Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 341 - 350 of 807 results for "Corporations Act"

AIST finds issues with FASEA code

ELIZABETH MCARTHUR  |  MONDAY, 25 NOV 2019
... express a preference for piece-by-piece advice rather than holistic or comprehensive advice." She pointed to the Corporations Act section 961B as allowing for scaled advice, Scheerlinck said as the code is currently written it would be possible for an ...

Dover, McMaster found guilty

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2019
... the policy to be misleading or deceptive or likely to mislead or deceive in the context of section 1041H of the Corporations Act and section 12DA(1) of the ASIC Act. This is because the introductory clause of the policy did not ensure Dover clients received ...

AFA calls out FASEA chief inconsistency

ELIZABETH MCARTHUR  |  THURSDAY, 21 NOV 2019
... equivalent and what the completion of 'one or more courses determined by the standards body' as outlined in the Corporations Act may require.

Three advisers cop ASIC bans

KANIKA SOOD  |  WEDNESDAY, 20 NOV 2019
... to Sentry Group's Wealthsure Financial Services. All banning orders were made under sections 920A and 920B of Corporations Act.

ASIC to survey whistleblower policies

ELIZA BAVIN  |  THURSDAY, 14 NOV 2019
... a policy might otherwise offer," Price said. All companies are bound by the whistleblower protections in the Corporations Act from 1 July 2019, regardless of whether they are required to have a whistleblower policy.

FASEA attempting to re-write law: AFA

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 NOV 2019
... impractical." And again, FASEA failed to consult with the industry on this point, he said. "Despite being required by the Corporations Act, FASEA never consulted on this requirement to avoid all conflicts," Anderson said. Anderson said FASEA does not ...

Calls for clarity on personal advice in DDO

KANIKA SOOD  |  MONDAY, 11 NOV 2019
... "excluded dealings". However, platform operators are not recognised as "associates". The FSC is asking for the Corporations Act to be amended (or a regulation) to broaden the definition of excluded conduct to include such situations. "A large proportion ...

September FASEA exam results in

ELIZABETH MCARTHUR  |  FRIDAY, 8 NOV 2019
... congratulates successful candidates on completing an important component of their education requirements under the Corporations Act," FASEA chief executive Stephen Glenfield said. "Unsuccessful candidates are able to re-sit the exam and these advisers ...

Trustee firm, super fund in hot water

JAMIE WILLIAMSON  |  WEDNESDAY, 6 NOV 2019
... monitor the actions of their promoters. The regulator is seeking a number of declarations, including under the Corporations Act that Tidswell and ZIB failed to comply with their obligations as licensees and, under the ASIC Act, that Mobi engaged in misleading ...

ASIC, MLC Nominees and NULIS in court

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
... ASIC, members then received no service from financial advisers. This was a contravention of s912A(1)(a) of the Corporations Act, the regulator alleges. The two firms also failed to disclose that MLC Masterkey Personal Super members had a right to turn ...