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Showing 1051 - 1060 of 9564 results for "Release"

Draft regulation on YFYS released

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
The government has conceded to industry demands on administration fees and unlisted assets' treatment in the new APRA performance tests, as it finally releases draft regulation for the Your Future, Your Super reforms. It has agreed to include administration ...

Queensland bans Dollarmites

KARREN VERGARA  |  TUESDAY, 27 APR 2021
... bring," she said. Bendigo Bank also operated a school-banking program in Queensland but withdrew its program prior to the release of the ASIC report. Victoria banned the program at the start of 2021, replacing it with new teaching resources and tips ...

FPA launches file note guidance

ELIZABETH MCARTHUR  |  MONDAY, 26 APR 2021
The Financial Planning Association of Australia (FPA) has released new guidance on best practice for file notes. File notes are important as a risk management tool, especially in disputes between clients and financial advisers, and the FPA said recent ...

APRA releases draft climate change guidance

RACHEL ALEMBAKIS  |  FRIDAY, 23 APR 2021
Financial risks of climate change can interact and compound other institutional risks including credit risk, market risk, and liquidity risk, APRA has emphasised in a new practice guide. APRA has released a draft guide for Prudential Practice Guide ...

Senate report on YFYS reforms delayed

KANIKA SOOD  |  THURSDAY, 22 APR 2021
... superannuation and financial services Jane Hume, copying in Treasurer Josh Frydenberg, asking for "an urgent update" on the release of the draft regulations for the bill. "Given that details of the full impact of the YFYS Bill are not yet clear we are ...

Former adviser pleads guilty over million-dollar super theft

ANNABELLE DICKSON  |  THURSDAY, 22 APR 2021
... ASIC said the services were not provided and the fees were instead rebated to his clients facilitating unlawful early release of their superannuation benefits. The latest development follows ASIC permanently banning Saad from providing financial services ...

Chief economist update: Bank of Canada walks the talk

BENJAMIN ONG  |  THURSDAY, 22 APR 2021
Browse through recent monetary policy statements released by many central banks around the world and you'll notice a central theme - economic recovery starting this year powered by vaccinations, eased restrictions (in some countries), adaptation ...

ERS spending revealed

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 APR 2021
... hardship caused by COVID-19 spent the money on. The ABS found that 29% of people who accessed their super in the early release of super program spent the money on mortgages or rent. A further 27% spent the money on household bills and 15% used it to ...

Adviser-led TPD claim admittance rates fall

KANIKA SOOD  |  TUESDAY, 20 APR 2021
... premiums collected in 2020 after legislation turned off insurance on lower-balance accounts from October, and the early release of superannuation, which whittled away at many superannuation accounts.

Chief economist update: Copper 10,000

BENJAMIN ONG  |  TUESDAY, 20 APR 2021
Copper prices continue to rally and indications are it won't be long now until it recaptures the US$10,000 a tonne record it reached 10 years earlier. At the current price of US$9,415.00, copper's only 5.9% away and won't be long till it ...