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Showing 131 - 140 of 515 results for "Powers"

Chief economist update: East and west at crossroads

BENJAMIN ONG | TUESDAY, 15 DEC 2020

... submission and Australia is correct to stand its ground. But as the US-China trade war proved, directly antagonising the powers that be in China will only increase the dragon's aggression. If the mighty US cannot make China kowtow to its wishes ...

Why has ASIC still not got a chief executive?

KANIKA SOOD | THURSDAY, 19 NOV 2020

... since added a chief operating officer role, but a chief executive or head of office role still doesn't exist. "Obviously my powers of persuasion aren't what I would have liked [or] thought they would be," Chester said, in response to Patterson's question ...

Fintechs to merge

ANNABELLE DICKSON | WEDNESDAY, 18 NOV 2020

... platform responsible for the secure interaction of tax and super data for over 15% of Australia's working population. It powers digital platforms for a government super fund, a profit-for-member super fund and a retail super fund helping their clients ...

RC recommendations closer to legislation

KARREN VERGARA | FRIDAY, 13 NOV 2020

... be prohibited from acting in the best interests of another person, except when performing its duties and exercising its powers as a trustee or when providing personal advice. Failure to comply with the new condition can lead to APRA issuing directions ...

Super industry cautious on more reform

ELIZABETH MCARTHUR | TUESDAY, 6 OCT 2020

... said. "The government's commitment to implement an ATO portal to help consumers select a high performing fund, and new APRA powers to weed out chronic underperformance, is a long-overdue reform that clearly puts the interests of consumers first." Likewise ...

ETF Securities chief exits

KANIKA SOOD | TUESDAY, 6 OCT 2020

The ETF issuer is restructuring its management, which will see its chief Kris Walesby exit as founder and chair Graham Tuckwell increases his involvement in the business. Graham Tuckwell, who spent a decade in Jersey and returned to Australia in 2019 ...

ASIC provides relief to Victorian advisers

ALLY SELBY | TUESDAY, 22 SEP 2020

... client or timeframes required by sections 962G and 962K. However, ASIC noted that it does not have exemption or modification powers in relation to FDS and renewal notice obligations. "This means that relying on this no-action position does not prevent ...

Financial services laws under review

JAMIE WILLIAMSON | TUESDAY, 15 SEP 2020

... by 30 September 2022. This will examine how legislative complexity can be appropriately managed over time, how delegated powers should be expressed in legislation, and how best to maintain regulatory flexibility to address unforeseen or unprecedented ...

Mayfair 101 in damage control

ELIZABETH MCARTHUR | MONDAY, 17 AUG 2020

... matter to provide a statutory declaration. "The Mayfair 101 Group believes that as a Government regulator with enormous powers, ASIC of all entities, should be required to speak with the media on the record only," Mayfair 101 said in a statement. "The ...

Another sentenced in ATO fraud

ELIZA BAVIN | MONDAY, 3 AUG 2020

... was part of an elaborate and complicated scheme, but our sophisticated approach, combining intelligence and specialist powers of taskforce agencies, means tax criminals will come unstuck." During the course of investigations into the alleged fraud, it ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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