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Showing 1 - 10 of 852 results for "Registered"

ASIC prevails in landmark case against BPS Financial

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024
... January 2020. BPS was found to have engaged in deceptive practices, falsely claiming that the Qoin Wallet was officially registered or approved and could be used to purchase goods and services from an increasing number of Qoin merchants, when in fact ...

Bell Asset Management announces new chief executive

ELIZA BAVIN  |  TUESDAY, 16 APR 2024
... departed Vanguard in February 2023. Prior to that, he spent three and a half years in the US leading Vanguard's Registered Investment Business (RIA). He was head of distribution in Australia for Vanguard prior to his stint in the US. Before his time ...

Heartland finally gets regulatory approval for Challenger Bank acquisition

ELIZA BAVIN  |  MONDAY, 8 APR 2024
... gross finance receivables. "Completing the Challenger Bank acquisition will make Heartland Bank the first New Zealand registered bank to acquire an Australian Authorised Deposit-taking Institution (ADI)," Heartland said. "Once Heartland Australia becomes ...

CSLR kicks off, 2k await compensation

KARREN VERGARA  |  TUESDAY, 2 APR 2024
... which 86 relate to Dixon Advisory. The Financial Advice Association Australia (FAAA) slammed the CSLR levy as 15,624 registered advisers will have to fork out about $1200 each. Berry said: "I totally appreciate that any additional costs for small businesses ...

ACNC tightens screws on NFPs with complex corporate structures

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
... one of which being the number of reports it receives. The ACNC receives about 2300 reports each year in relation to registered charities.

Inaugural CSLR levy slugs advisers $18.5m

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
... Financial Advice Association Australia chief executive Sarah Abood slammed the new levy, calculating that among the 15,624 registered advisers, they will have to fork out about $1200 each. "The CSLR is intended to promote trust and confidence in the ...

Major decline in group insurance coverage: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 28 FEB 2024
... Following this, the Treasury Laws Amendment (Putting Members' Interests First) Act 2019 (PMIF) further mandated that Registered Superannuation Entity (RSE) licensees cannot offer insurance on an opt-out basis to members with account balances under ...

Canna Campbell slapped with $114k legal bill

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... reinforced Justice Manousaridis' determination last December, which found that Campbell breached Korolak's registered trademark, "Financial Foreplay", by using it on social media platforms and podcasts between 12 February 2020 to 15 May 2021. ...

ASIC vigilant on bad SMSF advice

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... see inappropriate financial advice," she said. ASIC co-regulates SMSF auditors with the ATO. There are currently 4341 registered SMSF auditors. As a result of referrals from the ATO's compliance program and other identified SMSF auditor conduct concerns ...

ATO cracks down on illegal early SMSF access

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... but doesn't lodge its first return is another red flag on the ATO's radar. "Currently, 16% of funds that were registered in 2022 have failed to launch their first return, which means these returns are over 12 months overdue. Of the 50%, 2500 ...
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