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Showing 61 - 70 of 743 results for "Regulations"

Crescent Wealth responds to PDS error criticism

ANDREW MCKEAN  |  THURSDAY, 1 DEC 2022
... regime by permitting a class of super products to underperform compared with the rest of the market," ISA said. "The regulations don't provide sufficient protections for members of funds with faith-based products that are eligible for the supplementary ...

Religious carve outs for faith-based super funds are dead

ANDREW MCKEAN  |  WEDNESDAY, 30 NOV 2022
... regime by permitting a class of super products to underperform compared with the rest of the market," ISA said. "The regulations don't provide sufficient protections for members of funds with faith-based products that are eligible for the supplementary ...

Never been more optimistic: Abood

CASSANDRA BALDINI  |  WEDNESDAY, 23 NOV 2022
... Commission is working to clear a path through that maze that is the Corporations Act, and all of the many associated regulations," she said. "The common factor, of course, is the onerous regulatory structure of our profession, and it must change if advice ...

The future of defined contribution asset allocation

ANDREW MCKEAN  |  MONDAY, 7 NOV 2022
... are independent entities competing against each other for savers, innovation is encouraged. Without encumbering US regulations like the Employee Retirement Income Security Act (ERISA) that holds the executive leadership of 401(k) sponsoring companies ...

QAR leaves insurance commissions alone

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
... of commissions, with the QAR saying commissions in relation to financial product advice should be retained but the regulations should be modified "to clarify that it also applies where the client authorises a product issuer to pay for financial product ...

TPB, bans dishonest tax agents

CASSANDRA BALDINI  |  TUESDAY, 18 OCT 2022
... validity and accuracy of an SMSF's financial statements and its compliance with superannuation legislation and regulations," he said. "The TPB decisions follow referral of intelligence from ATO compliance activity where we have worked with SMSF auditors ...

Draft SMSF auditor registration regulations to update fees, language

ANDREW MCKEAN  |  MONDAY, 17 OCT 2022
The government is consulting on the Superannuation Auditor Registration Imposition Regulations 2022, aiming to remake and improve the 2012 Regulations by changing the amounts of fees payable to ASIC, and language about indexation methods. The 2012 Regulations ...

Data sharing laws updated in response to Optus breach

JAMIE WILLIAMSON  |  FRIDAY, 7 OCT 2022
The government is proposing changes to the Telecommunications Regulations 2021 following the Optus breach that will impact how APRA-regulated entities respond to cybersecurity incidents and risks. Changes from the government are expected to provide ...

Throw out financial services law clutter: ALRC

ANDREW MCKEAN  |  WEDNESDAY, 5 OCT 2022
... regulation. Namely, the ALRC set out to target provisions of the Corporations Act 2001 (Cth) and the Corporations Regulations 2001 (Cth), among other legislative instruments. The review has three key focuses, each of which is covered in an individual ...

The time for change is now: Jones

CASSANDRA BALDINI  |  WEDNESDAY, 21 SEP 2022
... the election," he said. Jones said the learnings of the Hayne Royal Commission cannot be forgotten but added that if regulations are in place, it's important to understand the reasons behind them and if there are better ways. "I won't be talking ...