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Showing 1351 - 1360 of 4517 results for "Cover"

Complaints abound during COVID-19: AFCA

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
The Australian Financial Complaints Authority (AFCA) has received over 3180 COVID-19 related financial complaints since the pandemic was declared in March, with more than 600 directed at superannuation funds. Speaking to members at on online forum ...

TPB cracks down on 74 tax practitioners

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAY 2020
... be lodged. SAN misuse may indicate that the audit itself was not conducted properly or that the SMSF trustee is trying to cover up actions that are not compliant with the strict laws governing how SMSFs may invest. Financial Standard previously reported ...

Blame put on businesses for JobKeeper error

ELIZA BAVIN  |  MONDAY, 25 MAY 2020
... forms completed by over 910,000 businesses who self-assessed as eligible under the scheme indicated that the program would cover around 6.5 million eligible employees. The ATO said its review found around 1000 businesses appear to have made "significant ...

Former UBS Wealth exec joins Centrepoint

HARRISON WORLEY  |  FRIDAY, 22 MAY 2020
A former national head of strategy at UBS Wealth Management has joined the c-suite at Centrepoint Alliance. Brendon Glass has been appointed chief financial officer of major financial advice group Centrepoint Alliance, fresh off a set of interim advisory ...

Super advocate takes FSC to task over TPD tests

HARRISON WORLEY  |  THURSDAY, 21 MAY 2020
... "junk terms" from total and permanent disability insurance, after the Financial Services Council committed to ensuring TPD cover wouldn't be impacted if people lost their jobs or were stood down or working less hours as a result of COVID-19. The ...

US pension funds approach point of no return

JAMIE WILLIAMSON  |  THURSDAY, 21 MAY 2020
... years or less in payouts two years ago. Similarly, in 2018 the New Jersey Teacher's Fund had US$26 billion - enough to cover just six years of benefits. This sees it rank fourth for weakness, while the state's public employee plan comes in at ...

SISFA relaunches membership to SMSF trustees

ELIZA BAVIN  |  THURSDAY, 21 MAY 2020
... industry agendas to regulators," he said. "They have not ignored trustees but rather thought that their agenda would also cover the needs of trustees without involving them in the discussion." SISFA said ordinary SMSF members need a louder voice in Canberra ...

Fund pulls mandate, alters pandemic definition

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAY 2020
... across all its options. In another Significant Event Notice, QSuper updated members on insurance changes intended to improve cover for pandemic illnesses amid COVID-19. The changes mean from 11 March 2020 QSuper's pandemic illness exclusion will no longer ...

ASIC revokes AFSL suspension, cancels another

ELIZA BAVIN  |  TUESDAY, 19 MAY 2020
... Australian Financial Complaints Authority for a minimum of 12 months and hold adequate professional indemnity insurance cover." Meanwhile, ASIC has revoked its suspension of Sydney-based responsible entity Ausfunds Management's ASFL. ASIC said it revoked ...

Global investment firm appoints new head of distribution

ELIZA BAVIN  |  MONDAY, 18 MAY 2020
T. Rowe Price has announced a new head of distribution to succeed Murray Brewer who will retire at the end of 2020 after 14 years with the firm. Darren Hall has been appointed the new head of distribution for Australia and New Zealand, effective 28 ...