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Showing 1861 - 1870 of 6733 results for "Review"

Adviser levy to increase by 160%

ELIZABETH MCARTHUR  |  FRIDAY, 5 MAR 2021
... supervision and remediation of historic advice deficiencies at the big banks. The advice bodies are calling for the government to review the industry funding model, reduce the levy, fund ASIC from consolidated revenue and ensure ASIC's industry funding ...

Chief economist update: More manna from UK Treasury

BENJAMIN ONG  |  FRIDAY, 5 MAR 2021
... to support the economy in response to coronavirus. Taking into account the significant support announced at the Spending Review 20, this means our total COVID support package, this year and next, is £352 billion," he said. "Once you include the measures ...

ASIC takes action against Rest

JAMIE WILLIAMSON  |  TUESDAY, 2 MAR 2021
... to every current and former member during the period via email; an advertisement in The Australian, Australian Financial Review and one daily newspaper in each state and territory on a weekday and on the following Saturday as agreed with ASIC; and that ...

Industry fund reviews DB payments

KARREN VERGARA  |  TUESDAY, 2 MAR 2021
... in this process," they said. Statewide declined to comment on how many accounts are affected and the total amount under review. South Australia's The Advertiser reported that the probe involves 180 accounts totaling about $1.9 million. D'Alessandro and ...

Australia to echo UK advice growth

ANNABELLE DICKSON  |  TUESDAY, 2 MAR 2021
... UK-based financial advice technology provider referred to various reforms in the UK, such as the 2012 Retail Distribution Review and General Data Protection Regulation in 2018, which saw financial adviser numbers fall and firms leaving the space. However ...

ASIC drags CommSec to court

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
... out in the SOAFAC." CommSec and AUSIEX have entered into a compliance agreement with the regulator. This will involve a review by an independent expert. Among the issues raised on best execution policy disclosures, ASIC found and CommSec admitted that ...

Industry fund ups life insurance premiums

JAMIE WILLIAMSON  |  MONDAY, 1 MAR 2021
Members of a $6.7 billion industry superannuation fund will soon see their group insurance premiums rise. LUCRF Super has informed members the cost of death and total and permanent disability, and death only cover as provided by OnePath will go up on ...

Possible delay for SG rise: Hume

ANNABELLE DICKSON  |  MONDAY, 1 MAR 2021
... for superannuation, financial services and the digital economy Jane Hume reiterated the findings of the Retirement Income Review whereby the current SG rate is more beneficial for Australians. "People who are currently in their working lives and contributing ...

ACCC merger reforms may impact super industry

ELIZA BAVIN  |  FRIDAY, 26 FEB 2021
The competition watchdog has accelerated merger activity in the superannuation sector in its sights as it becomes increasingly concerned about lack of competition in financial services. Australian Competition and Consumer Commission (ACCC) chair Rod ...

AMP and Ares enter JV

ANNABELLE DICKSON  |  FRIDAY, 26 FEB 2021
... AMP Capital for our shareholders," they said. The proposed transaction will mark the conclusion of AMP's portfolio review. Both firms will enter into a 30-day period of exclusivity as they work towards a binding transaction. "We are excited to further ...