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Showing 1661 - 1670 of 1802 results for "Regulation 2014"

Choice regulations offer no surprises as consultation moves to next phase

The government will seek the next phase of public comment into the choice of fund regulation. "This is about making sure we consult with employers, employees and industry groups and to make sure the transition to choice is a smooth one", said Minister ...

Russell wins $700m NewsSuper fund

Russell Investment Group has struck the largest outsourcing deal to a master trust with News Limited signing Russell to manage its 8,000 member, $700 million corporate fund. The transition of the funds will be completed by 31 March of this year with ...

ASIC releases policy and extends deadline on dollar disclosure

ASIC has issued Policy Statement 182 'Dollar Disclosure' as a guide to how providing entities and product issuers can comply with the dollar disclosure regime. The statement also outlines provisions of relief under the rule and has extended the deadline ...

ASIC assesses churning and misselling

ASIC has announced its intention to examine how well financial advisers are complying with new legislation regarding advice to switch financial products. The Financial Services Reform Act introduced a number of obligations to discourage financial advisers ...

ASIC bans accountant for good

ASIC has banned Ramon Osborne from providing financial services permanently because he is insolvent under administration and the regulatory authority had serious concerns over his ability to comply with financial service laws in the future. Osborne ...

Guidance on SOAs from ASIC

ASIC has provided guidance on Statements of Advice (SOAs) to help Australian financial services licensees fulfil their obligations under the Corporations Act 2001. The guide is aimed at addressing both content and presentation deficiencies discovered ...

Debt collection protection

With the levels of personal and household debt on the rise, ASIC and the Australian Competition and Consumer Commission (ACCC) have jointly released a manual defining their respective roles in the regulation of debt collection. While both bodies recognise ...

APRA ousts trustee of Melbourne super fund

The Australian Prudential Regulation Authority (APRA) has removed Reno Auto Sales as the corporate trustee of the Smith Group Superannuation Fund after the trustee was found to be operating the fund not in compliance to the requirements of the SIS Act. ...

Reporting requirement relief for employer-sponsored super products

ASIC has eased the reporting requirements under the Corporation Act 2001 for certain employer-sponsored superannuation products relating to lodging 'in-use' notices to the regulatory body. Currently a Product Disclosure Statement (PDS) or Supplementary ...

ASIC moves in on unlicensed operators

ASIC has stepped up the second phase of its compliance campaign to remove unlicensed entities from operating in the financial services sector. The first phase of ASIC's campaign involved the transition of old law licensees to the new licensing regime. ...