Search Results | Showing 71 - 80 of 425 results for "SARA" |
| | The Federal Court found AMP guilty of charging deceased customers life insurance premiums and advice fees, ordering it to pay $24 million in penalties. Justice Hespe today determined that four AMP subsidiaries - AMP Life, AMP Financial Planning, AMP ... |
| | | As adviser numbers drop below 16,000, the Financial Advice Association Australia (FAAA) is ramping up its initiatives to curb the attrition rate and meet the soaring demand for advice. The FAAA's chief executive Sarah Abood, who spoke at the newly merged ... |
| | | The regulator has started civil proceedings in the Federal Court against the insurer after alleging it issued three types of insurance policies containing unfair and misleading contract terms. ASIC said the case involves standard form contracts issued ... |
| | | Ahead of formally integrating Credit Suisse, UBS unveiled its intended operating model and leadership team. With the deal expected to close in a matter of weeks, UBS explained it intends to keep the companies and brands separate. It explained each institution ... |
| | | Stakeholder responses to the federal budget are mixed at best, with many believing key measures require further consideration and consultation. Perhaps the measure that will most impact the financial services industry, the government remained firm in ... |
| | | The federal government provided clarity on the Non-Arm's Length Income (NALI) provisions related to expenditure incurred by superannuation funds - however, the industry says it requires further consideration. In last night's budget, the government ... |
| | | Only two years on from its creation, the government is cutting the Financial Regulator Assessment Authority's funding, in a move that will see it only review the activities of ASIC and APRA every five years. The Authority, which commenced 1 July 2021 ... |
| | | Former Courtenay House Investments contractor and promoter Athan Papoulias has been sentenced to two years' jail time for his role in the unlicensed financial services business. As part of his sentence, Papoulias will also complete 120 hours of community ... |
| | | The Financial Advice Association Australia (FAAA) has supported the government's experienced adviser pathway proposal, though suggests the measure be better targeted. The proposal, opened to consultation last month, seeks to clarify the educational ... |
| | | A finfluencer who used social media to manipulate the share price of 20 different listed stocks was handed jail time and a $40,000 fine. Gabriel Govinda, known online as Fibonarchery, received two and a half years imprisonment for market manipulation ... |
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