Buy/sell agreements and succession planning

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Businesses who fail to plan for death or serious illness of a principal may live to regret it! Imagine this – one of your co-owners falls seriously ill and needs

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Online contracts: click to agree

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When millions of users signed up for ‘Pokémon Go’ they agreed to a term granting the app developers access to see and modify nearly all of their information on their

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New tough approach to licensing

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ASIC is now taking a tougher approach on AFS and ACL licence applications – they’re refusing to accept applications for lodgement if they don’t contain all the required material and

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Life commissions and ostriches

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The volume of noise emanating from the vocal group of life advisers who seem to believe they can push back the tide on life commissions caps is a truly remarkable

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Add-on insurance landscape to radically change

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ASIC’s damning investigation into the sale of insurance by car dealers is likely to drastically change the add-on insurance market. Insurers and their agents must act quickly to avoid enforcement

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The impact of time barring

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Time-bar clauses do exactly what they sound like: they restrict the timeframes in which rights can be enforced. This can be a problem because signing contracts which contain these clauses

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Unpaid life insurance remains valid

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Watch out insurers: life insurance policies can remain on foot even if the premium is unpaid. How is this even possible? Most people assume that if they don’t pay the

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A warning on general advice

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Although it’s common knowledge that financial advisers who provide general advice to retail clients must provide a general advice warning, the warning must be effective. If you believe a simple

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Portfolio monitoring technology – A regulatory must have

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Clip the ticket and take a fee. Maybe it was possible once, but not anymore, as clients and regulators demand greater proactivity in portfolio monitoring and management. In the direct

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Super – Tips and traps

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Ever wondered why you can’t withdraw an asset from your self-managed super fund (SMSF) in lieu of your withdrawal benefit? It’s because the Superannuation Industry (Supervision) Act 1993 (Cth) (SIS)

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