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Showing 91 - 100 of 2601 results for "Regulation"

Former APRA chair joins ASX board

ELIZA BAVIN  |  MONDAY, 6 MAY 2024
... his deep financial services and regulatory expertise". Byres brings over 30 years' experience in financial services regulation, risk management, governance, and public policy in both domestic and international roles. He has previously served as the chair ...

Mercer rolls out new corporate super plan

ANDREW MCKEAN  |  THURSDAY, 2 MAY 2024
... as many individuals are likely to stay with their existing funds when changing jobs. "We find that even with the new regulation in more recent years around, stapling, etc., that, probably on the back of their employer organisation being one of the most ...

Treasury shakes up foreign investing framework

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
Treasury is promising to make Australia a better investment hub for foreigners as it lays out comprehensive reforms to make the system "stronger, more streamlined, and more transparent". Treasurer Jim Chalmers today released an updated foreign investment ...

Proposed super tax obfuscates legacy pensions rules: SMSFA

KARREN VERGARA  |  WEDNESDAY, 24 APR 2024
... Schedule of the Family Law (Superannuation) Regulations 2001 to value the pension for Division 296 purposes. The draft regulation must also clarify who will be responsible for calculating the value of legacy pensions. "Considering the ATO doesn't have ...

ASIC chief executive to depart

ELIZA BAVIN  |  TUESDAY, 16 APR 2024
... Day's secondment to the CDPP comes as ASIC enters the next phase of its transformation. ASIC executive director of regulation and supervision Greg Yanco will be appointed as ASIC's interim chief executive effective June 1. Yanco was previously executive ...

Billionaire receives death penalty for embezzlement

KARREN VERGARA  |  FRIDAY, 12 APR 2024
A Vietnamese billionaire property developer has been sentenced to death for embezzling US$12.5 billion - the country's largest case of financial fraud, several reports show. The People's Court of Ho Chi Minh City yesterday handed down the death ...

Why aged care advice needs tougher regulation

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
The lack of regulation around aged care advice has led to superficial and often conflicted advice, that can put older Australians at risk of elder abuse, according to Aged Care Steps, which is rallying for tougher protections and laws. Aged Care Steps ...

Why fund managers are missing out on investment mandates

ELIZA BAVIN  |  WEDNESDAY, 10 APR 2024
New research from Ocorian and Newgate Compliance found alternative fund managers are losing investment mandates or clients because of compliance issues. The research also revealed there had been an increased level of internal conflict between fund management ...

IMF flags concerns over 'risky' private credit market

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
... insurance companies and pension funds may be forced to sell more liquid assets." The IMF has called for more vigilant regulation to monitor and assess risks in the private credit market. "Authorities should consider a more active supervisory and regulatory ...

Super advice fee deductions compound red tape: JAWG

KARREN VERGARA  |  MONDAY, 8 APR 2024
... adviser from the member's superannuation account and ensure that such fees are not taxable benefits for members. The regulation mandates that the financial product advice "must be personal advice that is wholly or partly about the member's interest ...