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Showing 311 - 320 of 1074 results for "Commissioner"

Super funds slapped over smoker premiums

ALLY SELBY  |  FRIDAY, 7 AUG 2020
... life insurance premiums in the process unless the member took active steps to opt out of this categorisation. ASIC commissioner Danielle Press noted insurance premiums for smokers are notoriously higher for smokers than non-smokers. "Given the low prevalence ...

Pershing convicted for client breaches

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
... it [PSAPL] must understand that the legislative requirements are important and must be adhered to," she said. ASIC Commissioner Cathie Armour welcomed the decision and said the outcome demonstrates how serious client money breaches are. "Client money ...

Another sentenced in ATO fraud

ELIZA BAVIN  |  MONDAY, 3 AUG 2020
... investigations into the alleged fraud, it was discovered one of the leaders of the syndicate was the son of former deputy tax commissioner Michael Cranston, Adam Cranston. His daughter, Lauren Cranston, was also involved.

12 charged in $17m fraud

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
... 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 show that the taskforce is well equipped ...

AustralianSuper PYS fee under scrutiny again

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JUL 2020
... At the Senate Parliamentary Joint Committee, Corporations and Financial Services Senator Andrew Bragg asked ASIC commissioner Danielle Press how ASIC's review into member communication about the fee increase. Bragg said the member communications ...

Woman jailed in $105m tax scam

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
... tax owed to the ATO. It was soon discovered one of the leaders of the syndicate was the son of former deputy tax commissioner Michael Cranston, Adam Cranston. His daughter, Lauren Cranston, was also involved. Sixteen people were charged as part of Operation ...

Super fund members compensated

JAMIE WILLIAMSON  |  FRIDAY, 26 JUN 2020
... instructions to switch the clients out of MySuper." These breaches formed part of a Royal Commission case study, where Commissioner Hayne did not find any licensee breach on the evidence before Commission, Aon Australia said. The remediation was paid ...

ATO doubles down on fraud crackdown

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
... package. This includes JobKeeper, early release of superannuation, and boosting cash flow for employers. ATO deputy commissioner Will Day said that with so many Australians impacted by COVID-19, the ATO's priority is to ensure payments get to those who ...

ASIC sues CBA, CFS over RC case

HARRISON WORLEY  |  TUESDAY, 23 JUN 2020
... Royal Commission, and ASIC deputy chair Daniel Crennan said the regulator's decision to investigate, based on Commissioner Hayne's referral, demonstrates the regulator's commitment to its Royal Commission litigation program. Responding via ...

ATO streamlines tax return process

ELIZA BAVIN  |  FRIDAY, 12 JUN 2020
... streamlined approach for tax time to allow people to easily claim tax deductions for work from home arrangements. Assistant commissioner Karen Foat said the ATO has a range of different approaches to support taxpayers and the community through this tax ...