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Showing 521 - 530 of 2501 results for "Legal"

ASIC updates remediation rules

CHLOE WALKER  |  TUESDAY, 27 SEP 2022
... and industry stakeholder s. The updated guide provides a clear direction on remediations and is underpinned by licensees' legal obligation to operate efficiently, honestly and fairly, the regulator said. Specifically, the updated RG 277 clarifies the ...

The untold story of adviser education

ANDREW MCKEAN  |  THURSDAY, 22 SEP 2022
... constituted 35% of the cohort in 2022, up from 19% in 2019. Continuing, Knight explained the bridging and capstone pass rates of legal, ethics, super and client engagement subjects. The pass rates of these subjects ranged from 96% to 89%. "The feedback ...

Research explores advice industry's maturation

ANDREW MCKEAN  |  TUESDAY, 20 SEP 2022
... as a basis for navigation and decision making," Neilson said. He said that the introduction of mandated ethical codes and legal requirements to act in the client's best interest had a large impact on the progress towards professional recognition. Interestingly ...

Mawhinney ban overturned, to face retrial

JAMIE WILLIAMSON  |  THURSDAY, 15 SEP 2022
... noteholders who have had their lives turned upside down by ASIC's misguided enforcement actions," he said. Mawhinney said his legal team has commenced work to contest the case in the High Court, rather than have it remitted back to the lower cour ...

Atlas Arteria ignores IFM opposition to latest deal

JAMIE WILLIAMSON, ANDREW MCKEAN  |  TUESDAY, 13 SEP 2022
... investment that was dilutive to distributions. "If the company continues with this course of action, IFM GIF will consider all legal options available to it, including seeking an accelerated board transition by way of an EGM, to protect its interests ...

ACCC approves Dye & Durham, Link deal

JAMIE WILLIAMSON  |  FRIDAY, 9 SEP 2022
... & Durham divests its existing Australian businesses. Dye & Durham offers information broking services, conveyancing and legal practice software. Through its acquisition of Link, it would own 42.77% of PEXA Group, raising significant competition concerns. ...

Insurers are 'fishing' for non-disclosures: ASIC

ANDREW MCKEAN  |  FRIDAY, 2 SEP 2022
... subject of ASIC's Federal Court action against TAL. However, ASIC considers that the declarations sought set an important legal precedent and will act as a deterrent against similar conduct. As part of the law reforms following the recommendations of ...

Legalsuper launches new member portal

CHLOE WALKER  |  WEDNESDAY, 31 AUG 2022
The industry super fund has teamed up with Link Group to create a new cloud-based online portal, using real-time data to connect with members. The MemberAccess platform delivers on legalsuper's commitment to provide members with "the best online ...

MobiSuper, licensee to pay $250k penalty

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
... Sarah Court said ASIC took on this case because of concerns that personal advice was being provided without the relevant legal protections, and consumers were being misled into moving their superannuation to MobiSuper. "This practice was not focussed ...

Will big super's unlisted investments amplify retirement savings?

ANDREW MCKEAN  |  WEDNESDAY, 24 AUG 2022
... unlisted Australian businesses and infrastructure offered significant advantages. "These include a familiar and simpler tax and legal framework, lower management costs, franking credits, reduced currency risk, lower geopolitical risks, and the benefits ...