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Showing 1901 - 1910 of 3919 results for "law"

PJC doubts life insurance industry can self-regulate

KARREN VERGARA  |  WEDNESDAY, 28 MAR 2018
... protection available to life insurance consumers is "substantially weaker" and should be aligned with Australian Consumer Law. "This leads to confusion for consumers in understanding and asserting their rights. The committee also considers that the inconsistent ...

Royal Commission could lead to credit crunch: UBS

ALEX BURKE  |  WEDNESDAY, 28 MAR 2018
Recent UBS commentary suggests one plausible scenario where the knock-on effects of the Royal Commission could lead to a "credit crunch" scenario. In an update co-authored by analysts Jonathan Mott and Rachel Bentvelzen as well as economists George ...

Victims of crime to receive super access

JAMIE WILLIAMSON  |  TUESDAY, 27 MAR 2018
The Federal Government is working to give victims of horrific crime an ability to access the superannuation balances of perpetrators. Speaking outside Parliament House yesterday, Minister for Revenue and Financial Services Kelly O'Dwyer said the Government ...

ABA makes new code compulsory

KANIKA SOOD  |  MONDAY, 26 MAR 2018
... Banking Code of Practice, which is currently awaiting ASIC's nod of approval. The new code will be binding, enforceable by law and will be monitored by an independent body, ABA chief executive Anna Bligh said. "In the past it was up to each individual ...

CBA and AUSTRAC agree to mediate

ALEX BURKE  |  FRIDAY, 23 MAR 2018
At the request of both parties, the Federal Court has referred the proceedings between CBA and AUSTRAC to mediation. The Court's decision also requires AUSTRAC to file and serve any reply to CBA's amended response by April 6 and set a timetable for ...

Former Provident Capital MD still banned but allowed procedural fairness

DARREN SNYDER  |  THURSDAY, 22 MAR 2018
... Nye Perram found an error was made in O'Sullivan's AAT hearing on 2 May 2017. "ASIC accepted the AAT had made an error of law by failing to respond to articulated arguments concerning a further statement of agreed facts and related submissions filed ...

FASEA releases draft degree equivalence, Code of Ethics

JAMIE WILLIAMSON  |  TUESDAY, 20 MAR 2018
... Ethics will be required. With the related fields comprising accounting, financial planning or advice, business, commerce, law and economics degrees FASEA said all advisers with these degrees will be eligible for the relevant bridging course, no matter ...

Government reappoints ASIC executives, creates new role

KANIKA SOOD  |  MONDAY, 19 MAR 2018
... greater flexibility to manage the breadth of ASIC's new powers and increased responsibilities resulting from recent and upcoming law changes. It will also bring ASIC into line with the structure of the Australian Competition and Consumer Commission (ACCC)," ...

ANZ halts asset secured loans to retail customers

KANIKA SOOD  |  MONDAY, 19 MAR 2018
ANZ will stop issuing new secured asset finance loans to retail customers, as the bank conducts an internal review of the business. New loans will cease from 30 April. "Given the increased technology costs required to effectively compete in the secured ...

Super industry wants tougher insurance code

KARREN VERGARA  |  MONDAY, 19 MAR 2018
... cover needs more attention; as does default insurance through MySuper. Rowell also told the Superannuation Committee of the Law Council of Australia that the code's enforceability and oversight must be strengthened. It has been in development since November ...