It may be licensees’ responsibility to report internal dispute resolution regime data to ASIC next month, but they are reminding their advisers of the importance of keeping accurate records.
ASIC commissioner, Alan Kirkland, has told Money Management that licensees and financial advisers could be in breach of the law and face civil penalties if they fail to meet the new extended deadline for adviser registration.
Sara Holcomb criticizes a Chicago restaurant's practice of adding a 25% service charge to all checks, arguing that it shifts the responsibility of fair compensation for staff from employers to customers and potentially contributes to management taking a larger share, sparking a debate on the tipping culture and worker compensation in the United States.
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