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Showing 1501 - 1510 of 3504 results for "compliance"

Lax regulation worsens lost super benefits: ISA

KARREN VERGARA  |  FRIDAY, 3 MAY 2019
... "cumulative damage" of super guarantee underpayment arises because of the weak enforcement action by the ATO on employer compliance. This is a combination of failings to fine employers who do the wrong thing, and inadequate information systems which ...

Industry funds dominate AAA quality list

KARREN VERGARA  |  FRIDAY, 3 MAY 2019
... investment choices, 2500 fee options and 15,000 insurance policy options. Rainmaker executive director of research and compliance Alex Dunnin said while regulatory bodies call for a 'best-in-show' list of funds, this quality assessment indicates ...

APRA self-assesses shortcomings

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2019
... 520) has not completely led to finding quality individuals in key positions, APRA said. Many RSEs approach it as a "compliance exercise" that does not ultimately ensure the responsible persons have appropriate qualifications and experience. "This outcome ...

ATO demands crypto data

ELIZABETH MCARTHUR  |  TUESDAY, 30 APR 2019
... superannuation obligations - particularly in relation to cryptocurrency transactions. It said it wants to promote voluntary compliance amongst those involved with cryptocurrency while also identifying and educating those who may be failing to meet their ...

Design and distribution law set to impact property funds

ELIZABETH MCARTHUR  |  MONDAY, 29 APR 2019
... of the Act is disappointing to many unlisted retail property funds in the industry. "PFA believes the Act mandates a compliance regime which could see managers shun retail products and favour wholesale products, limiting the choices available to retail ...

New fund administrator enters Australian market

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
A Dublin-based software provider specialising in unit linked investment administration and compliance oversight is entering the Australian market. Financial Risk Solutions first moved into the Asia region in 2018, assisted by its acquisition by Constellation ...

Former NAB adviser charged

JAMIE WILLIAMSON  |  TUESDAY, 23 APR 2019
... thing by its customers. "We sacked Mr Eung on 20 December, 2016 after a routine security process identified serious compliance concerns. We reported the events to the NSW police, notified ASIC and have fully cooperated with their investigation," the ...

Sargon named trustee for new super fund

HARRISON WORLEY  |  TUESDAY, 23 APR 2019
... for their life insurance with their super. PPS Mutual director of proposition Matthew Pilcher said Sargon's "strong compliance culture" saw it selected for the task. "Sargon is helping PPS Mutual navigate the complex and changing regulatory environment ...

Advisers loyal to XPLAN: Report

KARREN VERGARA  |  WEDNESDAY, 17 APR 2019
... reflect the shift to a goals-based advice process in tandem with the need to deliver enhanced process efficiency and compliance automation." XPLAN has actively released new functionality to improve user experience and released a portal to help advisers ...

Superannuation bills on hold

KARREN VERGARA  |  MONDAY, 15 APR 2019
... guarantee amnesty for non-compliant employers. It aims to encourage employers to voluntarily disclose historical SG non-compliance and pay employees' full entitlements, including individual shortfall, nominal interest, and any related general interest ...