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Showing 271 - 280 of 1327 results for "AFFECTED"

ASIC takes on NAB for fee-for-no service breaches

KARREN VERGARA  |  FRIDAY, 18 JUN 2021
... said. He argued that NAB's remediation programs are limited and not comprehensive and do not cover all of the clients affected. In 2018, the Hayne Royal Commission heard NAB and its two trustees, NULIS Nominees and MLC Nominees, breached the Corporations ...

CFAs not immune to pay cuts

KANIKA SOOD  |  TUESDAY, 8 JUN 2021
... There were not significant differences by gender or years of experience." The roles whose total compensation was most affected between January 2020 to the April/March survey were investment consultants (34% of respondents affected), compliance analysts ...

AMP sued for charging dead clients

JAMIE WILLIAMSON  |  THURSDAY, 27 MAY 2021
... that a total of 9308 deceased members had been impacted since 2011. AMP later told ASIC it was 10,155 accounts that were affected. In a statement to the ASX, AMP confirmed a remediation program commenced in 2019 found breaches dated back to 2011. The ...

NAB denies underpaying full-time workers

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
... FSU estimates that 58,000 workers are entitled to unpaid wages. It has been putting the pressure on NAB to remediate affected workers as quickly as possible, urging union members audit their pay to make sure they are being paid correctly. NAB calculates ...

UBS, Nomura cop fines over bond cartel

KANIKA SOOD  |  TUESDAY, 25 MAY 2021
... multilateral chatrooms on Bloomberg terminals. It went on during the financial crisis, between 2007 and 2011. EC says it affected the entire European Economic Area. In all seven banks were involved, but four were not fined. NatWest avoided a $410 million ...

ECPI draft legislation released

ANNABELLE DICKSON  |  MONDAY, 24 MAY 2021
... certificate when calculating ECPI using the proportionate method. "These reforms will reduce costs and simplify reporting for affected superannuation funds," Hume said. The changes to ECPI were first flagged in the 2019/20 budget and submissions on the ...

Aussie charities robust prior to COVID

KARREN VERGARA  |  WEDNESDAY, 19 MAY 2021
... the significance of the COVID-19 pandemic and the catastrophic 2020 bushfires. These major events are likely to have affected the sector and we will have a clearer picture of that in our next annual data analysis," Johns said.

No early super release for DV survivors

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... Among other things, the government will provide $164.8 million over three years in financial assistance and support to affected women. This will include a two-year trial of a program that will run through to 30 June 2023 providing women with up to $5000 ...

What to expect from the budget

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
... because of the abolition of the low and middle income tax offset. Tax rises will be between $255 and $1080, with the worst affected earning between $48,001 and $90,000 per annum," he said. "It was clear that this would happen at the time of the last ...

Grant Thornton sells private wealth division

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
... of critical importance for the Australian arm to comply with. "The sale of this business ensures that the firm is not affected by providing direct or indirect investment recommendations on clients or potential clients," Grant Thornton said. "As a standalone ...