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Showing 961 - 970 of 3918 results for "law"

Former Macquarie chief to head ASIC, APRA regulator

ANNABELLE DICKSON  |  FRIDAY, 10 SEP 2021
The former chief executive of Macquarie has been named as chair of the authority which will review the effectiveness and capability of both ASIC and APRA. Treasurer Josh Frydenberg announced that Nicholas Moore will chair the Financial Regulator Assessment ...

Breach reporting guidance released

KARREN VERGARA  |  WEDNESDAY, 8 SEP 2021
... released more details on how financial advisers providing advice to retail clients can comply with the upcoming breach reporting law. Information sheet 259 Complying with the notify, investigate and remediate obligations sets out further guidance on ...

AustralianSuper skewers draft disclosure laws

JAMIE WILLIAMSON  |  MONDAY, 6 SEP 2021
The draft legislation on superannuation portfolio holdings disclosure is not in the best financial interests of members and only stands to serve rival fund managers to whom the reforms don't apply, according to AustralianSuper. In its submission to ...

Family law super reform passes

ANNABELLE DICKSON  |  FRIDAY, 3 SEP 2021
The government has passed legislation intended to prevent individuals from hiding superannuation assets in family law proceedings. Treasury Laws Amendment (2021 Measure No. 6) Bill 2021 (Schedule 5) allows the ATO to share information when an individual ...

ASIC to watch member shunting to untested super products

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
... distribution obligations but we've also got new anti-hawking laws coming into force. And as well there was some recent law about...where the boundaries of providing general advice is. So, to the extent that you're trying to really influence people ...

Should super funds consider crypto assets?

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
Superannuation funds that dismiss crypto assets are at risk of underperforming, the AIST ASI Conference has heard. This is according to Genesis Block managing director Chloe White, who spoke at an Australian Institute of Superannuation Trustees 2021 ...

Responsible investment sector hits $1.2tn

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 SEP 2021
... social license of the responsible investment industry, and there is also a small risk that they could break Australian consumer law, which doesn't explicitly cover the financial services sector but can be taken across that." The report shows that just ...

FASEA exam pass rate drops

KARREN VERGARA  |  WEDNESDAY, 1 SEP 2021
... approved following bridging courses offered by Victoria University: BAO7008 Financial Advice, Corporations and Commercial Law; BAO7005 Professionalism and Ethics: and BAO7007 Behavioural Finance for Financial Advisers.

ASIC red tape unit welcomed

ANNABELLE DICKSON  |  WEDNESDAY, 1 SEP 2021
... and consumers. The red tape unit will be responsible for identifying and implementing changes to how ASIC administers the law and will streamline stakeholder interaction. "I want all Australian households to have access to affordable, high quality financial ...

Lockdowns see uptick in advice seekers

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
New figures have revealed that Australian families are feeling the pressure of lockdowns, with more enquiries about divorce and an increase in those seeking financial advice. The figures come from The Separation Guide, a service which brings together ...