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Showing 541 - 550 of 816 results for "Corporations Act"

Senate report, a turning point for advice industry

LAURA MILLAN  |  THURSDAY, 26 JUN 2014
... associations." Following a long-time request from financial advice associations, it requests an amendment of the Corporations Act 2001 so a person can only use the terms "financial adviser" and "financial planner" if it holds a license to provide personal ...

MDA provider makes debut on ASX

LAURA MILLAN  |  WEDNESDAY, 25 JUN 2014
... unfranked dividend of 0.8 cents per share per quarter for financial year 2015, subject to compliance with the Corporations Act. This would provide shareholders with a 4% yield on the offer price of $0.20 cents per share. The company was established in ...

Government to pass most FoFA changes through regulation

LAURA MILLAN  |  FRIDAY, 20 JUN 2014
... trail commissions for the sale of financial products through general advice. The government will also change the Corporations Act to expand its regulatory powers in relation to conflicted remuneration "to put absolutely beyond doubt how serious the government ...

MDA provider appoints lawyer to senior role

LAURA MILLAN  |  WEDNESDAY, 11 JUN 2014
... "Jillian has worked as a corporate lawyer for over 15 years and she has a deep knowledge and understanding of the Corporations Act and the ASX listing rules, including related-party transactions, capital raising requirements and continuous disclosure ...

FPA reveals 10 point plan to improve advice

LAURA MILLAN  |  FRIDAY, 23 MAY 2014
... in several policy matters regarding financial advice, including enshrining the term financial planner in the Corporations Act. The organisation proposes that the law requires any adviser to be a member of a professional body, that they hold a relevant ...

YBR acquires mortgage aggregator for $17.6 million

ALICE URIBE  |  MONDAY, 19 MAY 2014
... shareholders will be called by mid July 2014 to consider resolutions required under the ASX Listing Rules and the Corporations Act. Completion of the Vow acquisition by YBR is expected to be on 31 July 2014.

CBA, CSSA promote FoFA legal loophole

JAMES FERNYHOUGH  |  MONDAY, 19 MAY 2014
... Corporate Super Specialist Alliance (CSSA), would get around current bans on conflicted remuneration by amending the Corporations Act so that businesses are considered wholesale rather than retail clients. Wholesale clients are not covered by the FoFA ...

CBA wants Senate to fix corporate super advice

LAURA MILLAN  |  MONDAY, 12 MAY 2014
... bank continued. CBA said that the issue could be addressed by modifying the application of section 761G of the Corporations Act 2001, so employers would be treated as wholesale clients for the purposes only of conflicted remuneration. Then, "the employer ...

Lawyer exposes ASIC favours to big players

LAURA MILLAN  |  THURSDAY, 3 APR 2014
... superannuation calculators. "Starting in 2004 IFSA aggressively lobbied ASIC to issue a class order that would amend the Corporations Act so IFSA's members could offer online calculators that would not comply with the act's reasonable basis for advice ...

Industry receives FoFA bill with mixed feelings

LAURA MILLAN  |  THURSDAY, 20 MAR 2014
... supports the removal of the "catch all" definition of the advisers' best interest duty under section 961B(1) of the Corporations Act. "It was undefined and we would have had to wait for a court case to define it," the FPA general manager of policy and ...