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Showing 11 - 20 of 71 results for %22Privacy Act%22

Consultation opens on crypto regulation bill

ANDREW MCKEAN  |  MONDAY, 19 SEP 2022
... in conjunction with wider developments in the CBDC space, if we are to pre-empt the risks of currency substitution and privacy breaches. Transparency is part of the solution." Responding to the Bill, Labrys founder and chief executive Lachlan Feeny said ...

Super fund documents unreadable: Study

JAMIE WILLIAMSON  |  FRIDAY, 29 OCT 2021
... Australians read at a tertiary education level, the researcher said. The document with the best grade level was QSuper's privacy policy which would likely be easy to read for members that completed Year 10. However, at 10.6 it is still well short of ...

AFA slams new SOA measures

KARREN VERGARA  |  WEDNESDAY, 7 JUL 2021
... adviser and contains personal information that should not be shared with trustees. He fears the review may breach the Privacy Act and adds another layer of administration. For the regulators to make trustees review client SOAs is "confusing, and a matter ...

ASIC releases fee consent instrument

ELIZABETH MCARTHUR  |  THURSDAY, 25 MAR 2021
... by respondents in relation to fee consents were the duplication of information, complexity of information requirements, privacy concerns when passing on consent and the level of prescription in the written consent. Stakeholders also expressed concerns ...

AustralianSuper breached member's privacy: Regulator

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
... ordered to audit certain procedures, after a member's complaint to a federal regulator found the fund interfered with their privacy. The Office of the Australian Information Commissioner (OAIC) on December 16 delivered a judgement on a complaint that ...

What you read in 2020

JAMIE WILLIAMSON  |  FRIDAY, 18 DEC 2020
... responsibilities as trustee of your superannuation seriously and you can rest assured your retirement savings, data and privacy have never been at risk." 10. Merged First State Super reveals new brand (July 15) Following its merger with VicSuper, the ...

US regulator, states sue Facebook

JAMIE WILLIAMSON  |  THURSDAY, 10 DEC 2020
... overnight, claiming Facebook has used an "unlawful scheme" and illegal monopoly power to suppress competition and degrade privacy protections. The FTC said Facebook is "illegally maintaining its personal social networking monopoly through a years-long ...

Calls for consent forms, opt-ins to be scrapped

ELIZABETH MCARTHUR  |  TUESDAY, 18 AUG 2020
... represents a formal complaint by the clients about ASIC and states that the fee consent form is an invasion of client privacy that will not be accepted. The clients allegedly said they will not accept an increase in duplicated compliance and the $1400 ...

De Ferrari refuses to discuss Wade

ELIZABETH MCARTHUR  |  THURSDAY, 13 AUG 2020
... have achieved." Later De Ferrari offered some explanation for his refusal to comment. He said he needed to protect the privacy and confidentiality of the matters: "Because I need to have an environment where our employees feel confident and safe to speak ...

Regulatory, legal exam questions trip up advisers

ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
... candidates. The exam's testing of advice documentation requirements, the difference between personal and general advice, the Privacy Act and Anti-money Laundering Act were among the areas where advisers were most likely to underperform. Understanding ...