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Showing 1221 - 1230 of 6076 results for "Commission"

APRA intervention blindsided AFA, FPA taskforce

ELIZABETH MCARTHUR  |  TUESDAY, 28 JUL 2020
... the market?" he said. "The couple of positives that came out of LIF is that we do have a framework and in the Royal Commission, having that framework and a scheduled review for 2021 I think helped to avoid a potentially disastrous recommendation from ...

SMSFA, FSC call for infrastructure investment access

ANNABELLE DICKSON  |  TUESDAY, 28 JUL 2020
... more than $1.7 trillion of the superannuation pool, have joined forces to present this policy to the National COVID-19 Commission Advisory Board and National Cabinet. SMSF Association chief executive John Maroney said: "It has always been a bone of contention ...

AustralianSuper partners with greenhouse gas giants

ALLY SELBY  |  MONDAY, 27 JUL 2020
... charitable organisations ClimateWorks Australia and Climate-KIC Australia, in collaboration with the Energy Transitions Commission, are conveners of the initiative. The initiative will focus on opportunities across the five supply chains which together ...

Calls for broad default life insurance system

ELIZA BAVIN  |  MONDAY, 27 JUL 2020
... model with which this had traditionally been done is no longer viable. "Traditionally this advice has been funded by a commission paid by a life insurer to a client, meaning the advice component comes at no upfront cost to the customer. While this model ...

New class action regulations slammed

ALLY SELBY  |  FRIDAY, 24 JUL 2020
... believes the proposed changes would discourage overseas based funders - subsequently decreasing competition and increasing commission fees. "Whilst the government has announced these changes for the purpose of protecting class members, my concern is ...

What to expect from the Retirement Income Review

KANIKA SOOD  |  FRIDAY, 24 JUL 2020
... includes floating the idea of restricting the number of superannuation funds to just 10 ("best in show", productivity commission), Future Fund managing default retirement savings, separating superannuation from workplace agreements and the place of self-managed ...

European robo-adviser eyes Australia, taps Westpac exec

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... what's missing," Smith said. "Having run large teams for a long time in this market, and especially with the Royal Commission, the disconnect between Australians and anything to do with advice and financial services means that we need to have a different ...

Pension funds apply pressure on climate change

ELIZABETH MCARTHUR  |  THURSDAY, 23 JUL 2020
... the Federal Reserve, Comptroller of the Currency, Federal Deposit Insurance Corporation, the Securities and Exchange Commission (SEC), Commodity Futures Trading Commission, Federal Insurance Office, Federal Housing Finance Agency, Financial Stability ...

UBS to cough up $14m over bond bungle

ALLY SELBY  |  THURSDAY, 23 JUL 2020
UBS will cough up more than $14 million (US$10 million) after the US Securities and Exchange Commission found it had violated rules giving retail investors priority in municipal bond offerings. According to the SEC, UBS improperly allocated bonds intended ...

HESTA doubles down on climate action

ALLY SELBY  |  WEDNESDAY, 22 JUL 2020
... Parliament has agreed to long-term Paris Agreement-aligned emission reduction targets and established a Climate Change Commission to deliver an annual carbon budget and report transparently on progress," Blakey said. "Investors are looking for this kind ...