Australia (National)
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Chris Dastoor's articles primarily focus on government announcements, legal policy regulation, and cite data related to business & industry, human resources & employment, and legal & compliance topics. He seems particularly interested in the impact of regulations on businesses and industries.
To effectively reach out to Chris Dastoor, consider providing insights into how specific government announcements or regulatory changes affect businesses' operations or HR practices. Additionally, if you have relevant data that supports trends in the mentioned topics (advice, external advisers, education), it could be valuable for his coverage. Keep in mind that while there is no specified geographic focus for Chris's coverage attributes globally would likely be appreciated as long as they pertain to universal business policies and practices.
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By: Chris Dastoor
The Financial Services Council has criticised the Association of Superannuation Funds of Australia for engaging in anti-competitive behaviour, after applying to the country's consumer watchdog for an exemption to negotiate with third-party vendors on behalf of all super funds.
By: Chris Dastoor
ASIC Commissioner Alan Kirkland isn't surprised that the government has changed course on its approach to the Delivering Better Financial Outcomes legislation, after the $1 billion Shield and First Guardian collapse impacted progress of the reforms.
By: Chris Dastoor
The Financial Services Council has recommended ASIC should establish a risk-based supervision function for AFSLs, as well as charging licensees more for the industry levy.
ASIC has launched Federal Court proceedings against Auditeo Australia and two of its auditors over allegations it failed to do proper due diligence of the First Guardian Master Fund.
By: Chris Dastoor
Despite the Coalition having oversight of the implementation of the Hayne royal commission recommendations, shadow Treasurer Tim Wilson says the reforms made advice inaccessible and pushed up fees.
By: Chris Dastoor
ASX-listed Sequoia Financial Group has agreed to a court undertaking that it won't lodge a certificate with ASIC that says the sale of InterPrac Financial Planning to Conquest Investment Partners is “bona fide, fair and reasonable”.
By: Chris Dastoor, Lachlan Maddock
Cbus CEO Kristian Fok has called on the regulator to provide clearer guidance on when SMSFs are economical and for greater transparency around advice fees, as the SMSF Association warns any regulatory response to recent fund collapses must be evidence-based and proportionate.
By: Chris Dastoor
ASIC has sought Federal Court orders to restrain Shield director Paul Chiodo from promoting new funds over concerns about alleged unlicensed conduct and that the products were promising high guaranteed returns and providing financial services without a licence.
The 30 per cent minimum tax rate on discretionary trusts will cause an unnecessary burden on small businesses, both the Financial Advice Association Australia and Stockbrokers and Investment Advisers Association have argued.
By: Chris Dastoor
Editor's note: this article discusses themes of suicide, depression and mental health. If any of these topics raise concerns or issues for you, you can contact Lifeline on 13 11 14 or Beyond Blue on 1300 224 636.
