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Showing 131 - 140 of 752 results for "Relief"

Regulators prioritise emerging areas of risk

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... extended. "We have thought about that hard and we've looked at it. The law is not written in a way that we can give blanket relief to the whole industry, so that's not something we can do," she said. "We will consider individual trustee applications ...

ASIC consults on sunsetting class orders

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2023
... listed scheme. It clarifies that members must pass ordinary resolutions to remove and replace an RE. In the absence of this relief, the resolutions required to change the RE are unclear. Class Order [CO 13/656] provides an exemption for REs and corporate ...

New relief for reissued life policies

KARREN VERGARA  |  MONDAY, 20 MAR 2023
ASIC is providing life insurers a conditional relief that will last five years in circumstances where a policy needs to be reissued. The conditional relief pertains to Design and Distribution Obligations for financial products issued before 5 October ...

ASX shifts slightly on Credit Suisse, First Republic

CASSANDRA BALDINI  |  FRIDAY, 17 MAR 2023
... 5.2% drop in the West Texas Intermediate (US NYMEX) crude oil price which saw oil drop to a 15-month low, there was some relief. "Earlier in the US session overnight, what we have seen is a little bit of a turnaround there, we saw both the Brent and ...

Early super release scheme a mistake: ISA

ANDREW MCKEAN  |  FRIDAY, 17 MAR 2023
... blue-collar professions, and live farther from major cities. Although the early release of super was intended to provide relief to Australians experiencing financial hardship as a result of the pandemic, the study also found many used withdrawn funds ...

Inflation remains high priority in 2023: Treasurer

CASSANDRA BALDINI  |  MONDAY, 6 FEB 2023
... Katy Gallagher and I work closely with our colleagues to put it together," he said. Chalmers said providing cost of living relief without adding to inflation, growing the economy in a more inclusive and sustainable way, and repairing the budget are top ...

Perpetual appoints head of equities

ANDREW MCKEAN  |  MONDAY, 21 NOV 2022
... to Pendal seeking orders to enforce Perpetual's obligations to complete the scheme, including by way of injunctive relief or orders of specific performance. Perpetual has had multiple offers of takeover from other parties since signing the Pendal ...

Pendal, Perpetual amend deal terms

JAMIE WILLIAMSON  |  THURSDAY, 17 NOV 2022
... to Pendal to seek orders to enforce Perpetual's obligations to complete the scheme, including by way of injunctive relief or orders of specific performance. Last week it was revealed by Perpetual that it would have to pay up if it didn't go through ...

SMSFA calls for budget amendments

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
... the relevant year of income," it said. Lastly the association recommended providing practical regulatory and compliance relief for minor breaches of the non-geared unit trust rules. "Currently remediation is strictly limited to the winding up of the ...

Aware Super overhauls fee structure

CASSANDRA BALDINI  |  FRIDAY, 19 AUG 2022
... year for the single asset class investment options. These fee changes will come into effect on September 30, a welcome relief for members as the cost of living increases, the fund said. Aware Super chief executive Deanne Stewart said these savings were ...