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Results: 1-10 of 28

The future of the Future - who benefits?
  • Piper Alderman
  • Australia
  • September 1 2014

Having sought to make changes to the Future of Financial Advice legislation, the Government accepted proposed amendments from the Palmer United Party


Back to the future: FOFA Financial Advice proposals defeated
  • Piper Alderman
  • Australia
  • December 18 2014

With the blocking in the Senate of the Government's proposed amendments to the Future of Financial Advice legislation by the Opposition together with


Priority of mortgagee interests: unfair leapfrogging or legitimate jumping?
  • Piper Alderman
  • Australia
  • August 7 2012

The decision of the Queensland Supreme Court in Sucrogen Australia Pty Ltd v Westpac Banking Corporation & Anor (2012) QConvR 540-776 sets out the circumstances in which lower-ranking secured creditors may obtain higher priority


ASIC releases updated policy guidance on administrative action against financial services providers
  • Piper Alderman
  • Australia
  • September 7 2012

ASIC has updated Regulatory Guide 98: Licensing: Administrative action against financial services providers to reflect changes to its policy on when and how ASIC may take administrative action against financial services licensees


Stamp duty abolition timetable extended again
  • Piper Alderman
  • Australia
  • June 27 2012

The NSW Government has once again extended the timetable for abolition of stamp duty on unlisted marketable securities, mortgages and transfer of non-land business assets for another 12 months


The future of financial advice: the devil will (probably) be in the detail
  • Piper Alderman
  • Australia
  • July 22 2011

In the aftermath of high profile corporate collapses resulting in significant losses for Australian investors acting on financial advice, the Parliamentary Joint Committee on Corporations and Financial Services launched an inquiry into the financial planning industry


FOFA reforms
  • Piper Alderman
  • Australia
  • November 8 2012

As part of the FOFA reforms, recent amendments have been made to the Corporations Act which impose two statutory obligations on any individual (the provider) who provides personal advice to a retail client


Fiduciary duties of financial advisors
  • Piper Alderman
  • Australia
  • November 8 2012

Although it is hard to understand how this view could have arisen, there was a view amongst some members of the financial planning industry that financial planners did not owe fiduciary duties to their clients


Fee disclosure statements new ASIC regulatory guide RG 245
  • Piper Alderman
  • Australia
  • February 22 2013

Under new rules which will come in to operation from 1 July 2013, Australian Financial Services (AFS) licensees and representatives of AFS licensees


When does the provision of information or scaled advice become personal advice?
  • Piper Alderman
  • Australia
  • February 22 2013

Understanding whether or not personal financial product advice is being given will become even more important under the new FOFA rules that come into