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Showing 691 - 700 of 2501 results for "Legal"

AMP sued for charging dead clients

JAMIE WILLIAMSON  |  THURSDAY, 27 MAY 2021
... proceeding because licenced financial services companies need to have robust compliance systems to ensure they meet their legal obligations to customers," ASIC said. "Customers, and their beneficiaries, should have confidence that they will be correctly ...

NAB denies underpaying full-time workers

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
... the FSU does not impact full time colleagues," NAB said in a statement, addressing media reports that the FSU is taking legal action against the bank in the Federal Court. "NAB has identified 3200 current and former colleagues impacted by the part time ...

ASIC cancels AFSLs

ANNABELLE DICKSON  |  TUESDAY, 25 MAY 2021
... ACL if the licensee is no longer providing financial services, ceases to engage in credit activities or fails to meet its legal obligations," ASIC said in a statement. The obligations include lodging statements, auditors reports, compliance certificates ...

SS&C hits back for Mainstream

ANNABELLE DICKSON  |  TUESDAY, 25 MAY 2021
... the $1.7 million break fee. Mainstream is being advised by Miles Advisory Partners as financial adviser and Maddocks as legal adviser and SS&C is being advised by Citi as financial adviser and Gilbert + Tobin as legal adviser. Mainstream's recent ...

Super fund whistleblower policies lacking: ASIC

KANIKA SOOD  |  THURSDAY, 20 MAY 2021
... that superannuation trustees in particular are not making their whistleblower policies publicly available. "While not a legal requirement, we strongly encourage companies and trustees to do this, as the expanded whistleblower protections can now apply ...

Super fund ventures into robo-advice

KARREN VERGARA  |  WEDNESDAY, 19 MAY 2021
A $5 billion superannuation fund is introducing a robo intra-fund advice solution to members. With the help of Link Group's Super Blueprint, legalsuper will offer the digital intra-fund advice to its 43,000 members. The offer builds on an existing partnership ...

Draft advice reforms not enough: FPA

JAMIE WILLIAMSON  |  WEDNESDAY, 19 MAY 2021
... component of any professional framework," he said. De Gori described it as the missing piece of the puzzle. "Similar to the legal, medical or architectural professions, the FPA strongly supports a model in which registration is the personal responsibility ...

Apex ups ante on Mainstream bidding war

ANNABELLE DICKSON  |  WEDNESDAY, 19 MAY 2021
... 4200 people across 46 offices. Mainstream is being advised by Miles Advisory Partners as financial adviser and Maddocks as legal adviser and SS&C is being advised by Citi as financial adviser and Gilbert + Tobin as legal adviser. The superior bid offers ...

FASEA approves two degrees

KARREN VERGARA  |  MONDAY, 17 MAY 2021
... standard," FASEA said. FASEA has also approved the following bridging courses offered by AIM: financial advice regulatory and legal obligations; ethics for professional advisers; and behavioural finance. The courses will be added to a future degree ...

Equip, Catholic appoint acting CIO

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
... Perpetual. "Anna will remain with Togethr Trustees until July, to deliver one of her key responsibilities of finalising the legal successor fund transfer and joint venture between Equip and Catholic Super, which will deliver significant benefits to members," ...