Search ResultsShowing 1 - 10 of 61 results for "High Court"
Grandfathering phase out tussle continues
ELIZABETH MCARTHUR  |  FRIDAY, 22 NOV 2019
... of product failure that has been unfairly blamed on the advice community," Johnston said. The AIOFP is mounting a High Court challenge against the banning of grandfathered remuneration. "We think it is too heavy handed to be shutting down grandfathered ...
ASIC using intimidation tactics on grandfathering: AIOFP
ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
... around intimidating fund managers will have to be retrospectively paid back." The AIOFP is currently fund raising for a High Court challenge to the banning of grandfathered commissions. The bill banning grandfathered commissions on investment and superannuation ...
Dealer group to fight grandfathered commissions ban
ELIZABETH MCARTHUR  |  FRIDAY, 13 SEP 2019
... advice and lower consumer access. "Our industry is at a critical crossroads. The outcome of this challenge in the High Court of Australia will affect the industry for years to come," Ardino said. "We believe we should be doing as much as we can to ensure ...
Pension fund to buy British Steel
KANIKA SOOD  |  TUESDAY, 27 AUG 2019
... purchase of the whole business and I am now focusing on finalising the sale," the official receiver appointed by the high court in May at British Steel's compulsory liquidation said. "I will be looking to conclude this process in the coming weeks, during ...
SMSF Association patron steps down
KRISTI CHENG  |  WEDNESDAY, 21 AUG 2019
... AO has stepped down as patron of the SMSF Association. Costello assumed the role in August 2017, succeeding former High Court chief justice Sir Anthony Mason. He has resigned for personal reasons. Speaking on behalf of the board, chair Deborah Ralston ...
Law Council chides ASIC
HARRISON WORLEY  |  TUESDAY, 11 JUN 2019
... part of our business is litigating, it doesn't interrupt our business model. We will fight it all the way to the High Court if we need to." However, the Law Council was unimpressed with Crennan's comments and said it was concerning to see ASIC ...
ASIC outlines enforcement efforts
ELIZABETH MCARTHUR  |  WEDNESDAY, 10 APR 2019
... year there were 15 criminal and 66 civil financial services related matters with no resolution. ASIC appeared in the High Court to bring a case against APCHL, an entity of Prime Trust, which owed investors $550 million upon its collapse. ASIC sought ...
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 ...
DomaCom concludes Federal Court action
KARREN VERGARA  |  TUESDAY, 25 SEP 2018
... a milestone for the SMSF industry. DomaCom said the Australian Tax Office had until 7 September 2018 to appeal the High Court's decision. "Our lawyers have advised no such appeal or application for an extension of time has been filed," DomaCom said in ...
Royal Commission begins in February
JAMIE WILLIAMSON  |  TUESDAY, 23 JAN 2018
... 10am. The Royal Commission was established by Governor-General Sir Peter Cosgrove on 14 December 2017, with former High Court judge Kenneth Hayne named as Royal Commissioner. At the time a joint statement from Prime Minister Malcolm Turnbull and Treasurer ...
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