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Showing 1071 - 1080 of 4503 results for "Case"

ROA relief guidance released

KARREN VERGARA  |  FRIDAY, 16 JUL 2021
... use Records of Advice to make the most of the temporary measure. The corporate regulator and FASEA said the guidance and case study they have jointly compiled is to ensure that advisers understand their requirements under the COVID-19 relief measure. ...

Ian Silk to leave AustralianSuper

KARREN VERGARA  |  TUESDAY, 13 JUL 2021
The chief executive of Australia's biggest superannuation fund AustralianSuper will step down before the end of the year. Having led the fund since its creation on 1 July 2006, Ian Silk is set to leave the super fund at the end of this year. Chief ...

OnePath to remediate over pressure selling

ELIZABETH MCARTHUR  |  MONDAY, 12 JUL 2021
... regulatory action. Notably, the deep dive review also informed the evidence base for several Hayne Royal Commission misconduct case studies. Our review uncovered egregious sales practices, with tens of thousands of consumers paying for products they ...

Dixon Advisory to pay $8.2m to settle ASIC action

KANIKA SOOD  |  FRIDAY, 9 JUL 2021
ASIC will drop its September 4 Federal Court case against Evans & Dixon's financial advice arm for $8.2 million and declaration of 53 contraventions. Dixon Advisory and Superannuation Services (DASS) will pay $7.2 million in penalty and $1 million ...

Lying rife in life insurance applications

ANNABELLE DICKSON  |  FRIDAY, 9 JUL 2021
Nearly 20% of Australians have lied on their life insurance application to get a cheaper policy, new research shows. Comparison site Finder's latest research revealed 3.8 million people have lied on their life insurance application. Men were found to ...

Superannuation complaints down 31%: AFCA

KANIKA SOOD  |  MONDAY, 5 JUL 2021
Member complaints about superannuation to AFCA fell 31% in the year ending 30 June 2021, after a spike in FY20 stemming from the early release of superannuation allowed during the pandemic. AFCA did not provide a breakdown of complaint types for superannuation ...

Economic recap: Week to July 2

BENJAMIN ONG  |  MONDAY, 5 JUL 2021
Australian economic and survey releases over the past week continued to paint a picture of a strengthening recovery. However, the rosy results preceded the outbreak of the Delta variant that prompted lockdowns and/or tightened restrictions in major ...

UK pension funds pushed to merge

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
... consolidation is needed, having met with Australian government officials to discuss the benefits of consolidation. "It is the case that consolidation in Australia has led to fewer, larger schemes and lower charges and more diversified investment portfolios. ...

Industry split on paid vaccine leave

JAMIE WILLIAMSON  |  FRIDAY, 25 JUN 2021
... supports colleagues taking time off during their working hours to receive the required vaccinations and this has been the case for colleagues who have already received their vaccinations." Of the 24 that have responded, there are 10 employers that the ...

Government to create ASIC, APRA regulator

ANNABELLE DICKSON  |  THURSDAY, 24 JUN 2021
The government has passed legislation that will see the establishment of an independent body charged with reviewing the effectiveness of both the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority ...