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Showing 261 - 270 of 1618 results for "Review of"

ASIC nudges trustees on member fund compliance

ANDREW MCKEAN  |  TUESDAY, 27 JUN 2023
... appealing for superannuation trustees to adhere to their legal responsibilities concerning member funds following a review of 12 trustees. A recent review by ASIC revealed that most aren't meeting their legal responsibilities for managing incoming member ...

TelstraSuper introduces new option, drops premiums

JAMIE WILLIAMSON  |  MONDAY, 26 JUN 2023
... secured by property. Elsewhere, members will also benefit from reductions to their income protection premiums. Following a review of its arrangements with MLC Life, TelstraSuper said income protection premiums will come down as much as 30% for some members. ...

Senate report labels PwC breach calculated, deliberate

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
... the seriousness of the issue, hoping that standing down its chief executive, Mr Seymour, and announcing the Switkowski review of PwC Australia's culture, governance, and accountability, would suffice to assuage public concern," it said. "... the ...

Advance Asset Management ceases direct distribution

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
... distribution strategy. In a statement to Financial Standard, Mercer said the change in distribution strategy follows a recent review of the products and was deemed to be in the best interests of investors. It also said the decision is not related to ...

Labor advances super performance test changes

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... Infrastructure 50/50 100% Hedged to AUD Net Tax (Super) Index. Jones flagged the changes in April when he released his review of the Your Future, Your Super laws. "The updated test will address unintended consequences identified in the Your Future, Your ...

Treasury to scrap advice admin burdens, boosts intra-fund advice

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... (Recommendations 13.7 - 13.9) will have to provide standardised consumer consent requirements. Jones will defer the review of time-sharing schemes (Recommendation 13.6), until Treasury's review into the regulatory framework for managed investment ...

Suncorp wage scandal comes to a head

ANDREW MCKEAN  |  FRIDAY, 9 JUN 2023
... redundancy, payments in lieu of notice, meal allowances, and superannuation were all impacted. Following an internal review of pay and leave practices, along with rostering systems, Suncorp unearthed systemic underpayments. The bank reported itself to ...

Vanguard reduces fees on VAS

CASSANDRA BALDINI  |  THURSDAY, 8 JUN 2023
... Shares Index ETF (VAS) from 0.10% to 0.07% per annum. The fee change will be effective from July 3 and follows a periodic review of Vanguard's pricing and funds. "At Vanguard we regularly assess our product offer against our commitment to deliver ...

ASIC bans former Madison adviser

CASSANDRA BALDINI  |  TUESDAY, 6 JUN 2023
... The ban was put in place last September, however Vick applied to the Administrative Appeals Tribunal (AAT) to seek a review of ASIC's decision, as well as stay and confidentiality orders. The AAT refused his applications for stay and confidentiality ...

Treasury hands PwC tax scandal to AFP

CASSANDRA BALDINI  |  THURSDAY, 25 MAY 2023
... fallout. Last week it was announced that former Telstra boss Ziggy Switkowski had been picked to lead an independent review of the firm following the matters at hand. Switkowski was named alongside PwC's own Tony O'Malley who was appointed chief ...