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Showing 11 - 20 of 3527 results for "Law"

Fidelity appoints new managing director

ELIZA BAVIN  |  THURSDAY, 29 AUG 2024
Fidelity International has appointed Simon Glazier as managing director, Australia, with effect from 1 September 2024. In his new role, Glazier will be responsible for delivering continued growth for Fidelity's business in Australia, and further strengthening ...

South Africa readies 'two pot' pension system

MATTHEW WAI  |  WEDNESDAY, 28 AUG 2024
On September 1, South Africa's new pensions system will be introduced, allowing individuals to access some of their retirement savings in times of need. Earlier this year, the government of South Africa passed the Revenue Laws Amendment Bill of ...

Australians robbed of super savings

ANDREW MCKEAN  |  WEDNESDAY, 28 AUG 2024
Australians are being cheated out of $5.1 billion annually in superannuation, according to an analysis from the Super Members Council. SMC modelling showed that nearly three million people were denied $5.1 billion in superannuation entitlements in just ...

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... up our approach with a strong appetite for taking enforcement action where required to ensure that entities comply with the law and the community is protected." On the policy side, Lonsdale said APRA is in a position where it has built up the strength ...

Vale Greg Bright

JAMIE WILLIAMSON  |  TUESDAY, 27 AUG 2024
... be missed, as will he. He is survived by his wife Christine, his children Sophie, Phoebe, Eddie and Christian, daughter-in-law Tia, and grandchildren Tayla and Toby.

BUSSQ fights back against regulatory imposition

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
BUSSQ will challenge what it calls "unnecessary and potentially impractical" licence conditions imposed by APRA, which were sparked by allegations of serious misconduct within the CFMEU and concerns about its potential impact on the super fund. The ...

ASIC wins case against crypto exchange Kraken

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... requirement for financial products to be distributed to consumers appropriately. Consumers should receive the full protection of the law when dealing in crypto-asset products and we'll continue to take action to ensure this happens," Court said. ...

Regulators given new powers to protect financial markets in crises

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
The government has passed legislation that will put in place new powers for regulators to protect financial market infrastructure in the event of a crisis. Treasurer Jim Chalmers said the new laws will provide regulators with more powers to manage financial ...

New bill seeks to block investments involving Cbus

ANDREW MCKEAN  |  THURSDAY, 22 AUG 2024
... "further risks the integrity of taxpayer funds locked in the misguided scheme." He also noted even before the scheme became law, Cbus chair Wayne Swan committed $500 million to the HAFF in November 2022. Swan said at the time that Cbus has a long history ...

Super's board requirements are sound: SMC

ELIZA BAVIN  |  TUESDAY, 20 AUG 2024
... them to their fund members. "That member-service ethos is reflected in the equal representation model." Schubert said the law requires all trustees to operate to the highest standards of governance and performance and there is no evidence that a change ...