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Showing 311 - 320 of 1191 results for "Principle"

ISA calls SG increase delay a tax grab

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 JAN 2021
Industry Super Australia says a failure to make the planned increase of the super guarantee to 12% compulsory is a "tax grab" by the government. According to ISA, making the increase to 12% optional will result in the average Australian family paying ...

AustralianSuper breached member's privacy: Regulator

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
... the judgement said. The OAIC found AustralianSuper disclosed WG's personal information in breach of Australian Privacy Principle 6 and failed to take reasonable steps to ensure that it used accurate and up-to-date personal information for WG. AustralianSuper ...

Retiree strategies need greater attention: Research

ANNABELLE DICKSON  |  WEDNESDAY, 6 JAN 2021
... "significant merit in its simplicity" and effectiveness in mitigating market volatility. Complex bucketing follows the principle of dividing retirees' accumulated savings into discrete pools, each with different objectives and has a capital-certainty ...

Aussie, Lendi to merge

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
... that one of its long-term partners and shareholders, ANZi (a subsidiary of ANZ), had indicated that it is supportive in principle of the transaction, including the investment of an additional capital amount to the merged group. "This is an exceptional ...

Commonwealth Super awards mandate for new strategy

ELIZABETH MCARTHUR  |  MONDAY, 14 DEC 2020
Commonwealth Superannuation Corporation, the $50 billion fund for government employees, has launched a new partnership with a sustainable asset manager. CSC and Osmosis Investment Management have partnered to launch a Resource Efficient Core Equity ...

Design, distribution obligations guide released

KARREN VERGARA  |  FRIDAY, 11 DEC 2020
The regulatory guide on product design and distribution obligations for the financial services industry has been released. ASIC's RG 274 Product design and distribution obligations aims to help consumers obtain appropriate financial products by ...

PPS Mutual transforms underwriting process

ANNABELLE DICKSON  |  TUESDAY, 8 DEC 2020
Mutual life insurer PPS Mutual has removed several assessments to its medical and financial underwriting requirements to speed up the application process and benefit members. The mutual insurer has removed the "quick check medical requirement" for prospective ...

New internal audit guide for finance sector

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
A new best-practice guide for the boards and internal auditors of superannuation funds, banks and financial service providers has been released. The Institute of Internal Auditors (IIA) has released The Better Practice Guide, which was developed with ...

Government backs disciplinary body in principle

KARREN VERGARA  |  MONDAY, 30 NOV 2020
... it supports the establishment of the new single disciplinary system for financial advisers providing tax advice "in principle" in response to the independent review of the Tax Practitioners Board. In announcing its support for the review of the TPB and ...

CFA Societies adds board members, president

ANNABELLE DICKSON  |  MONDAY, 30 NOV 2020
... nationally," he said. Head of Macquarie Investment Management in Australia Raj Gohil has been appointed as vice president while Principle Advisory services director James Cowper has been named as treasurer and QSuper head of investment performance & ...