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Search ResultsShowing 11 - 20 of 100+ results for "Regulatory"
Hume calls out ERS fake news
ELIZABETH MCARTHUR  |  MONDAY, 27 JUL 2020
... be excluded from obtaining life insurance cover. McCormack said he was encouraged that it looked like the "door to regulatory reform is more open" that it had been previously. Mu agreed with Hume that he hopes to see more early intervention and the ability ...
Calls for broad default life insurance system
ELIZA BAVIN  |  MONDAY, 27 JUL 2020
... services and channels," the report said. "Unfortunately, at the moment, the opposite is the case. Recent policy and regulatory changes and others currently being consider threaten to make insurance harder for Australians to access." It said for many ...
New class action regulations slammed
ALLY SELBY  |  FRIDAY, 24 JUL 2020
... boards, Class Actions Australia said. Similarly, during the hearing, Professor Sulette Lombard argued that additional regulatory oversight would not generate the optimal outcome for the judicial system. "I do have concerns on the emphasis on securities ...
Netwealth launches Milliman managed accounts
ANNABELLE DICKSON  |  FRIDAY, 24 JUL 2020
... "Financial advisers were already facing a raft of challenges, as the industry undergoes significant adjustments and regulatory requirements such as the Best Interest Duty were resulting in a greater focus on the fees and benefits of investment solutions ...
NULIS calls for clearer regulatory definitions
ELIZA BAVIN  |  FRIDAY, 24 JUL 2020
... NULIS said it intends to explore opportunities to enhance its intra-fund advice offering, but requires more concise regulatory definitions before it can proceed. In a written response submitted to the House of Representatives Standing Committee on Economics ...
UBS to cough up $14m over bond bungle
ALLY SELBY  |  THURSDAY, 23 JUL 2020
UBS will cough up more than $14 million (US$10 million) after the US Securities and Exchange Commission found it had violated rules giving retail investors priority in municipal bond offerings. According to the SEC, UBS improperly allocated bonds intended ...
ASIC will not appeal wagyu and shiraz decision
ANNABELLE DICKSON  |  THURSDAY, 23 JUL 2020
... additional time it would take to resolve during the current economic environment. ASIC will now review its updated regulatory guidance RG 209 (credit licensing: responsible lending conduct) and will consider what implications the Federal Court decision ...
Westpac nabs Deutsche Bank executive
ELIZA BAVIN  |  THURSDAY, 23 JUL 2020
... specific date of commencement has been set, Westpac said he is due to step into the role later this year, subject to regulatory approvals. Miller is replacing Lyn Cobley , who had held the role for five years and announced her retirement at the end of ...
US considers restricting ESG in pensions
ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JUL 2020
The US Department of Labor (DOL) is considering imposing strict rules on how pension funds invest, which could see the scope for ethical and responsible investing limited. The DOL has proposed an amendment to the Employee Retirement Income Security ...
12 charged in $17m fraud
ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
... processes relating to tax debts. The Australian Securities and Investments Commission will target corporate compliance and regulatory issues." ATO assistant commissioner Aislinn Walwyn, who leads the agency's operational activity said that the arrests ...
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