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Showing 21 - 30 of 72 results for "Law Reform"

ALRC should prioritise advice regulations: FPA

CASSANDRA BALDINI | THURSDAY, 8 DEC 2022

The Financial Planning Association of Australia (FPA) has said the Australian Law Reform Commission (ALRC) should prioritise advice regulations in its ongoing review of financial services law. In its latest submission to the ALRC review of the Legislative ...

Chuck out Chapter 7: Broome

CHLOE WALKER | THURSDAY, 24 NOV 2022

... the Corporations Act is the only way to move forward. The Act is currently the subject of a review by the Australian Law Reform Commission. Moving forward, Ripoll said that he would like to see that the financial planning industry collectively deal with ...

Never been more optimistic: Abood

CASSANDRA BALDINI | WEDNESDAY, 23 NOV 2022

... consulting on ways to improve the adviser exam and bringing more flexibility to the education standards. The Australian Law Reform Commission is working to clear a path through that maze that is the Corporations Act, and all of the many associated regulations," ...

ASIC probes super fund, investment manager greenwashing

RACHEL ALEMBAKIS | FRIDAY, 4 NOV 2022

... existing laws, including identifying greenwashing targets for enforcement action; contributing to proposed domestic law reform and guidance, "informed by our engagement with international and domestic stakeholders," and planning for the future "by further ...

Throw out financial services law clutter: ALRC

ANDREW MCKEAN | WEDNESDAY, 5 OCT 2022

The Australian Law Reform Commission's (ALRC) second interim report to reduce complexity in financial services legislation proposes an alternative model that's more coherent and principled, and "embraces minimalism." The ALRC's proposed legislative ...

Insurers are 'fishing' for non-disclosures: ASIC

ANDREW MCKEAN | FRIDAY, 2 SEP 2022

An ASIC review of individual disability income insurance claims has determined that more work is needed by insurers to ensure customers are protected from unfair practices. ASIC has longstanding concerns about the potential consumer harm resulting from ...

ASIC highlights strategic priorities

CASSANDRA BALDINI | TUESDAY, 23 AUG 2022

ASIC has released its corporate plan, outlining strategic priorities and its course of action for the next four years, with a particular focus on the retirement sector. The regulator highlighted four strategic priorities. One of its primary focuses ...

APRA 'digging into' super fund contributions to unions

ANDREW MCKEAN | WEDNESDAY, 13 APR 2022

... becoming the biggest political donors in the country. This is a disgrace." After pleas for significant superannuation law reform, Bragg last week questioned key APRA executive board members about potential investigations and enforcement actions. In Senate ...

Colonial First State settles super class action for $56.3m

ELIZABETH MCARTHUR | MONDAY, 4 APR 2022

Colonial First State has settled a class action brought on behalf of approximately 100,000 super fund members who were allegedly rorted on fees. The class action alleged that CFS deliberately delayed transferring super fund members to the cheaper MySuper ...

TAA calls for prudent pace for reforms

KARREN VERGARA | TUESDAY, 8 MAR 2022

... wait for the outcome of the Quality of Advice Review before it introduces more changes as espoused by the Australian Law Reform Commission. "Let's look very closely at the potential impact of any changes on consumers, advisers and other stakeholders ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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