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| | | ... seeing more parents and grandparents use investment bonds as a structured way to build wealth for the next generation, whether that's helping their kids with home deposits, supporting education or funding other major life expenses," Glinac said. ... |
| | | | ... proposes changes to how overseas entities should be licensed. This is so it reflects the legislation "for determining whether 'a financial market has a material connection with this jurisdiction', as introduced by the FMI reforms," ASIC said. ... |
| | | | ... including how it sources new clients, the types of advice it provides, how it is typically delivered and paid for, and whether any referral partnerships are in place. It should also look into whether the licensee maintains adequate procedures and controls ... |
| | | | ... since last year (68.9). But the rising cost of living continues to impact lifestyle, financial security, and confidence in whether money will last. The top priority for close to half (44%) is to have enough money to enjoy retirement, with nearly four ... |
| | | | ... interests over land (regardless of how a state law or territory law treats the interest), things fixed or installed on land, whether or not they are treated another way under state and territory law or general law, and leases and licences over such assets," ... |
| | | | ... Financial Planning might mean for its creditors are "unfounded", while also saying it is working with ASX to determine whether shareholders are required to approve the transaction. Earlier this week ASIC applied to the Federal Court to have receivers ... |
| | | | ... decision that isn't in their best interests. "There's a real argument that we're going to look into in detail as to whether or not they should be covered by AFSL licences [sic] or the financial sector law in particular. And there's a good ... |
| | | | ... person, and is an insolvent under administration. Godfrey is prohibited from providing any financial services; controlling, whether alone or in concert with one or more other entities, an entity that carries on a financial services business, and performing ... |
| | | | ... periods to allow the Div 296 liability to be assessed progressively. Meanwhile, the regulations failed to clearly state whether the actuary is expected to certify a final dollar amount, a percentage, or an attribution methodology, IFPA said, advising ... |
| | | | ... Interprac representatives to invest in the failed funds. ASIC said a receiver must be appointed to investigate and report on whether the deal made between Sequoia and Conquest is "bona fide, fair and reasonable", and report on Interprac's financial ... |
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