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Showing 1341 - 1350 of 4517 results for "Cover"

ATO streamlines tax return process

ELIZA BAVIN  |  FRIDAY, 12 JUN 2020
The Australian Taxation Office has announced a streamlined approach for tax time to allow people to easily claim tax deductions for work from home arrangements. Assistant commissioner Karen Foat said the ATO has a range of different approaches to support ...

Aberdeen Standard launches new fund

ELIZA BAVIN  |  WEDNESDAY, 10 JUN 2020
Aberdeen Standard Investments (ASI) has launched a new global small caps fund, offering access to high-growth opportunities and portfolio diversification. ASI said the fund aims to provide investors and financial advisers with access to a high-conviction ...

CBA coughs up $5m over RC case study

ALLY SELBY  |  TUESDAY, 9 JUN 2020
ASIC has trumped the Commonwealth Bank for failures in its AgriAdvantage Plus Package, with the Federal Court of Australia ordering the bank to cough up a $5 million penalty. On Friday, the Court found that the bank had breached the ASIC Act and Corporations ...

Life insurance activity rises: MetLife

ELIZA BAVIN  |  TUESDAY, 9 JUN 2020
... understand what is and isn't covered by different insurance products," Carey said. "For example, income protection will cover you if you're unable to work due to illness or injury but doesn't protect against redundancy - which is what many consumers ...

Government announces fresh crackdowns on foreign investments

ALLY SELBY  |  FRIDAY, 5 JUN 2020
... over, governments are seeing foreign investment being used for strategic objectives not purely commercial ones." The reforms cover three key areas; including a new national security test, strengthened compliance and integrity framework and a streamlined ...

New role for AMP Capital ESG head

ELIZABETH MCARTHUR  |  FRIDAY, 5 JUN 2020
The former head of ESG investment research at AMP Capital has taken up a new role. Ian Woods will provide specialist consultancy on climate change and responsible investment to Chronos Sustainability. He will be Chronos' climate change and sustainable ...

Calls for overhaul of AFSL system

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 JUN 2020
... the law should be changed to focus the AFSL system on the regulation of financial products, rather than requiring AFSLs to cover the provision of financial advice. "While the AFSL system plays an important role in regulating financial products and services ...

ASIC cancels two AFSLs

ELIZA BAVIN  |  MONDAY, 1 JUN 2020
ASIC has cancelled the Australian financial services licenses of Western Australia-based, Personal Risk Management and Melbourne-based Australian Golden Securities ASIC said Personal Risk's cancellation took effect on 21 May 2020, after the company ...

ASIC takes action on two AFSLs

ELIZA BAVIN  |  FRIDAY, 29 MAY 2020
ASIC has cancelled the ASFLs of two NSW-based financial service providers. Sydney-based financial services provider Squareknot's licence cancellation took effect on 6 May 2020. ASIC said the licence was cancelled after it found that Squareknot did not ...

APRA pushes for super fund consolidation

JAMIE WILLIAMSON  |  THURSDAY, 28 MAY 2020
... interests. One thing funds can do now to ensure this isn't an issue when teeing up a potential partner is to shore up reserves to cover the expected and, to some degree, the unexpected liabilities that may pop up, Carmody said. While costs are undoubtedly ...