV 2024
... governance and the other to look after risk and compliance. Luke Hooper has 20 years of experience in superannuation and investment law. He has acted for several industry-based, government and corporate superannuation fund trustees as well as managed ...

Objective of super enshrined in law

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2024
... money for retirement," she said. "The 'Objective of Super' legislation reflects that clear and compelling purpose in ironclad law. It will be a guiding light for all future super policy development." Importantly, the objective safeguards super's primary ...

'New class of advisers' need clear-cut distinction: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
... consumers have the knowledge required to do that." Abood went on to suggest how NCAs can be compliant within the rules of the law, such as limiting them to products a client already owns. "We could perhaps create a safe list of products and strategies ...

BlackRock, State Street, Vanguard sued over climate stance

JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2024
... "Their conspiracy has harmed American energy production and hurt consumers. This is a stunning violation of State and Federal law."