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Showing 801 - 810 of 2532 results for "Legal"

Link takeover heats up

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
... confidentiality agreement. Yesterday, Link said it will consider SS&C's proposal and obtain advice from its financial and legal advisers. "Shareholders do not need to take any action in relation to the SS&C Proposal. It should be noted that there ...

ASIC to improve default insurance

KARREN VERGARA  |  FRIDAY, 4 DEC 2020
... that there are vast areas of improvements. ASIC commissioner Danielle Press warned that trustees "may be contravening their legal obligations if they fail to ensure that insurance premiums charged to members are based on appropriate statistical assumptions." ...

New multifamily real estate fund

KANIKA SOOD  |  MONDAY, 30 NOV 2020
... three assets in Nashville, Tennessee and Phoenix. It includes multifamily assets with separate dwellings held on a single legal title. It is the fourth fund in the multifamily offering, and is being marketed to Australian, Asian and US investors who ...

FASEA reveals October exam results

KARREN VERGARA  |  THURSDAY, 26 NOV 2020
... the exam with nine in 10 demonstrating they have the skills to apply their knowledge of advice construction, ethics and legal requirements to the practical scenarios tested in the exam," he said. Some question areas advisers underperformed in the October ...

ASIC takes SMSF accountant to court

ANNABELLE DICKSON  |  TUESDAY, 24 NOV 2020
The Australian Securities and Investments Commission (ASIC) has commenced legal proceedings in the Federal Court against a Gold Coast-based SMSF accountant for failing to comply with an enforceable undertaking. Jenan Oslem Thorne, otherwise known as ...

Pinnacle boutique wins super fund mandate

KANIKA SOOD  |  MONDAY, 23 NOV 2020
An industry fund has awarded $170 million to an emerging markets strategy from Pinnacle's latest boutique partner. Aikya Investment Management will manage the amount in its global emerging markets strategy for legalsuper, which has been revising ...

Macquarie to offer private market solutions

KARREN VERGARA  |  FRIDAY, 20 NOV 2020
... private real assets strategies. Private markets have been out of reach for sophisticated investors due to a complex mix of legal and structural limitations, including large minimums, fees, retirement plan ineligibility, cumbersome tax reporting, cash ...

Responsible entity fined $2m

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... message to other responsible entities, as well as to those entrusted to act as gatekeepers, to ensure they comply with their legal obligations." "ASIC will take action to hold gatekeepers to account." In total, between 20 May 2016 to 30 April 2018, $16,749,974 ...

Court rules insurers to cover COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 19 NOV 2020
... Council of Australia (ICA) defended the case and has said it will appeal. "The ICA, in consultation with its members and legal representatives, will urgently review the determination and specifically the grounds on which it could seek special leave to ...

Shipton's tax bill under scrutiny

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 NOV 2020
... completely clear at the point of recruitment, rather than left hanging for later. Liberal MP Jason Falinski asked about the legal advice ASIC sought in the year between the ANAO first raising the issue and next raising the issue. He wondered whether ...