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| | | As the price of metal goes up, professional investors around the world are set to boost allocations to gold and gold miners, according to new research by mining company Tresor Gold. The research collated in April surveyed investors responsible for $307.5 ... |
| | | | ... fails, funds are to consider divestment. All such actions are understood to be permitted and arguably required by Australian law particularly in circumstances where Santos' growth strategy has been described by analysts as financially reckless." Further ... |
| | | | To avoid disincentivising Australians saving more for retirement, the Financial Advice Association Australia (FAAA) urges the federal government to decrease the proposed 30% tax rate for superannuation balances that exceed $3 million. This is in response ... |
| | | | ... the education standards for technical reasons," Treasury said. For advisers that are registered tax agents, under the new law, they will no longer be required to meet the additional education requirements to be a qualified tax relevant provider. The ... |
| | | | ... "Anyone who recommends financial products or provides financial advice on social media must ensure they are complying with the law and may face ASIC enforcement action when they are not," she said. "Financial services laws exist for the protection of ... |
| | | | ... Partners financial adviser was permanently banned by ASIC after it was determined he was not competent and likely to breach the law again. It followed an investigation that found he, among other things, accepted unlawful commissions and didn't disclose ... |
| | | | The SMSF Association is concerned over proposed laws that will impact franking credits for distributions funded by capital raisings. In a submission to the Senate Economics Committee, due to report on May 26, the SMSF Association said that amendments ... |
| | | | ... Joe Longo said it is "critically important that AFS licensees classify retail and wholesale clients in accordance with the law". "Retail clients trading in crypto derivatives are afforded important rights and consumer protections under financial services ... |
| | | | ... businesses that their lies will catch up to them, and this Office will hold them accountable for putting their greed above the law," US Attorney Damian Williams said. |
| | | | ... compliance plan, obtained member approval for related party loans, or issued product disclosure statements that complied with law. They also failed to exercise care and diligence, and did not act in the best interests of members of the Investport Income ... |
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