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Showing 761 - 770 of 1369 results for "Corporations"

Long way to go on professional standards: FPA

JAMIE WILLIAMSON  |  MONDAY, 28 NOV 2016
... said the industry should prepare itself for debate around the implantation of proposed changes, as outlined in the Corporations Amendment (Professional Standards of Financial Advisers) Bill 2016 introduced to parliament last week. "It's great that we ...

Professional Standards legislation hits parliament

KERRIE SYDEE  |  WEDNESDAY, 23 NOV 2016
... Services, Kelly O'Dwyer has introduced legislation to mandate professional standards for financial advisers. The Corporations Amendment (Professional Standards of Financial Advisers) Bill 2016 includes compulsory education requirements for new and existing ...

CommSec pays $200,000 penalty

KERRIE SYDEE  |  WEDNESDAY, 16 NOV 2016
... The Markets Disciplinary Panel (MDP) had reasonable ground to believe that CommSec broke subsection 798H(1) of the Corporations Act by reason of breaking rules 2.1.3 and 3.3.1 of the ASIC Market Integrity Rules 2010. On 25 March 2014, CommSec received ...

ASIC permanently bans dishonest adviser

KERRIE SYDEE  |  MONDAY, 31 OCT 2016
... advice and engaged in conduct that was likely to mislead. Namely ASIC found that Howard had failed to comply with the Corporations Act in that he used more than $1.8 million of client funds for his own benefit or the benefit of others, including paying ...

Court blocks IOOF class action

JAMIE WILLIAMSON  |  MONDAY, 31 OCT 2016
... allegations came to light, IOOF has been the subject of inquiries from both the Parliamentary Joint Committee on Corporations and Financial Services and ASIC, with ASIC's review resulting in IOOF appointing PricewaterhouseCoopers to conduct an independent ...

Infrastructure critical for super returns

KERRIE SYDEE  |  FRIDAY, 28 OCT 2016
... and living standards. "The key barrier is the lack of greenfield investment by the general government sector and corporations (both public and private)... Industry super funds and their asset managers have plans to invest up to $10 billion dollars over ...

Fed Court winds up unregistered investment scheme

KERRIE SYDEE  |  FRIDAY, 21 OCT 2016
... also disqualified the operators of 21st Century land banking companies, Jamie and Dennis McIntyre, from managing corporations and has banned them from carrying on financial services for a period of 10 years each. While Jamie McIntyre refers to his companies ...

ASIC finds life claim rates wildly inconsistent

ALEX BURKE  |  WEDNESDAY, 12 OCT 2016
... recommend that the exemption for "insurance claims handling" is removed from the financial services provisions of the Corporations Law. This will give ASIC much greater regulatory oversight in the industry. Kell also highlighted strengthening claims ...

ASX responds to CFR regulatory expectations

KERRIE SYDEE  |  WEDNESDAY, 12 OCT 2016
... to be efficient and competitive." The Government noted that it will also amend ASX ownership restrictions in the Corporations Act to make it consistent with other financial sector companies and allow the ASX to be more flexible when raising capital. ...

Super and innovation: a glass half full

DARREN SNYDER  |  MONDAY, 10 OCT 2016
... "That's changing pretty fast and that's a good sign. At the larger end of funding for innovative middle-sized larger corporations the situation is unfolding and getting a fresh look but I'm not sure we know all the answers yet." Ferris said a pragmatic ...