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Showing 791 - 800 of 3918 results for "Law"

Final Royal Commission reforms to be tabled, YFYS review begins

JAMIE WILLIAMSON  |  WEDNESDAY, 7 SEP 2022
The final raft of legislative reform resulting from the Royal Commission will be introduced to parliament this week and consultation on the review of the Your Future, Your Super regime has commenced, minister for financial services Stephen Jones confirmed ...

New Forests launches new division, appoints team

CASSANDRA BALDINI  |  TUESDAY, 6 SEP 2022
New Forests Asset Management announced the formation of New Agriculture and the appointment of four investment professionals to the team. New Agriculture has been established to build a portfolio of agriculture assets globally, starting in Australia ...

Insurers are 'fishing' for non-disclosures: ASIC

ANDREW MCKEAN  |  FRIDAY, 2 SEP 2022
... the declarations sought set an important legal precedent and will act as a deterrent against similar conduct. As part of the law reforms following the recommendations of the Royal Commission, the existing duty of disclosure in s21A and s21B of the Insurance ...

Crescent Wealth names chief operating officer

CASSANDRA BALDINI  |  THURSDAY, 1 SEP 2022
... assets under management to $5 billion over the next five years. "As a marketing and operations leader and with a background in law, Rachel has an in-depth knowledge of the Australian and global financial services ecosystem," he said. "Her focus is on ...

Latest adviser exams see 52% pass rate

JAMIE WILLIAMSON  |  THURSDAY, 1 SEP 2022
... personal advice. However, if an advisers' licensee does not cease their authorisation by September 30, it will be ceased by law and the adviser will be required to pass the exam, obtain an approved degree, and complete a professional year in order to ...

ASIC issues warning over brokers' high-risk offers

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
ASIC has told brokers to be careful about or to reconsider offering high-risk products and services to retail investors as an increasing number offer securities trading. ASIC said it has seen increased instances of brokers offering securities trading ...

Perth Mint faces AUSTRAC probe

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
The Perth Mint is the subject of an AUSTRAC investigation into compliance with anti-money laundering laws. The financial crimes regulator has ordered the appointment of an external auditor to Gold Corporation, which trades as The Perth Mint, to assess ...

Focus on providing 'good advice': QAR draft proposals

JAMIE WILLIAMSON, CASSANDRA BALDINI  |  MONDAY, 29 AUG 2022
... role, Levy explained a large amount of feedback on ASIC was received and that many people interpret ASIC's guidance as the law. "Whether or not this is a fair view of ASIC, the view influences behaviour in ways that are not necessarily consistent ...

MobiSuper, licensee to pay $250k penalty

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
... and having other existing super accounts rolled into it, and also failed to provide any Statements of Advice as required by law. This judgment follows a previous decision by the Federal Court in mid-2021 that Tidswell Financial Services, as MobiSuper's ...

ASIC capability review released

CASSANDRA BALDINI  |  FRIDAY, 26 AUG 2022
... assess itself continually and identify opportunities for improvement, without compromising its role to apply and enforce the law," it said. The regulator responded by commenting that it welcomed the report and its chair Joe Longo said: "We need to keep ...