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Showing 381 - 390 of 561 results for "CEA"

Conflicted SMSF auditor disqualified

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2018
A self-managed superannuation fund auditor found to be in breach of basic independence rules was disqualified by ASIC. Robert Mark Taylor was disqualified for breaching auditor independence requirements outlined in APES 110 Code of Ethics for Professional ...

ASIC seeks Deloitte to liquidate SMSF business

ALEX BURKE  |  TUESDAY, 27 FEB 2018
ASIC applied to the Federal Court to appoint a Deloitte partner to liquidate a Perth-based self-managed super fund business. The regulator commenced proceedings against Superfunded - along with sole director Max Goldenberg and sole shareholder Mark ...

Tax adviser registrations swell

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2018
The total number of registered tax (financial) advisers has returned to 19,000, despite 6000 failing to renew their registration by the end of 2015. According to the Tax Practitioners Board, about 13,000 of the 19,000 registered tax (financial) advisers ...

Best interest duty failures lead to EU

JAMIE WILLIAMSON  |  MONDAY, 19 FEB 2018
The director of a financial services firm is excluded from the industry for five years after failing to comply with best interests obligations when consolidating clients' superannuation. ASIC has accepted an enforceable undertaking from David Orth ...

Court fines advice firm $7.8m

KARREN VERGARA  |  FRIDAY, 9 FEB 2018
The Federal Court has banned financial advice firm Wealth and Risk Management (WRM) and its related companies from operating in financial services for 18 years, and ordered the group to pay $7.8 million for engaging in unconscionable conduct. The court ...

HLB Mann Judd revises AFSL

JAMIE WILLIAMSON  |  THURSDAY, 18 JAN 2018
A division of financial services firm HLB Mann Judd can no longer provide independent expert advice under an agreement with ASIC. The corporate regulator has accepted a voluntary variation of the AFSL held by HLB Mann Judd Melbourne's corporate finance ...

Industry fund pilots cancer wellness program

KARREN VERGARA  |  THURSDAY, 11 JAN 2018
A $50 billion industry superannuation fund is piloting a program launched by AIA Australia that helps members affected by cancer transition back to health. AIA Australia's RESTORE CaRe Positivum program is currently being trialled by 100 REST Industry ...

Leading tech company farewells NZX

JAMIE WILLIAMSON  |  TUESDAY, 9 JAN 2018
A global cloud accounting software provider has provided clarification as to when it intends to delist from the New Zealand Stock Exchange. In a statement to the ASX, Xero has confirmed that the final day of trading for Xero on the NZX will be Wednesday ...

J.P. Morgan winds up global equities fund

ALEX BURKE  |  TUESDAY, 9 JAN 2018
J.P. Morgan has requested the responsible entity of one of its global equity products to terminate the fund and distribute net proceeds to unitholders. The JPMorgan Global Income Fund was launched in December 2013 and, based on Rainmaker data, had about ...

Super life code released

KARREN VERGARA  |  MONDAY, 18 DEC 2017
The Insurance in Superannuation Working Group is urging superannuation trustees to sign up to its voluntary life insurance code of practice, which will come into effect 1 July 2018. To eschew account balance erosion, super trustees under the code will ...