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Showing 111 - 120 of 310 results for "Urging"

ERS a setback for young workers

KARREN VERGARA  |  MONDAY, 25 JAN 2021
... age cohort," AIST found. The scheme, which ended last month, saw 3.4 million members withdraw around $36 billion. AIST is urging the federal government to make a one-off contribution to the super of low-income earners who took advantage of ERS of about ...

Prioritise underperformance over stapling: AIST

KARREN VERGARA  |  WEDNESDAY, 6 JAN 2021
... stapling as existing members stuck in dud funds will be worse off. In its submission to the draft legislation, AIST is urging the federal government to reconsider its approach. The issue of underperformance in the super system must be addressed before ...

ASIC unveils school banking program review

KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
... state-by-state breakdown of contribution payments made to schools," he said. RateCity's research director Sally Tindall is urging parents to do their homework. She said: "CBA's YouthSaver is offering a rate of just 0.80% - parents can teach their ...

Dollarmites faces more backlash

ANNABELLE DICKSON  |  TUESDAY, 1 DEC 2020
... and make ongoing deposits into those accounts. In light of the Victorian ban, consumer comparison site RateCity.com.au is urging parents with children enrolled in Dollarmites to switch to savings accounts with a higher interest rate. Ratecity.com.au ...

ASIC prepares industry for claims handling law

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
... managers, brokers as well as financial advisers who handle claims on behalf of an insurer will be directly impacted. ASIC is urging industry participants to apply for the AFSL or a variation to existing licences as soon as possible. For entities that ...

Asset managers want action on modern-day slavery

KARREN VERGARA  |  THURSDAY, 12 NOV 2020
Asset management heavyweights are urging the nation's top 100 companies to take modern-day slavery and labour exploitation seriously by lifting the hood on their supply chains. The Investors Against Slavery and Trafficking (IAST) APAC, a newly-formed ...

ASIC reviewing risk advice, pushes for scaled advice

ANNABELLE DICKSON  |  WEDNESDAY, 14 OCT 2020
... "We're not looking to catch people out, this is a review in the ordinary course for us," she said. Furthermore, ASIC is urging financial advisers to make financial advice more accessible, affordable and 'bite-sized' to meet consumer demand. The regulator ...

Transition away from LIBOR continues

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
... referencing key interbank offered rates (IBORs), including the London Interbank Offered Rate (LIBOR). ASIC, APRA and the RBA are urging Australian institutions to use the new ISDA protocol and supplement. The international Financial Stability Board also ...

BOQ expects to back pay $11m in SG

KARREN VERGARA  |  WEDNESDAY, 30 SEP 2020
... failed to pay workers their correct base rates, overtime, penalty rates and full superannuation entitlements. "We have been urging all the banks to review and audit their payrolls and we are not surprised that another bank has been underpaying workers," ...

Alex Waislitz urges OVH shareholders to vote no

KANIKA SOOD  |  TUESDAY, 29 SEP 2020
... companies bought more OVH shares yesterday, a spokesperson said. He is also expected to write to OVH shareholders this week, urging them to vote against the revised offer, the spokesperson said. "We are not going to comment on any particular shareholder. ...