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Showing 291 - 300 of 2706 results for "protection"

UK announces new Pension Schemes Bill

JAMIE WILLIAMSON  |  THURSDAY, 18 JUL 2024
... schemes, reaffirming the Pensions Ombudsman as a competent court, and amending the Special Rules for End of Life (Pension Protection Fund and Financial Assistance Scheme) to extend the definition of 'terminal illness' to allow eligible members ...

BitConnect promoter hit with good behaviour

KARREN VERGARA  |  TUESDAY, 16 JUL 2024
The promoter of BitConnect who pleaded guilty to spruiking a fraudulent scheme has been handed a good behaviour order and escaped jail time. The District Court of New South Wales ordered John Bigatton on good behaviour for three years, starting from ...

Bitcoin ETF price war: VanEck, Monochrome cut costs

ANDREW MCKEAN  |  FRIDAY, 12 JUL 2024
... only Bitcoin ETF in Australia licenced under a retail crypto asset AFSL authorisation. "These crypto-centric investor protection rules were put in place to safeguarding investors from the nuances of crypto asset investments. This distinction sets our ...

MetLife refreshes two products

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
... Smart Future Trust. Changes that affect both products include an additional 60-day waiting period option for income protection for all benefit periods and eligible occupations. The monthly income protection benefit calculation now includes bonuses, meaning ...

First advice reform bill passes parliament

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
The first tranche of the Delivering Better Financial Outcomes (DBFO) legislation passed both the upper and lower houses yesterday. Treasury Laws Amendment (Delivering Better Financial Outcomes and Other Measures) Bill aims to reduce red tape for financial ...

iExtend receives AFSL after lengthy wait

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... This provides a pathway for how innovation such as iExtend can best participate in this industry and within a consumer protection focused framework." iExtend enters a co-ownership agreement with life insurance policyholders under which it pays some premiums ...

Committee calls for 'sick agency' ASIC to be split in half

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... and the outcomes of the regulators' handling of those reports. This would be similar to the US Consumer Financial Protection Bureau's approach, it noted. The committee also want ASIC to develop a long-term public reporting framework that quantifies ...

Channel Capital, Arnott Capital set up strategic partnership

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
... offers our clients a genuine source of alpha with low correlation to traditional asset classes, a focus on downside protection, and the flexibility to capture opportunities across a variety of market environments," he said. "Absolute return funds like ...

Australian wealth rises to $16.2tn

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... Keith said private credit, or non-bank loans, could offer investors a relatively attractive income stream and capital protection through stringent loan process, along with the security taken over borrower assets. "Private credit can deliver investors ...

Unprecedented vulnerabilities in financial services: KPMG

ANDREW MCKEAN  |  THURSDAY, 27 JUN 2024
... at a massive rate. With the increasing shift to cloud-based systems and remote work, the volume of data that needs protection is skyrocketing," KPMG said. "As a result, the cyber-attack surface is expanding, creating more alerts and triage events for ...