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Showing 141 - 150 of 2133 results for "Rule"

ALRC should prioritise advice regulations: FPA

CASSANDRA BALDINI  |  THURSDAY, 8 DEC 2022
The Financial Planning Association of Australia (FPA) has said the Australian Law Reform Commission (ALRC) should prioritise advice regulations in its ongoing review of financial services law. In its latest submission to the ALRC review of the Legislative ...

Mercer identifies investment opportunities for 2023

ANDREW MCKEAN  |  TUESDAY, 6 DEC 2022
... said. As such, the report stated that a shift to assets targeting longer-term inflation-sensitive revenues may be a sensible rule of thumb for investors to consider. "Natural resource stocks provide such revenues, and - despite the performance of underlying ...

Super fund reporting requirements 'a dog's breakfast'

ANDREW MCKEAN  |  THURSDAY, 24 NOV 2022
Assistant treasurer and minister for financial services Stephen Jones has doubled down on overhauling transparency requirements so members can access clearer, more meaningful, and more consistent information about their fund. "Decades of scattergun ...

Goldman Sachs charged over ESG failures

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022
... allowed US-based retirement plans to consider climate change and other ESG factors in their investment processes. The new rule clarifies the ways in which ESG and climate change can be integrated into investment decisions like asset allocation and proxy ...

New rules on the way for BNPL sector

JAMIE WILLIAMSON  |  TUESDAY, 22 NOV 2022
The government is looking to implement stricter regulation for the buy now, pay later industry, releasing an options paper for consultation. According to minister for financial services Stephen Jones, the number of active BNPL accounts grew from five ...

YFYS manipulation leaves members worse off: ISA

ANDREW MCKEAN  |  WEDNESDAY, 16 NOV 2022
Industry Super Australia (ISA) says the Your Future, Your Super performance test results show many poor performing super funds, particularly retail, have gamed the system, leaving members worse off. "Dud super funds manipulate fees and reclassify investment ...

Stapling's consequences must be addressed: Cbus

ANDREW MCKEAN  |  MONDAY, 14 NOV 2022
... delivering better long-term outcomes for members," Cbus said. As such, Cbus is advocating for an exception to the stapling rule for workers in hazardous occupations. The fund believes this will mitigate the risk of these workers paying premiums for no ...

Super heads support capping retirement balances

ANDREW MCKEAN  |  THURSDAY, 10 NOV 2022
... restrict the retention of extremely large balances in super, he said it needs to be handled carefully, ensuring that any rule changes allow adequate time to manage the restricting required.

QAR leaves insurance commissions alone

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
A new paper from the Quality of Advice Review recommends life insurance commissions be retained, but additional disclosure rules be introduced to ensure clients consent to the payments. In August, the first proposals paper from the Quality of Advice ...

ASIC welcomes second ASX market resilience consultation

CASSANDRA BALDINI  |  TUESDAY, 1 NOV 2022
ASIC has welcomed the latest ASX industry consultation on improving market resilience, following the exchange's outage in November 2020. The consultation paper covers potential future ASX capabilities to enhance market resilience, with submissions to ...