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Showing 421 - 430 of 3961 results for "Law"

Delaying DBFO imposes 'generational' consequences

MATTHEW WAI  |  THURSDAY, 24 OCT 2024
The Council of Australian Life Insurers (CALI) is urging the federal government to take action on processing the second tranche of its Delivering Better Financial Outcomes (DBFO) package, saying any further delay could result in "generational impacts." ...

Regal indicted for alleged short-selling breach

KARREN VERGARA  |  MONDAY, 21 OCT 2024
... also been indicted," Regal said in a statement. "RFM denies the allegations and is considering its rights under South Korean law. Regal confirms there is no impact on the group's ability to manage client capital." The charge forms part of the Korean ...

Clime shakes up board again

KARREN VERGARA  |  WEDNESDAY, 16 OCT 2024
Clime Investment Management continues to overhaul its board, filling two seats shortly after the sudden exit of three directors last week. Clime announced Henry Davis and its chief investment officer Will Riggall have joined the board following the ...

Property fund management firm loses AFSL

MATTHEW WAI  |  TUESDAY, 15 OCT 2024
ASIC has stripped the Australian financial services licence (AFSL) of Aretean Ltd Pty, trading as Aretean Capital, following the fund manager's failure to comply with its obligations. Aretean Capital boasts assets under management of over $250 million ...

Nobel laureates link economic prosperity to colonialism

JAMIE WILLIAMSON  |  TUESDAY, 15 OCT 2024
... studies of how institutions are formed and affect prosperity." Their research helps explain why societies with a poor rule of law and institutions that exploit the population do not generate growth or change for the better, presenting convincing evidence ...

ASIC seeks $27m penalty against AustralianSuper

ELIZA BAVIN  |  THURSDAY, 10 OCT 2024
ASIC is seeking a major $27 million penalty against AustralianSuper in the Federal Court. ASIC alleges that, for almost 10 years, AustralianSuper failed to have adequate policies and procedures to identify members who held multiple AustralianSuper accounts ...

$3m super tax edges closer to reality

MATTHEW WAI  |  THURSDAY, 10 OCT 2024
The $3 million superannuation tax passed the lower house yesterday afternoon with a majority vote count of 52:9, however attempts to see the tax indexed were shot down. The Treasury Laws Amendment (Better Targeted Superannuation Concessions and Other ...

AMP Advice expands network

MATTHEW WAI  |  THURSDAY, 3 OCT 2024
The advising-arm of AMP continues to expand its network after reporting revenue growth in 1H24. Its advice revenue and revenue per practice have increased 16% and 11.6% respectively on the last quarter, AMP said. In addition, AMP said Melbourne-based ...

Tribel Advisory adopts estate planning solution

KARREN VERGARA  |  THURSDAY, 3 OCT 2024
... and oversee the transfer of wealth in accordance with clients' wishes and at the same time adhere to the full extent of the law. "Too many Australians pass away every year without a will, creating unintentional financial hardship, stress and, all-too-often ...

Federal Court quashes ANZ appeal

KARREN VERGARA  |  THURSDAY, 3 OCT 2024
... billion of the shares were to be acquired by its own underwriters rather than placed with investors. ANZ denies it broke the law, claiming the 25.5 million shares the bank and other joint managers took up were only 0.91% of the total shares on issue ...