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| | | An industry group for independent financial advisers and lawyers have come out criticising Westpac over the six cases brought against it by ASIC. Slater and Gordon Lawyers is calling on Westpac to 'walk the talk', after Westpac's chief executive Peter ... |
| | | | ... capability of ASIC and APRA on a biennial basis, with reports to be delivered to the minister and subsequently tabled in parliament." |
| | | | The Retirement Income Covenant's introduction to parliament yesterday has been welcomed by major industry bodies. The Corporate Collective Investment Vehicle Framework and Other Measures Bill 2021 currently sits before the house, containing the ... |
| | | | ... whose money is unlikely to be imperilled by a change of trustee, I would expect regulators to take action. And the Parliament might too," Hume warned. Elsewhere in her speech, Hume assured that the Compensation Scheme of Last Resort does not let banks ... |
| | | | The digital assets exchange appointed two new senior additions to its advisory board, hiring from ASX and Tyro. David Raper and Garry Duursma joined the advisory board following the release of the final report of the Parliamentary Committee on Australia ... |
| | | | ... the next two years to deal with the impacts of COVID-19 and further regulatory reforms making their way through the Parliament, including the introduction of a Single Disciplinary Body and a Compensation Scheme of Last Resort," treasurer Josh Frydenberg ... |
| | | | ... of costly duplicate accounts will ultimately lead to bigger retirement savings for people, but without action from Parliament there is a risk some people will lose access to affordable default insurance cover in their super," Super Consumers Australia ... |
| | | | Two major pieces of legislation have been introduced in parliament, including the Compensation Scheme of Last Resort. The scheme facilitates the reimbursement of up to $150,000 to compensate consumers affected by bad personal advice, credit intermediation ... |
| | | | ... passed this week. The Superannuation (State Public Sector) (Scheme Amendment) Bill 2021 was passed by the Queensland Parliament on October 26, enabling the merger. The bill saw a relatively speedy turnaround, having only been introduced on September ... |
| | | | ... superannuation, financial services, the digital economy and women's financial security Jane Hume said a bill introduced to Parliament yesterday will deliver on a key commitment in the Women's Budget Statement. The bill removes the $450 per month income ... |
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