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Showing 151 - 160 of 1620 results for "Review of"

Jones instigates CSLR review, levy hits $70m

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
... Scheme of Last Resort (CSLR) for the next financial year - breaching the $20 million cap - Treasury is now calling for a review of the controversial scheme. The CSLR today released its FY26 levy estimates and blamed the failures of Dixon Advisory & Superannuation ...

The regulatory pendulum has swung too far: FSC

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
... for low-risk investments into Australia and reviewing and simplifying the Compensation Scheme of Last Resort (CSLR). A review of the CSLR was announced today. "The fact is the growing cost of the CSLR makes the profession more unattractive for advisers ...

ASIC calls out super trustees over 'weak' anti-scam practices

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... administrator undertook basic interventions, such as engaging with members over scams," the letter said. ASIC's review of 15 superannuation trustees also revealed they lacked many of the foundational anti-scam practices that ASIC has identified in ...

Super failures, greenwashing: ASIC's key issues in 2025

ELIZA BAVIN  |  TUESDAY, 28 JAN 2025
... and 2023 complaints about superannuation funds' service provisions doubled. ASIC said it would publish findings from a review of member services and will not hesitate to take enforcement action where appropriate. The regulator also said it would take ...

Financial services deregulation boosts economy by $2bn: FSC

KARREN VERGARA  |  WEDNESDAY, 22 JAN 2025
... and lower-cost products. The Federal Election Policy Priorities report also points to implementing an evidence-based review of the tax system, instead of piecemeal tinkering with superannuation taxes. At 30%, Australia's company tax rate is uncompetitive ...

FAAA accuses government of crucial CSLR failure

MATTHEW WAI  |  THURSDAY, 16 JAN 2025
... in its obligations when introducing the Compensation Scheme of Last Resort (CSLR) by skipping a key step. Following a review of documents the FAAA obtained via Freedom of Information requests, the FAAA said it appears an Impact Analysis of the scheme ...

Major climate group suspends operations

ROSE MARY PETRASS  |  TUESDAY, 14 JAN 2025
... and different regulatory and client expectations in investors' respective jurisdictions have led to NZAM launching a review of the initiative to ensure NZAM remains fit for purpose," the initiative said in a statement. In a letter to clients last week ...

Platinum AUM inches to $11bn

KARREN VERGARA  |  FRIDAY, 10 JAN 2025
... and has so far illustrated momentum in the areas of cost control, remuneration redesign, product rationalisation and a review of the investment process, all initiatives designed to stabilise and reset the business in order to return to a growth footi ...

HPI rethinks Hostplus, Charter Hall takeover

KARREN VERGARA  |  MONDAY, 23 DEC 2024
... acquisition bid. Charter Hall and Hostplus told HPI they intend to be active major securityholders and will conduct a review of HPI's portfolio and management, as well as its distribution and capital management policies. "There is a risk that the ...

Trustee valuation processes 'concerning': APRA review

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2024
... staff members whose remuneration is tied to asset values in the process. APRA has released the findings of its thematic review of trustees' implementation of Prudential Standard SPS 530 Investment Governance, which was updated in January 2023. The review ...