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| | | ... the sectors to implement sensible reforms that better protect consumers in the future," he said. Mulino noted that government is looking into failure at every step of the value chain, including lead generators, financial advisers, superannuation trustees ... |
| | | | ... to ban life insurers' use of genetic test results in underwriting. The release of the draft legislation follows the government's announcement in September 2024 that it would implement a total ban, following in the footsteps of the likes of Canada, the ... |
| | | | The government is inviting industry feedback on its proposed legislation to develop a fit-for-purpose digital asset regime to better regulate platforms that hold digital assets. The draft legislation introduces two new financial products within the ... |
| | | | ... system, including pushing for retirees to place 80% of their super balance into an annuity, possibly offered by the government itself. In its submission to the Treasury consultation, it suggested that retirees should be guided by the government and super ... |
| | | | ... which could be linked to cost-of-living pressures. SMC's submission made nine broad recommendations, calling on the government to make sure the Age Pension is recognised within the principles as a critical part of retirement income for most Australians ... |
| | | | ... Trustees has marked down the value of units held in the Shield Master Fund by as much as 75%, as victims petition the government for $5 million to start a recovery fund. The Save Our Super campaign, comprising victims of the Shield Master Fund and First ... |
| | | | Greece has launched a new arm of its sovereign wealth fund, focused on investments in technology, innovation and infrastructure. The Hellenic Innovation & Infrastructure Fund (HIIF) will serve as the investment arm of Growthfund, the existing national ... |
| | | | ... Longo said: "Rob, Christine and Guy bring a wealth of experience in their roles as members of ASX top 20 boards and government investment funds, as well as deep experience across global markets, banking, regulatory, risk and technology." "Their depth ... |
| | | | ... that the proposed methodology represents a significant departure from accepted tax orthodoxy and principle, and the government should amend the bill accordingly. "A fundamental tenet of Australian tax law is that income and gains should only be taxed ... |
| | | | ... whopping $240 million fine for bank-wide "unconscionable conduct" that includes admitting it was guilty of misleading the government over the $14 billion bond scandal. The misconduct relates to five separate matters spanning the retail and institutional ... |
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