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Showing 31 - 40 of 305 results for "Consent"

ASIC grants no-action on deficient advice fees consent

JAMIE WILLIAMSON  |  FRIDAY, 6 JUN 2025
... a limited no-action position in response to an issue related to the inclusion of account numbers in a client's written consent for the deduction of ongoing advice fees. ASIC is reminding financial advisers and superannuation trustees to ensure they're ...

Former Sydney adviser sentenced to three years

MATTHEW WAI  |  MONDAY, 19 MAY 2025
... created fictitious client file notes allegedly detailing conversations which purported to record some of his clients' consent to his withdrawal of the ad hoc fees. However, ASIC found Valvo's clients had no knowledge of the ad hoc fees, did not sign ...

Reducing super tax cap to $2m 'a concern': FAAA

ELIZA BAVIN  |  FRIDAY, 9 MAY 2025
... the ATO portal; deliver effective Delivering Better Financial Outcomes (DBFO) reforms and implement a standardised fee consent form; instigate a financial services "razor-gang" to cut red tape; and support new entrants to the financial advice profession ...

Labor wins: What super, advice industries want

ELIZA BAVIN  |  MONDAY, 5 MAY 2025
... (CSLR), providing adviser access to the ATO portal, delivering effective DBFO reforms and implement a standardised fee consent form, instigating a financial services razor-gang to cut red tape and supporting new entrants to the financial advice profession. ...

HUB24 sees record quarterly inflows of $4.9bn

ELIZA BAVIN  |  TUESDAY, 15 APR 2025
... EQT migrations over FY24 and FY25 to around $5 billion. Additionally, HUB24 said that during the quarter its advice fee consent capability was updated to allow the option to include or exclude advice fees on a range of investments, which it said provides ...

Non-compete, restraint clauses to be outlawed

JAMIE WILLIAMSON  |  TUESDAY, 25 MAR 2025
... staff from being hired by competitors, and fix wages by capping workers' pay and conditions without their knowledge or consent. Findings from the e61 Institute last year show about one in five firms planned to increase their use of non-competes. Of firms ...

ASIC freezes assets Shield, First Guardian marketer

KARREN VERGARA  |  WEDNESDAY, 19 MAR 2025
... worth $1 billion in places such as Port Douglas, Fiji, and Venice. ASIC said the "court made the orders with Alshakshir's consent" and the "orders are in place until further order." On January 20, ASIC sought travel restriction orders against Alshakshir ...

Advisers grapple with AI, require support: Survey

KARREN VERGARA  |  THURSDAY, 27 FEB 2025
... HUB24 is leveraging their machine learning capabilities and AI models to detect the client signatures in prepopulated PDF consent forms, resulting seamless processing and same-day execution of fee consent submissions." In the last 12 months, HUB24 also ...

Oaktree offers Star $650m lifeline

ELIZA BAVIN  |  TUESDAY, 18 FEB 2025
... subject to numerus conditions, including a comprehensive security package and intercreditor documentation which requires consent from New South Wales and Queensland governments and regulators. In addition, the proposal is subject to completion of due ...

Platforms placate fee consent ordeal: SuitabilityHub

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... have vastly improved their bulk processing capabilities, particularly as financial advisers come to dread the new fee consent renewal process, SuitabilityHub managing director Recep Peker says. This is one of the main findings in SuitabilityHub's 2025 ...