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Showing 1 - 10 of 892 results for %22Required Financial Services%22

Fund managers nervously await 'golden visa' reforms

KARREN VERGARA  |  WEDNESDAY, 24 APR 2024
... managers [and] pivot necessary, including, for example, if the government does go down the path of increasing the level of required investment into a venture capital or start-up private equity fund," Wright said. This year, the Henley Residence Program ...

Court approves $16m DASS settlement

KARREN VERGARA  |  FRIDAY, 19 APR 2024
... authority seeking further redress under the Compensation Scheme of Last Resort (CSLR). Following further correspondence required by the judge, it was found that "each relevant complaint will be assessed by AFCA in accordance with the rules governing ...

ASIC challenges court ruling in Finder Wallet crypto case

ANDREW MCKEAN  |  THURSDAY, 11 APR 2024
... a return for allowing Finder Wallet to use their capital. If Finder Earn was a debenture, Finder Wallet would've been required to hold an Australian Financial Services Licence to offer such a product. However, the court disagreed with ASIC's assertions ...

Tranche one of advice reforms hits parliament

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... 10, personal advice providers should have the flexibility to decide how they disclose the information that is otherwise required to be in an FSG to their clients. Under the new law, advisers can either continue to give their clients an FSG or instead ...

Australia's wealthiest women not getting the advice they need

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... transfers," the research said. "Together with higher divorce rates, especially among older generations, HNW women are often required to navigate wealth management, at times without prior experience or existing relationships with professionals. The research ...

ATO refers SMSF auditors to ASIC

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
... Between 1 October 2023 and 31 December 2023, ASIC acted against nine SMSF auditors where it believed they did not meet the required standards, including concerns with compliance and assurance standards, independence, registration conditions, and not ...

Low-margin clients hurt practice valuations

KARREN VERGARA  |  THURSDAY, 14 MAR 2024
... practice are typically put off by this client base generating low-margin revenue, Centurion found, saying the level of work required significantly reduces profitability and drives the average multiple down. "The exception being if an acquirer believes ...

Sexism in the City: UK financial sector slammed

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAR 2024
... it's recommended prospective employers be banned from asking for salary history and that all job adverts be legally required to include salary bands "as both play a role in perpetuating a system where women are paid less than men." It's also ...

Hostplus rejects anti-competitive behaviour claims

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... and ensure that employees can make informed decisions based on proper facts, Hostplus suggested that "WMPs should be required to prominently disclose any private commercial sponsorship or partnership arrangements they have in place with superannuation ...

Equip Super set to hire top chief experience officer

ELIZABETH FRY  |  FRIDAY, 8 MAR 2024
... financial advice functions, which has unfortunately meant the executive roles running those two functions are no longer required," Cameron went on to say. "We are confident this will lead to even stronger support for members across all our services." ...
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