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Showing 491 - 500 of 1335 results for "Corporations"

Ongoing fees, advice fees in super to be reformed

ELIZABETH MCARTHUR  |  FRIDAY, 31 JAN 2020
... The draft legislation for recommendation 2.1 will enhance the existing ongoing fee arrangement provisions in the Corporations Act. Under the reforms, advisers would be required to seek annual renewal from clients for all ongoing arrangements and disclose ...

Latest FASEA exam results in

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JAN 2020
... congratulates successful candidates on completing an important component of their education requirements under the Corporations Act," FASEA chief executive Stephen Glenfield said. "Unsuccessful candidates are able to re-sit the exam and these advisers ...

Technology to transform coming decades

ALLY SELBY  |  THURSDAY, 23 JAN 2020
... talent attraction - a currency with high volatility may attract employees who want to take risks for high returns. As corporations that control the currency may also sit on significant customer data, we may see targeted advertising going onto the next ...

Sophistication: More than money

ELIZABETH MCARTHUR  |  TUESDAY, 7 JAN 2020
... each of the previous two years and net assets of at least $2.5 million. That's the same definition prescribed by Corporations Regulations 2001. However, in FASEA's guidance accompanying its Code of Ethics, accounting certificates declaring a person to ...

FASEA responds to concerns

ELIZABETH MCARTHUR  |  FRIDAY, 20 DEC 2019
... stakeholders raised concerns with Standard 3 highlighting that the intention of the Code is inconsistent with the existing Corporations Law which contemplates the ability to manage and/or disclose conflicts rather than not acting where there is a conflict," ...

Google to pay ATO $481.5m

ALLY SELBY  |  THURSDAY, 19 DEC 2019
... including the MAAL and the Diverted Profits Tax (DPT) came into effect in 2016 and 2017 respectively, forcing global corporations with more than $1 billion in profit to pay tax in Australia. "The operation of the MAAL has already seen $7 billion in taxable ...

Westpac to pay $9.5m for Corps Act breaches

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
... During a trial in April 2019, Westpac admitted that, as Sinha's responsible licensee, it had contravened the Corporations Act but contested the exact number of contraventions and the penalty that should be applied. The court found Sinha failed to ...

18 misconceptions about FASEA code

ELIZABETH MCARTHUR  |  THURSDAY, 19 DEC 2019
... confusion, Patterson suggested FASEA might consider limiting the relevant reading to just pertinent sections of the Corporations Act. Patterson refers to himself as "a lawyer with no dog in the race" and blames comments by advice industry bodies and ...

ASIC drags NAB to court for fees-for-no-service

HARRISON WORLEY  |  TUESDAY, 17 DEC 2019
... Commission. The corporate regulator is seeking to find NAB made several thousand contraventions of the ASIC Act and the Corporations Act between December 2013 and February 2019 by engaging in fee-for-no-service conduct by not providing financial planning ...

ASIC takes action against TAL over RC case

HARRISON WORLEY  |  TUESDAY, 17 DEC 2019
... Hayne. The corporate regulator has filed a civil case against TAL, alleging the insurance giant breached the ASIC Act, Corporations Act and Insurance Contracts Acts in avoiding an income protection claim in 2014. According to ASIC's allegations ...