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Showing 181 - 190 of 1074 results for "Commissioner"

ASIC releases guidance on super, retirement calculators

ANDREW MCKEAN  |  TUESDAY, 5 JUL 2022
... ASIC's relief are exempt from certain regulatory requirements related to providing personal financial advice." ASIC commissioner Danielle Press stated: "Superannuation calculators and retirement estimates are important tools that can help consumers engage ...

ASIC urges market to improve outage resilience

CASSANDRA BALDINI  |  WEDNESDAY, 29 JUN 2022
... test cases and practice recovery strategies or switching to alternative arrangements for critical dependencies. ASIC commissioner Danielle Press said despite progress and the market balancing changes and volatile trading conditions, there is considerably ...

Former adviser charged over faked books

CHLOE WALKER  |  TUESDAY, 28 JUN 2022
... for reasons including that he did so while licensed under two different groups. Commenting on the sanction, ASIC commissioner Danielle Press said: "Financial advisers have a critical role to play in helping consumers make confident and informed decisions ...

Performance test comms criticised

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
... union representative body, so our concerns were communicated more generally throughout the industry," ASIC said. ASIC commissioner Danielle Press said the performance test supports transparency of product performance for members so they can make more ...

ASIC helps issuers avoid greenwashing

CASSANDRA BALDINI  |  TUESDAY, 14 JUN 2022
... and efficient market outcomes here. Misdirected investment here will inevitably be at great economic cost." ASIC commissioner Sean Hughes added the area remains a primary focus. "ASIC is continuing to monitor the market and will be looking for misleading ...

Calls for Indigenous super beneficiary changes renewed

ANDREW MCKEAN  |  MONDAY, 30 MAY 2022
... their death. Scheerlinck said: "In 2019 Treasury held a consultation on this issue, which was also identified by Commissioner Hayne during the Royal Commission. There have been no developments here and we will lobby the new government to reprioritise ...

Modern Slavery Act needs strengthening: Panel

RACHEL ALEMBAKIS  |  THURSDAY, 14 APR 2022
... into the US because of instances of modern slavery in their manufacture. Carlsson said that a federal Anti-Slavery Commissioner is a "good first step." New South Wales has brought in an independent Anti-Slavery Commissioner for its version of the modern ...

Government welcomes ATO family trust guidance

CHLOE WALKER  |  TUESDAY, 12 APR 2022
... process. Sukkar also highlighted the significant decision handed down on April 6 by the High Court of Australia in Commissioner of Taxation v Carter. "The decision concerned the effect, under tax law, of a beneficiary 'disclaiming' a distribution from ...

ASIC pushes super governance improvements

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 APR 2022
... "Appropriate governance is integral to maintaining consumer trust and confidence in the superannuation industry," ASIC commissioner Danielle Press said. "This is not something you can set and forget. Trustees must have conflict management arrangements ...

Greater independence for TPB

ELIZABETH MCARTHUR  |  MONDAY, 28 MAR 2022
... in the regulation of tax practitioners," assistant treasurer Michael Sukkar said. "The government has secured the Commissioner of Taxation's agreement to delegate the power to appoint the TPB's chief executive to the TPB chair. This means decisions about ...