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Showing 411 - 420 of 807 results for "Corporations Act"

Retail super funds in hot water: Royal Commission

KARREN VERGARA  |  MONDAY, 27 AUG 2018
... Commissioner Kenneth Hayne to find that NAB and its two trustees, Nulis Nominees and MLC Nominees, breached the Corporations Act and Superannuation Industry Act with respect to plan service fees (PSF) and adviser service fees charged that rendered no ...

AIOFP slams FASEA proposals, launches petition

KARREN VERGARA  |  MONDAY, 20 AUG 2018
... Investment Advisors Australia. On August 7, the Federal Court found that Linchpin engaged in serious breaches of the Corporations Act and did not have any confidence its directors would act in the interests of the fund operated by Linchpin. The Court ...

Macquarie acquires Investa Office Fund stake

JAMIE WILLIAMSON  |  MONDAY, 13 AUG 2018
... Management has been notified that the Investa Commercial Property Fund, in its own opinion, is not restricted by the Corporations Act from voting on any of the resolutions proposed by the Investa Office Fund in relation to a possible acquisition by Blackstone. ...

Productivity Commission proposes more changes to financial advice

KARREN VERGARA  |  MONDAY, 6 AUG 2018
... but are permitted to provide general credit advice. Financial advisers must be licensed as an adviser under the Corporations Act as well as hold an Australian credit licence (under the National Consumer Credit Protection Act) to be able to provide specific ...

Three attempts at adviser exam is fair: Poll

KARREN VERGARA  |  MONDAY, 23 JUL 2018
... Completion of the exam would take between three and four hours. The content will test advisers' knowledge of the Corporations Act, particularly around financial services and markets (30%) and the FASEA code of ethics (15%). It will also test advisers' ...

FASEA issues adviser exam proposals

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JUL 2018
... proposing tthe Financial Adviser Examination assess the practical application of advisers' knowledge around the Corporations Act, with an emphasis on Chapter 7 - financial services and markets (30%), and the FASEA code of ethics (15%). It will also ...

Advised clients and their most frequently asked questions

KARREN VERGARA  |  MONDAY, 9 JUL 2018
... to producing advice using technology that was invented in 105B.C. - we're in 2018. There is nothing in the Corporations Act or in ASIC regulatory guidance that says we need to provide advice on paper," Marshan said. Despite ASIC declaring itself ...

Super funds countdown to Royal Commission

KARREN VERGARA  |  MONDAY, 9 JUL 2018
... Orr said Select did not voluntarily disclose its mis-selling of insurance to the Commission and breached the Corporations Act in numerous instances. In Kathy Marika's case study, Orr summarised that Select breached the Act when call centre employees ...

Aussie funds to access Asian markets

KANIKA SOOD  |  FRIDAY, 29 JUN 2018
... Australian investors to access regional investment expertise," APIR chief Chris Donohoe said. The bill amends the Corporations Act 2001 to implement the Asia Region Funds Passport. "Further, when accompanied with the CCIV legislation that is currently ...

Statements of Advice: Out with the old

JAMIE WILLIAMSON  |  THURSDAY, 28 JUN 2018
... wedded to producing advice using technology that was invented in 105B.C. - we're in 2018. There is nothing in the Corporations Act or in ASIC regulatory guidance that says we need to provide advice on paper," Marshan said. Despite ASIC declaring itself ...