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Showing 2871 - 2880 of 28255 results for "NOT"

AustralianSuper engages TAL to create retirement option

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... may benefit from a lifetime income option supplementing an account-based pension and Age Pension. "A lifetime income option not only ensures members, and their partners, are able to have an income as they live, it may also enable a higher Age Pension ...

ASIC ends legal battle: Provide Capital's appeal quashed

ANDREW MCKEAN  |  MONDAY, 18 MAR 2024
The Federal Court has dismissed an appeal by Provide Capital; it must now comply with a notice issued by ASIC to produce documents and pay the regulator's legal costs. ASIC had previously served a notice on Provide Capital to produce documents as part ...

Mayfair 101 regains control of assets, liquidators abandon claims

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
... group's balance sheet but had failed to account for a corresponding change in liabilities, which meant the net position had not changed and the assets in question were actually paid for." "However, the trustee and liquidators did not accept they ...

Government dawdling on paid parental leave super: Greens

ANDREW MCKEAN  |  MONDAY, 18 MAR 2024
... the need to pass legislation and set up systems to facilitate the payment. "We need to get the systems in place. It's not as straightforward as people might think," she said. "It's going to be paid as an annual payment in arrears to the super funds." ...

Majority comply with IDR reporting: ASIC

KARREN VERGARA  |  MONDAY, 18 MAR 2024
... licensee". Anderson points out that one important aspect of the IDR from an advice firm point of view is that most advisers do not get any complaints. "They go a whole year without any complaint. Unfortunately, one of the elements of this legislation ...

Advised investors spurring SMSF rebound

ELIZA BAVIN  |  MONDAY, 18 MAR 2024
... appeared to diversify and minimise volatility from their portfolios. "The complexity of managing a SMSF portfolio underscores not just the importance of professional counsel - but also the need for advisory practices to continually invest in technology ...

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
... are platforms or have large portions of their funds that are. Mercer said it expects this to significantly decline, though not the assets managed through platforms. "It is likely that these 'surviving' platforms will be those that see a path to profitability ...

Court dismisses ASIC lawsuit against Finder

KARREN VERGARA  |  FRIDAY, 15 MAR 2024
... authorisation and therefore without the benefit of important consumer protections." Justice Markovic concluded that "ASIC has not established that the Finder Earn product is a debenture within the meaning of a s 9 of the Corporations Act." "As each of ...

ATO refers SMSF auditors to ASIC

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
... requirements." Between 1 October 2023 and 31 December 2023, ASIC acted against nine SMSF auditors where it believed they did not meet the required standards, including concerns with compliance and assurance standards, independence, registration conditions ...

AFCA secures $40m in refunds

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... worked to ensure consumers were remediated fairly and appropriately," the report said. "In cases where a financial firm did not engage with AFCA or take steps to resolve the systemic issue, we referred the matter to the appropriate regulator." In addition ...