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Showing 511 - 520 of 3918 results for "law"

ASIC takes further action on Prospero

KARREN VERGARA  |  MONDAY, 4 MAR 2024
ASIC is pushing for Prospero Markets to be wound up following revelations that it was linked to one of Australia's biggest-ever money-laundering operations. Former officers and responsible managers of over-the-counter (OTC) derivatives issuer Prospero ...

Bloom Impact, MSC pulled up for greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 29 FEB 2024
... external legal advice throughout the ASIC investigation. We confirm that MSC maintains there has been no contravention of the law." "Despite this, MSC has paid the infringement notice in order to bring this matter to a conclusion. ASIC's inquiries and ...

Major decline in group insurance coverage: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 28 FEB 2024
The Association of Superannuation Funds of Australia (ASFA) has reported a sharp decline in group insurance coverage, pointing the finger at recent reforms. ASFA research indicates that the implementation of the Protecting Your Super (PYS) and Putting ...

DASS settlement pending court approval, victims urged to claim

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... a template that summarises the core issues and principles that can be applied to a batch of similar cases. Melbourne-based law firm Mackay Chapman said that there are approximately 2550 DASS self-managed super fund (SMSF) clients who have not yet lodged ...

Fidelity launches global bond fund

CHLOE WALKER  |  WEDNESDAY, 28 FEB 2024
Fidelity International has launched the Fidelity Global Bond Fund, offering investors a broad and diversified exposure to global bond markets. The fund invests mainly in investment-grade global sovereign and corporate bonds but also provides exposure ...

Canna Campbell slapped with $114k legal bill

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... "financial advice" and her corporation was liable (not her personally) - were not supported by the facts or the clearly established law," she said. Justice Manousaridis expressed concern that Campbell continued to infringe the trademark after she made ...

Bragg calls for another Financial System Inquiry, critiques ASIC, APRA

ANDREW MCKEAN  |  FRIDAY, 23 FEB 2024
... Emphasising the urgency of an inquiry, Bragg alleged that ASIC has deviated from its sole mandate to enforce Australia's corporate law. "ASIC says its enforcement record is stronger than ever, on the basis that they have had courts impose over $500 million ...

How advisers protect themselves from 'rogue' clients

KARREN VERGARA  |  FRIDAY, 23 FEB 2024
... should not overlook simple yet powerful strategies when it comes to protecting themselves from "rogue" clients, according to a law expert. Peter Bobbin, a consultant lawyer at Sydney-based Bobbin Lawyers, highlighted several methods advisers can use ...

How will Division 296 Tax impact farmers?

CHLOE WALKER  |  THURSDAY, 22 FEB 2024
... advisers with farming clients, Timms said it is important to understand the nuances of Division 296 Tax, alongside property law, trust law, GST, and varying tax rules specific to farmland. "This, accompanied with the ability to manage family conflict ...

New caps can increase super contributions: SMSFA

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... super. Burgess told the SMSFA National Conference that the proposed 30% taxation on $3 million super balances could become law by June 30 this year. "The only questions that remains is whether the government's proposal not to index the cap and to ...