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Showing 701 - 710 of 4546 results for "October"

ASIC consults on sunsetting class orders

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2023
... entity ; and Class Order [CO 13/656] Equality of treatment impacting on the acquisition of interests are due to sunset on October 1. Class Order [CO 13/519] modifies the requirements for members to initiate a change of RE of a listed scheme. It clarifies ...

New relief for reissued life policies

KARREN VERGARA  |  MONDAY, 20 MAR 2023
... reissued. The conditional relief pertains to Design and Distribution Obligations for financial products issued before 5 October 2021 (when the DDO came into effect), except where the policy is reissued to correct an administrative error or reinstate ...

Advice group chief fakes exam result, banned

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2023
... who were listed as current financial advisers on the FAR despite not having passed the FA Exam by 1 January 2022 (or 1 October 2022 where the financial adviser qualified for the extension)," ASIC said. "As a result of this proactive review, the relevant ...

CALI hires policy director from FPA

KARREN VERGARA  |  TUESDAY, 14 MAR 2023
... reputation as the head of the Royal Commission between 2018 and 2021. CALI launched in late 2022, appointing Cupitt in October to take the reins of the fledgling organisation, which aims to be the progressive voice for life insurance in Australia. Cupitt ...

Court fines ANZ for dodgy introducer program

KARREN VERGARA  |  MONDAY, 13 MAR 2023
... fraudulent." ANZ joins National Australia Bank, which was ordered to pay $15 million in penalties for similar misconduct. In October 2020, the Federal Court found that NAB breached the National Consumer Credit Protection Act by using introducers who ...

RF Corval secures industrial facility, eyes more

CHLOE WALKER  |  FRIDAY, 10 MAR 2023
... by CPF, following the acquisition of a industrial warehousing and manufacturing facility in Crestmead, Queensland, in October last year. The two acquisitions and an interest in eight previously established RF Corval syndicate trusts take the CPF investment ...

FPA voices concern on proposed CSLR, FAR laws

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
... gaps and potential areas for improvement. The review was announced as part of the government's first federal budget in October 2022, receiving strong support at the time. Treasury stated that MIS's being brought under the remit of the CSLR would not ...

Review of managed investment schemes kicks off

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2023
... possible areas for improvement. The review was announced as part of the Albanese government's first federal budget in October 2022 and received strong support at the time. Yesterday, minister for financial services Stephen Jones said it's the ...

Yarra Capital awards admin, custody mandate

CHLOE WALKER  |  THURSDAY, 23 FEB 2023
... Management to support its new $100 million private capital fund. The Yarra Private Capital Discovery Fund, launched in October last year, is a diversified portfolio of holdings in high growth potential, unlisted companies that have an intention to go ...

Advice group convicted of hawking

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2023
... The charges brought against National Advice Solutions relate to the anti-hawking provisions that existed prior to the October 2021 reforms. Under the reforms, hawking in relation to superannuation products is banned, however hawking in relation to financial ...