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Showing 881 - 890 of 1894 results for "Determine"

Grandfathered commissions ban unconstitutional: Association

JAMIE WILLIAMSON  |  MONDAY, 4 MAR 2019
A financial advice industry association is looking to take the Government to the High Court over the planned ban on grandfathered commissions, arguing the changes may not be constitutionally valid. The Association of Independently Owned Financial Professionals ...

Wills are an afterthought for the rich: Lawyer

KARREN VERGARA  |  WEDNESDAY, 27 FEB 2019
... witnessed, while the other was never signed. Brock's family members battled it out in the Victorian Supreme Court to determine which will was valid, resulting in "considerable dissipation of estate assets," the law firm said. Australian Unity Trustees ...

'Best in show' a no go: KPMG

JAMIE WILLIAMSON  |  WEDNESDAY, 27 FEB 2019
... further five were discovered to have better performance than first appeared. However, the remaining three funds are yet to determine a course of action but are expected to do so shortly, Byres said. In 2018, KPMG projected the industry would halve via ...

Chief economist update: The Fed has hit neutral

BENJAMIN ONG  |  WEDNESDAY, 27 FEB 2019
The widely-anticipated market moving event this week - US Federal Reserve Chairman Jerome Powell's semi-annual testimony before the Committee on Banking, Housing, and Urban Affairs of the US Senate - turned out to be a bummer. We've seen this ...

KPMG expands advice remediation team

HARRISON WORLEY  |  TUESDAY, 26 FEB 2019
... reviewing customer case files and assessing the appropriateness of financial advice provided. The case assessor would then determine whether or not customers should be remediated, and may be required to contact advisers and customers to fully understand ...

ASIC finalises EU with HSBC

KARREN VERGARA  |  FRIDAY, 22 FEB 2019
ASIC has completed an enforceable undertaking with HSBC Bank Australia and is satisfied the bank met all requirements. HSBC entered the court enforceable undertaking with ASIC on 13 May 2016. The regulator was concerned HSBC provided "potentially deficient ...

More consolidation to come: APRA

JAMIE WILLIAMSON  |  FRIDAY, 22 FEB 2019
... further five were discovered to have better performance than first appeared. However, the remaining three funds are yet to determine a course of action but are expected to do so shortly, Byres said. "Even though APRA has had limited powers to direct ...

ASIC flags post-RC criminal prosecutions

JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
... investigating 12 matters that were presented as case studies during the inquiry and assessing a further 16 case studies to determine whether an investigation is required. This is in addition to the actions already commenced against NAB's Nulis and MLC ...

Accountant banned for bad SMSF advice

HARRISON WORLEY  |  TUESDAY, 19 FEB 2019
A Gold Coast accountant has been banned from providing financial services for three years, after agreeing to a court enforceable undertaking with ASIC. Jenan Oslem Thorne - who also goes by the names Cenan Thorne or Cenan Dikmen - was found by the corporate ...

ASIC appeals Westpac Federal Court decision

JAMIE WILLIAMSON  |  MONDAY, 18 FEB 2019
The corporate regulator is appealing last year's landmark Federal Court decision, determined to prove two Westpac subsidiaries provided personal financial advice despite not being licensed to do so. In December 2018, Justice Jacqueline Gleeson determined ...