Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 881 - 890 of 3918 results for "law"

Bell Financial Group in AUSTRAC probe

JAMIE WILLIAMSON  |  THURSDAY, 17 FEB 2022
... responsibility to ensure they devote the necessary resources and processes to comply with their AML/CTF obligations under the law," she said. "We will continue to work closely with Bell Financial Group to address any compliance concerns, and take action ...

Australian Unity Trustees adds lawyer

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 FEB 2022
... corporate development roles at firms including Clayton Utz, Lander & Rogers and most recently was at AMP Advice as head of its Law Sector business. Australian Unity Trustees executive general manager, trustee Alex Madsen commented on the appointment. ...

FSCP panel members named

CHLOE WALKER  |  TUESDAY, 15 FEB 2022
... across the fields of business, administration of companies, financial markets, financial products and financial services, law, economics, accounting, taxation and credit activities and credit services," Hume said. "Financial advisers' misconduct ...

CDPP dumps ANZ cartel case

KARREN VERGARA  |  MONDAY, 14 FEB 2022
... conduct and referred the evidence to the CDPP. The Office of the CDPP assessed the evidence very carefully and as required by law, made an independent decision to prosecute based at all times on an application of the Prosecution Policy of the Commonwealth," ...

$450 super threshold scrapped

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
In a long-awaited move, the government has scrapped the $450 superannuation guarantee threshold, making about 300,000 people eligible for super contributions. The bill to remove the monthly income threshold was passed in Parliament yesterday, alongside ...

Proxy advice reforms defeated

RACHEL ALEMBAKIS  |  FRIDAY, 11 FEB 2022
The Senate has overturned proxy advice reforms announced at the end of last year, three days after the new regime had begun. On a vote of 29 votes to 25, the Senate disallowed the new regulations that were announced by Treasurer Josh Frydenberg in December ...

Rainy day funds probed

ELIZABETH MCARTHUR  |  FRIDAY, 11 FEB 2022
... to use member funds to buy the insurance that would pay out on those liabilities," Donald said. "I want to stress that the law in this area is very complicated, and it is not at all clear that the outcomes you want would be achieved in all situations. ...

RI Advice slapped with $6m penalty

KARREN VERGARA  |  FRIDAY, 4 FEB 2022
... approaching retirement. "RI Advice should have been properly monitoring Mr Doyle's advice to ensure he was complying with the law," she said. "'The $6 million penalty handed down by the Court against RI Advice sends a strong message to financial ...

Synchron appoints compliance lead

ELIZABETH MCARTHUR  |  FRIDAY, 4 FEB 2022
... Synchron director Don Trapnell said. Osborne holds Masters' qualifications in both commerce (majoring in financial planning) and law (majoring in enterprise governance). He also holds the Certified Financial Planner (CFP) designation and has been a director ...

Consumer advocates criticise advice review

ELIZABETH MCARTHUR  |  THURSDAY, 3 FEB 2022
The Consumer Action Law Centre has concerns that the Quality of Advice Review draft terms of references forget Commissioner Hayne's findings on conflicted remuneration. In the centre's submission on the review's draft terms of references, it argued ...